ASX shares have been under pressure this week off the back of escalating conflict in the middle east, a rise in oil prices, and concerns about how weaker commodity prices will affect miners

But periods of uncertainty are a great time to focus on investment opportunities that have strong growth potential.

Here are four ASX shares that brokers rate as strong buys, with potential upside of up to 109%.

Life360 Inc (ASX: 360)

Life360 shares have softened in July after rebounding around 55% from an annual low. They’re still another 55% below an all-time high set in October last year, however. The ASX shares were caught up in a tech-sector-wide sell-off over the past nine months which saw investors sell their tech shares amid growing fears that companies’ core services could be replaced by AI. But I think they’re now oversold and there is huge growth potential ahead. The company reported a 38% increase in total revenue in its latest quarterly results in mid-May. This was primarily driven by a 32% increase in subscription revenue and 36% increase in core subscription revenue. Life360 also upgraded FY26 guidance for its revenue and adjusted EBITDA. Market Index data shows brokers rate Life360 shares as a strong buy. They tip a 27% upside to an average $32.01 target price, at the time of writing.

Catalyst Metals Ltd (ASX: CYL)

It’s been a volatile year for this ASX gold producer this year, with its share price ranging anywhere between a low of $4.71 and a high of $9.80 over the past 12 months. Its share price spiked to an all-time high in January after it announced a significant new high-grade discovery at its Plutonic Gold Belt. But it has now lost around 42% of its value mostly thanks to a significant increase in mining costs and a weaker gold price after a strong run late last year. Global instability has also led many investors to sell their gold shares and rotate into larger, more stable assets in 2026. But I like that Catalyst Metals has shown a long period of operational consistency and organic growth. The miner expects production to increase towards the latter half of FY26 as well. Analysts rate the ASX shares as a strong buy and tip an average target price of $9.58. That implies a potential 71% upside at the time of writing.

WiseTech Global Ltd (ASX: WTC)

WiseTech is another ASX tech stock which has been swept in the tech-sector wide sell off this year. The company also recently faced headwinds following media reports that the Australian Federal Police is investigating founder Richard White over alleged trafficking matters. The company responded and said that the alleged investigation relates to Richard White in a personal capacity. It added that there is no suggestion in this media commentary of an investigation into WiseTech. But it didn’t stop investors rushing for the exit. I still see WiseTech as having a strong competitive advantage in the global logistics industry. And I think the company’s future hinges primarily on its FY26 results. If WiseTech manages to reach or exceed its upgraded guidance, I think we’ll see a turnaround in the share price. Market Index shows that the majority of brokers (seven out of eight) have a buy rating on the shares. The average $72.84 target price implies a potential 109% upside over the next 12 months, at the time of writing.

Predictive Discovery Ltd (ASX: PDI)

Gold miner Predictive Discovery also faced headwinds this year. Including higher mining costs, weaker gold prices, and an overall investor rotation away from ASX gold shares into larger, more stable assets. After a rally late last year, however, the gold miner’s shares have performed strongly. They’re now 54% higher than 12 months ago. Its production numbers are expected to increase in the latter half of the year too, with the miner actively developing gold deposits in Guinea’s Siguiri Basin. Market Index data shows brokers agree to a strong buy rating on the ASX shares. The maximum target price is $1.35 per share, which implies a potential 106% upside at the time of writing.

The post 4 ASX shares rated a strong buy and with upsides of up to 109% appeared first on The Motley Fool Australia.

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• 3 ASX shares I’d buy with $5,000 this week
• Should I invest $2,500 into WiseTech shares?
• 10 fantastic ASX shares to buy for FY27

Motley Fool contributor Samantha Menzies 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 Life360 and WiseTech Global. The Motley Fool Australia has positions in and has recommended Life360 and WiseTech Global. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Yandal Resources Ltd (ASX: YRL) this week reported new drilling results from its Siona prospect, which have piqued the interest of analysts at Shaw and Partners.

They have a buy rating on the company, albeit labelling it high risk, and a bullish share price target, which we’ll get to shortly.

First, let’s see what the company announced.

Encouraging new gold exploration results

Yandal, in a statement to the ASX, reported the results from nine shallow exploration holes at Siona, with gold grades of up to 5 grams per tonne over a 3m intersection reported.

The company said regarding the drilling:

Results have demonstrated a coherent horizontal (flat) zone of gold mineralisation within the upper regolith profile occurring broadly to the southwest of the Primary Siona mineralisation.

Yandal Resources Managing Director Chris Oorschot said:

Our previous RC and diamond drilling across the Siona gold discovery (in late 2024 and early 2025) included a number of mineralised intervals that were either outside of, or presenting a different geometry relative to the main Siona mineralised trend. These nine shallow RC holes were focussed on a possible trend situated to the southwest of the main mineralised structure. The results show an almost horizontal zone of gold mineralisation that includes some discrete higher-grade intervals. The shallow nature and consistent geometry are very encouraging and will certainly add to the Mineral Resource potential of the Siona Prospect.

Further exploration drilling will kick off in the coming weeks, the company said.

A broader exploration program will also be made public following a strategic review in late July, with the company adding that it was in a strong cash position.

Shares looking cheap

Shaw and Partners said in their note to clients that they envisaged the gold resource at the project growing substantially.

YRL already has 450koz of Resource gold largely on existing mining leases, with strong extension potential and in the vicinity of multiple gold mills owned by other corporates. Further, ongoing drill results already suggest YRL has a realistic path to reach ~1Moz of Resources within a year. Upside to our price target could come from YRL’s attractive ongoing exploration potential. Additionally, corporate optionality in the Yandal region could add further upside potential to our stock valuation.

Shaw and Partners has a 51-cent per share price target on the company, compared to 20 cents currently.

If achieved, this would constitute a 153.9% return. Yandal Resources is valued at $76.3 million.

The post This ASX gold stock could jump 150%: Broker appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England 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.

ASX bank shares have climbed higher in the first few weeks of July as expectations of lower interest rates and stable earnings expectations pique investor interest.  

Escalating geopolitical tensions and continued commodity price volatility have prompted many investors to rotate towards large ASX bank stocks for their long-standing dividends and predictable earnings.

But going forward, some bank shares are expected to fare better than others.

Here’s a rundown of how the four major ASX bank shares are tracking today, and what brokers expect next.

Hold ANZ Group Holdings Ltd (ASX: ANZ) shares

ANZ shares have tumbled into the red on Tuesday. At the time of writing, the shares are down around 1.5% and changing hands at $35.94. ANZ shares are still nearly 2% higher so far in July, and are around 19% higher than this time last year.

The banking giant posted a positive half-year update in May, including a 70% jump in its cash profit and 22% lower operating expenses.

ANZ also confirmed it has achieved 49% of its gross cost-savings target of $800 million for FY26.

Brokers are relatively optimistic about ANZ shares for FY27. TradingView data shows that 7 of 16 analysts have a hold rating on the stock. Another six have a buy or strong buy rating while three have a sell or strong sell rating.

The average $34.91 target price, however, implies a potential 3% downside at the time of writing.

Sell Commonwealth Bank of Australia (ASX: CBA) shares

CBA shares are also tumbling on Tuesday, down around 1% to $169 a piece. The shares have climbed nearly 3% so far in July, but are around 5% below levels seen this time last year.

It’s been a volatile few months for the banking giant. The bank’s most recent disappointing third-quarter capital update in mid-May caused some investor confidence to wane. The bank reported a flat operating income and 1% decline in unaudited cash NPAT.

But every time CBA shares fall, they seem to quickly rebound again. It’s likely CBA’s safe-haven appeal that continues to appeal to investors. In times of market chaos, investors typically flock to well-known and large-scale stocks.

The problem is that CBA shares have been widely considered overvalued for some time now. CBA is currently trading at a price-to-earnings (P/E) ratio of over 26, making it one of the most expensive banking stocks globally. The bumper price tag isn’t supported by the bank’s core strength or earnings either.

TradingView data shows the majority (11 out of 16) of analysts have a strong sell rating on CBA shares. Another three rate the stock as a sell, and two rate it as a hold. The average $126.51 target price implies more than 25% downside ahead, at the time of writing.

Hold National Australia Bank Ltd (ASX: NAB) shares

NAB shares are down around 1% on Tuesday and are trading at $39.63 each. The banking giant’s shares are one of the best performers among the big four so far in July, though, up around 5% in the first two weeks of the month. The shares are roughly flat on the trading level this time last year.

NAB’s half-year FY26 results in May were a miss versus market expectations, and investors reacted negatively. Despite posting a modest earnings growth, including a 6.4% increase in underlying profit and a 3.1% increase in revenue, the share price sell-off accelerated. 

Intense mortgage competition has also put pressure on the bank’s profit margins and raised concerns about future earnings.

The share price has rebounded slightly from a dip in mid-June, most likely reflecting slightly improved market sentiment. But the experts are still cautious.

TradingView data shows that eight out of 16 analysts now rate the ASX bank stock as a hold. Another five have a sell or strong sell rating, and three rate NAB shares as a strong buy. The average $37.72 target price, however, now implies a potential 5% downside, at the time of writing.

Sell Westpac Banking Corporation Ltd (ASX: WBC) shares

Westpac shares are also down around 1% at the time of writing, to $36.50 a piece. The bank shares are around 4% higher so far in July and around 9% higher than 12 months ago.

Westpac posted a solid first-half result in early May. There was a brief share price uptick after the result was announced, but then investor sentiment reversed, and the sell-off resumed. 

The bank’s shares came under even more selling pressure after a court ruling related to ongoing compliance risk weighed on sentiment. 

Westpac is the most mortgage-exposed of the big four bank shares, with approximately 69% of its loan book in residential mortgages. So, while forecasts of lower interest rates are positive news for the bank, its shares have been depressed by earlier hike announcements. 

TradingView data shows that analysts are quite pessimistic about Westpac’s outlook over the next year. The majority (nine out of 16) have a sell or strong sell rating on the bank shares. Another seven have a hold rating. The average $33.41 target price implies a potential downside of around 9% at the time of writing. 

The post ANZ, NAB, Westpac and CBA shares: Brokers rate 2 a sell, and 2 a hold appeared first on The Motley Fool Australia.

More reading

• Here’s the earnings forecast out to 2027 for ANZ shares
• Are CBA shares still worth buying for the long term?
• How to build a successful ASX dividend portfolio
• What did the market look like 10 years ago? Here’s what’s changed for the ASX 200
• 3 of the best ASX dividend stocks to supplement your superannuation

Motley Fool contributor Samantha Menzies 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.