Macquarie Group Ltd (ASX: MQG), Qantas Airways Ltd (ASX: QAN), and WiseTech Global Ltd (ASX: WTC) have all given investors plenty to think about recently.

But are they buys at current prices? Here’s what I think of all three blue-chips.

Macquarie shares

Macquarie tends to be at its best when the world is changing and large amounts of capital need to find a home.

Governments and businesses need funding for infrastructure, energy systems, technology, transport, and other major projects.
Investors also want access to private markets and real assets that can provide returns beyond traditional shares and bonds.

I like that Macquarie can participate from several directions. It can manage assets, advise on transactions, arrange financing, trade commodities, and invest alongside clients.

That range has allowed the company to keep evolving as opportunities move between markets.

Its earnings can be uneven because activity in commodities, asset sales, and corporate transactions changes from year to year. Even so, I think its global expertise, relationships, and ability to deploy capital across changing conditions make it a strong long-term buy.

Qantas shares

I have no interest in pretending airlines are easy investments.

Fuel prices, competition, industrial action, weather, economic conditions, and operational problems can all disrupt a carefully prepared forecast.

Qantas still attracts me because it has several advantages that would be extremely difficult for a new competitor to reproduce.

Its domestic network, airport slots, brand, Jetstar operations, and frequent flyer ecosystem have been built over decades. The loyalty business is especially appealing because it earns money through credit cards, retail partnerships, points, and travel rewards without relying entirely on aircraft flying at full capacity.

Fleet renewal could shape the next stage of the story. New aircraft should support better fuel efficiency, improved reliability, new routes, and a stronger passenger experience, although the investment required will be substantial.

I would approach Qantas with realistic expectations and accept that sentiment can turn quickly. At the right position size, I think the company’s competitive strengths and multiple earnings streams make the shares a buy.

WiseTech shares

WiseTech is the share I would handle most carefully, although it may also have the greatest upside if execution improves.

Global trade still runs through a maze of customs rules, freight companies, warehouses, ports, documents, and regulatory systems. CargoWise helps logistics businesses bring much of that complexity into one platform.

Once software becomes embedded across daily operations, replacing it can be expensive and disruptive. That gives WiseTech the chance to deepen customer relationships and keep expanding recurring revenue.

The e2open acquisition and greater use of artificial intelligence could widen the opportunity significantly. WiseTech wants to connect more participants across global trade while automating labour-intensive logistics workflows.

It is important to remember that investor confidence has been damaged by governance concerns, leadership questions, and uncertainty around integration. Those issues probably justify a measured position.

After the heavy share price decline, I think the balance between risk and reward has become far more attractive. WiseTech shares are a buy for me, although I would expect plenty of volatility.

Foolish takeaway

I would buy all three shares, although I think the strongest case appears when looking several years ahead rather than focusing on the next result.

Macquarie, Qantas, and WiseTech have all spent years building capabilities that would be difficult for a rival to reproduce quickly. That gives them room to keep adapting, even when earnings, sentiment, or execution become less predictable.

There will be periods when confidence weakens and the share prices test investors’ patience. At sensible position sizes, I think the long-term opportunity is attractive enough to justify buying all three today.

The post Are Macquarie, Qantas, and WiseTech shares buys? appeared first on The Motley Fool Australia.

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

The Strait of Hormuz oil shock has put ASX green energy shares firmly back in focus.

Oil is the reason why.

When crude prices spike, the whole energy sector moves with them.

Investors are now trying to work out who benefits and who suffers.

Let’s take a look.

Why the oil price matters

The Strait of Hormuz carries a large slice of the world’s seaborne crude.

Any disruption there ripples straight through global markets.

As a result of the most recent disruptions prices have remained elevated, even after cooling from their peaks.

The WTI crude oil price recently sat near US$78.93 a barrel. Brent was around US$84.31.

Higher oil prices lift the cost of fossil-fuel power. In theory, that improves the relative economics of renewables, as wind and solar don’t burn fuel and their input costs don’t rise when a tanker changes course.

That is the simple bull case, but the reality is a little more complicated.

What the latest oil shock means for ASX green energy shares

Most ASX green energy shares are not pure-play renewables businesses. Many still earn money from gas, coal, or electricity retailing. So the oil story cuts both ways. A higher wholesale power price can help earnings today. A faster energy transition can help earnings tomorrow.

Investors need to weigh each business on its own merits. Here are three names worth watching.

Three ASX green energy shares in focus

First up is Origin Energy Ltd (ASX: ORG).

Origin runs generation, gas, and a growing renewables and storage arm. The company is also one of the country’s largest electricity retailers.

Origin shares have had a rough run of late. They recently fell around 19% from this year’s highs, which traces back to its March quarter update in late April. This update showed declines across its Integrated Gas, Energy Markets, and Octopus Energy segments. Crucially, the company also downgraded its FY26 EBITDA guidance.

Today’s share price weakness could interest bargain hunters.

Next is Meridian Energy Ltd (ASX: MEZ). Meridian is a New Zealand-based renewables generator built on hydro power.

Hydro provides roughly 60% of New Zealand’s electricity, and the company recently won final approval to expand its Lake PÅ«kaki hydro storage.

However, dry-year supply risk, wholesale price uncertainty, and the drawn-out Lake PÅ«kaki storage approval process (contested by Transpower and the Energy Minister) all weighed on the shares over the year.

Finally, there is Infratil Ltd (ASX: IFT).

Infratil is an infrastructure investor with broad exposure.

Its portfolio spans renewable generation, data centres, and airports.

That diversification can smooth out the bumps across the current oil shock, giving investors a bit of downside protection.

The bottom line on ASX green energy shares

The Strait of Hormuz crisis is a stark reminder of the world’s reliance on oil.

It also underlines the long-term case for cleaner power.

But ASX green energy shares are not a simple one-way bet. Each business carries its own mix of risks and rewards, and investors should be careful to analyse each opportunity individually.

Foolish takeaway

Oil shocks come and go.

The energy transition looks more like a multi-decade theme.

For patient investors, ASX green energy shares offer one way to play it.

Just be sure to understand what sits inside each business first.

The post What the Strait of Hormuz oil shock means for ASX green energy shares appeared first on The Motley Fool Australia.

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Motley Fool contributor Mark Verhoeven 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.

Share prices are changing all the time, giving investors the opportunity to buy (and sell). When ASX shares are trading near 52-week lows, they could be particularly attractive buys.

Of course, there’s a danger they could fall even further from here. But, even if they do, the two ASX shares I want to highlight look like they could materially climb over the next two or three years.

I’m bullish on the two stocks below and optimistic they can bounce back.

ARB Corporation Ltd (ASX: ARB)

The business claims to be Australia’s largest manufacturer and distributor of 4WD accessories which are made to perform in harsh environments. It distributes its products to more than 100 countries.

A significant portion of the company’s products are manufactured in Thailand, where costs are denominated in the Thai baht. The weaker Australian dollar hurt margins in the FY26 first half and this is part of what has sent the ARB share price down by more than 50% since August 2025.

I believe this decline could be a great time to invest. As Warren Buffett once said, be fearful when others are greedy and greedy when others are fearful.

The company believes there a number of elements that could help the company’s long-term success. That includes the expansion of the Australian and New Zealand aftermarket, with new and upgraded retail stores and stockists, and the launch of the new e-commerce sites.

Next, the company highlighted developments in both distribution and product dedicated to the USA market.

ARB also noted increased distribution and manufacturing capacity to accommodate future growth. It also highlighted a pipeline of new product developments and releases.

According to the projection on Commsec, the ARB share price is valued at 17x FY26’s estimated earnings and 15x FY27’s estimated earnings.

Tuas Ltd (ASX: TUA)

Another ASX share that I think looks very undervalued in my opinion is the Singapore-based ASX telco share.

At the time of writing, it has writing more than 60% since mid-May. Ouch. It’s close to its 52-week low.

The Infocomm Media Development Authority of Singapore (IMDA) said it had learned that Simba may have been using radio frequency bands it was not authorised to use. This led to the termination of the M1 acquisition, leaving Tuas with a lot more shares (and a large cash balance) compared to before the attempted acquisition.

I don’t think this will stop the business operating in Singapore and it hopefully won’t slow the company’s growth in Singapore too much. The Tuas share price looks undervalued for how much regular profit it’s generating, plus it can grow in other ways with that cash pile, such as expanding internationally.

In the FY26 first half, the company reported revenue growth of 26% and underlying operating (EBITDA) rose 27%. It grew revenue at a strong pace and the profit margin increased.

The business is making progress expanding its mobile and broadband user base, which is helping its top line and bottom line. It’s already very profitable on a cash flow basis – HY26 operating cash flow was $50.1 million. This can be used to improve the business in the coming periods. 

Despite the setback, I think this ASX share can bounce back from near its 52-week lows.

The post 2 ASX shares near 52-week lows I’d buy today appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has positions in Tuas. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended ARB Corporation. The Motley Fool Australia has recommended ARB Corporation. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.