There many hundreds of ASX shares that investors can buy, but not many are backed by multiple analysts with buy ratings.

I think it’s interesting when an expert calls a stock a buy, but it could be a compelling idea when there are numerous buy ratings.

Based on the positivity of analysts, below could be two of the best ideas to buy right now.

AMP Ltd (ASX: AMP)

AMP is a diversified business that offers superannuation, investments and banking services.

The company recently announced its profit expectations for the 2026 first half result. Underlying net profit after tax (NPAT) is expected to be in the range of between $170 million to $180 million.

It outlined a number of elements from that update. In its China partnerships, it’s expecting to see a stronger contribution with a 24% rise of profit to approximately $56 million.

AMP’s investment income impacts of $5 million have been “favourable” following interest rate increases, compared to the first half of 2025.

It also highlighted a $5 million favourable impact of the North guarantee in the platforms.  

The business also noted it was recognising approximately $13 million of a carried interest relating to a partial sale of remaining assets within a legacy fund that was retained from the sale of AMP Capital’s international infrastructure equity business.

According to CMC Invest, there have been seven ratings within the last three months with, four buys and three holds.

JB Hi-Fi Ltd (ASX: JBH)

Another ASX share that is highly backed by analysts right now is electronics and appliance business JB Hi-Fi.

It now operates four different businesses – JB Hi-Fi Australia, JB Hi-Fi New Zealand, The Good Guys and E&S. The company has excelled at having very productive sales floors, efficient costs and offering customers competitive prices.

Given how Australia has become increasingly digital, JB Hi-Fi operates in a compelling segment of the retail market and has a strong market presence.

In addition, the business has regularly increased its annual dividend for investors – the payout has increased almost every year since 2013. That’s a great track record for investors focused on passive income.

In terms of analyst backing, according to CMC Invest, there have been 10 ratings on the business in the last three months, with five buy ratings, four buy ratings and one sell rating. Based on the projection on CMC Invest, the business is forecast to pay a grossed-up dividend yield of 6.3% including franking credits and 4.4% excluding franking credits.

The post 2 ASX shares highly recommended to buy: Experts appeared first on The Motley Fool Australia.

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• How much do I need in my superannuation to earn an annual $60,000 passive income?

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Owning Wesfarmers Ltd (ASX: WES) shares for passive income makes a lot of sense given its dividend track record.

The company owns a number of leading Australian businesses including Kmart, Bunnings, Officeworks, Priceline and WesCEF (chemicals, energy and fertilisers).

Wesfarmers has been listed for decades and it has delivered great dividend growth over the long-term. On the company’s own website, the business says it wants to grow dividends:

With a focus on generating strong cash flows and maintaining balance sheet strength, the group aims to deliver satisfactory returns to shareholders through improving returns on invested capital. As well as share price appreciation, Wesfarmers seeks to grow dividends over time commensurate with performance in earnings and cash flow.

Let’s look at what the payout is projected to deliver and what it would take to make $10,000 of dividends.

Dividend projection

Considering we’re already in the 2027 financial year, I think it’s worthwhile to look at what could happen with the company’s annual dividend in FY27.

According to the projection on Commsec, the business is forecast to pay an annual dividend per share in FY27 of $2.33 – that would represent year-over-year growth of around 8% compared to the estimate for the annual payout of $2.16 in FY26.

At the time of writing, the potential payout for FY27 translates into a dividend yield of 2.5% excluding franking credits and 3.6% including franking credits.

That’s not the biggest dividend yield out there, but the business continues to retain some of its earnings to reinvest for growth, and the company is priced for its rising earnings. The yield could be noticeably higher by the end of the decade if it continues to grow its annual passive income.

Wesfarmers has increased its annual dividend each year since 2020, after spinning off Coles Group Ltd (ASX: COL) as a separate business. I think the quality of Wesfarmers’ earnings from Kmart and Bunnings will help it continue growing earnings in the next few years.

How many Wesfarmers shares are needed for $10,000 of passive income?

Receiving $10,000 of dividends from a single business would be a substantial amount, so I’d suggest investors should make sure their portfolio is diversified and not mostly reliant on Wesfarmers for passive income.

Based on the projection for the 2027 financial year, an investor would need 4,292 Wesfarmers shares excluding the franking credits. If we include the franking credits as part of the overall goal, an investor would need 3,005 Wesfarmers shares.

At the time of writing, the Wesfarmers share price has soared 30% since mid-May. While this is great for existing shareholders, it’s a less compelling buy for new shareholders. There are other ASX shares that could be better buys.

The post How many Wesfarmers shares do I need to buy for $10,000 of passive income? appeared first on The Motley Fool Australia.

More reading

• How I would turn $200,000 into an ASX retirement income portfolio
• Up 29% since May, can Wesfarmers shares keep surging higher?
• How to build an ASX dividend portfolio that keeps paying you for decades
• Buy, hold, sell: SKS Technologies, Yancoal, Wesfarmers shares
• How much is needed in superannuation to target a $100,000 annual passive income?

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Wesfarmers. The Motley Fool Australia has recommended Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

If you are seeking big returns, then it could be worth checking out the ASX shares in this article.

That’s because the team at Bell Potter believes these shares could rise at least 90% over the next 12 months.

Here’s what the broker is recommending to clients:

Falcon Metals Ltd (ASX: FAL)

Bell Potter sees significant value in this gold explorer’s shares. In response to its latest drilling results, the broker has retained its speculative buy rating and $1.10 price target on the ASX share.

Based on its current share price of 36.5 cents, this suggests that upside of 201% is possible between now and this time next year.

Its analysts are very optimistic on Falcon Metals’ Blue Moon project in Victoria. They commented:

Blue Moon continues to shape as a potentially district-scale orogenic gold system, with these results defining a fifth mineralised zone with the system remaining open at depth and along strike. Each successive step-out has validated the geological model generated by FAL’s exploration team, which continues to identify additional stacked reefs where predicted, building our confidence in both the targeting and the scale on offer. 

Magnolia Zone does not form part of our Blue Moon NDS, offering valuation upside once the zone becomes derisked through further exploration. We maintain our Valuation of $1.10 and Speculative Buy recommendation.

Fenix Resources Ltd (ASX: FEX)

This iron ore miner’s shares could be deeply undervalued according to Bell Potter. In response to its fourth-quarter update, the broker has retained its buy rating on the ASX share with a trimmed price target of 54 cents.

Based on its current share price of 28 cents, this implies potential upside of approximately 93% for investors.

Bell Potter was pleased with its performance in the fourth quarter and is positive on the company’s production growth outlook. Commenting on its outlook, the broker said:

FEX’s FY27 guidance points to sales of 4.7-5.3Mt, up 14% YoY at the midpoint. Notably, C1 cash cost guidance is consistent with FY26 at A$70-80/t, demonstrating strong cost discipline during a highly inflationary environment.

FEX has outlined a clear pathway to incrementally grow iron ore production to 10Mtpa at significantly lower unit costs, leveraging its integrated logistics network to underpin cash flows and fund its substantial organic growth outlook. FEX holds the largest storage position at the strategic and fast-growing Geraldton Port.

The post Bell Potter says these ASX shares could rise 90% to 200% appeared first on The Motley Fool Australia.

More reading

• 2 ASX shares highly recommended to buy: Experts
• How many Wesfarmers shares do I need to buy for $10,000 of passive income?
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• 5 things to watch on the ASX 200 on Wednesday
• BHP shares have tripled in the past 10 years. Could history repeat itself over the next decade?

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.