There are a lot of options for investors to choose from in the tech sector.

But one of the best according to Bell Potter could be the ASX tech stock in this article.

Which ASX 200 tech stock?

The stock that Bell Potter is tipping as a top buy is location technology company Life360 Inc. (ASX: 360).

The broker is bullish on the company’s outlook and sees next month’s quarterly update as a potential catalyst for its share price. It explains:

Life360 will report its 2Q2026 result on 11th August and we see it as a potential catalyst for the share price for three key reasons: 1. We expect MAU growth to rebound to 4.3m – consistent with 2Q2025 – if not higher (VA consensus is 4.6m) which importantly will imply an exit run-rate of close to 5m given the Android issues which persisted into April and even May; 2. We expect paying circle growth to be strong again at c.155k which is notably above VA consensus of c.135k and even see upside risk to our forecast closer to the 1Q2026 result of 202k;

And 3. If paying circle growth is >155k then we see potential for a further upgrade to 2026 revenue and EBITDA guidance as paying circle growth is obviously the key driver of subscription revenue. Note also that, if MAU growth is around or above our forecast then we would expect Life360 to maintain its 2026 MAU guidance of 17-20% growth which we would regard as positive given it implies growth of at least 5m in Q3 and Q4.

Life360 shares tipped to rise strongly

According to the note, Bell Potter has retained its buy rating on the ASX 200 tech stock with an improved price target of $35.00 (from $33.00).

Based on its current share price of $27.46, this implies potential upside of 27% for investors over the next 12 months.

Commenting on its investment thesis, the broker said:

We have rolled forward our EV/EBITDA valuation by a year – so that 2027 is now the base – given we are now in 2H2026. We apply a 25x multiple compared to 30x previously. We have also modestly reduced the WACC we apply in the DCF from 9.6% to 9.5% given the prospect of a good Q2 result and potential guidance upgrade. The net result is a 6% increase in our target price to $35.00 which is >15% premium to the share price so we maintain our BUY recommendation.

Life360 is our key pick amongst the large tech stocks we cover based on quality, valuation and potential catalysts. We note the stock looks reasonable value on a 2027 EV/EBITDA multiple of c.23x versus the FY27 EV/EBITDA of Technology One (which has a September year end) of c.26x.

The post Why this incredible ASX 200 tech stock could rise 27% appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in Life360. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Life360. The Motley Fool Australia has positions in and has recommended Life360. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Are you on the hunt for new portfolio additions in July? If you are, it could be worth hearing what analysts are recommending this week, courtesy of The Bull.

Here are three ASX shares that have been named as buys:

BHP Group Ltd (ASX: BHP)

Catapult Wealth thinks that investors should be considering this mining giant. It has named BHP shares as a buy this week.

The wealth management firm highlights strong copper prices, a robust balance sheet, and an attractive dividend yield as reasons to buy. It said:

The global miner holds dominant positions in iron ore and copper and is leveraged to increasing demand during the energy transition. A review of the Jansen stage 2 potash project in Canada resulted in a cost blowout of about $US2 billion to $US6.9 billion. Despite the Jansen impairment and the risk of industrial action at iron ore operations in the Pilbara region of Western Australia, near term earnings momentum remains strong.

Elevated copper prices and strong iron ore prices supported performance in full year 2026. The balance sheet remains robust with low net debt, while a recent dividend yield above 3 per cent adds income appeal. BHP offers cyclical upside and long term growth exposure to copper.

Dexus Convenience Retail REIT (ASX: DXC)

Another ASX share that is rated positively is Dexus Convenience Retail REIT.  It offers service station and convenience retail assets exposure.

Sanlam Private Wealth has named its shares as a buy, highlighting its cheap valuation and big dividend yield. It said:

This real estate investment trust owns service stations and convenience retail assets, mostly on Australia’s eastern seaboard. The fund’s portfolio was valued at about $760 million on December 31, 2025. The company was recently trading at a significant discount to net tangible assets (NTA) and was yielding about 8 per cent. The trust has an attractive development pipeline, modest debt and recently increased its buy-back target.

Importantly, the NTA is supported by recent asset sales of 1.5 per cent above valuation. Recently announced capital gains tax changes make the company’s assets appealing to self-managed super funds looking for reliable income generating assets. DXC is a solid defensive play in the current environment.

ResMed Inc. (ASX: RMD)

The team at Catapult Wealth is also bullish on this sleep disorder treatment company. This week, it has named ResMed shares as a buy.

The wealth management firm likes the company due to its defensive qualities and positive growth outlook. It said:

ResMed is a global leader in sleep apnoea devices and digital health platforms, benefiting from strong structural demand and resilient clinical positioning. Despite the progression in GLP-1 therapies for treating sleep apnoea, ResMed’s CPAP (continuous positive airway pressure) treatments remain superior at this point in time. RMD continues to offer appealing growth, income and defensive healthcare exposure.

The post Why BHP and these ASX shares could be strong buys this week appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in ResMed. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended ResMed. The Motley Fool Australia has positions in and has recommended ResMed. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The ASX dividend stock Lovisa Holdings Ltd (ASX: LOV) has dropped heavily over the last year. The Lovisa share price has dropped 50% since August 2025.

Lovisa is one of the world’s leading affordable jewellery businesses, with its global store network spread across every continent.

In fact, the business has at least 20 stores in each of the following countries: Australia, New Zealand, Malaysia, South Africa, the UK, France, Germany, Poland, USA and Canada.

There are multiple reasons why the ASX dividend stock looks really appealing to me. Let’s dive into it.

ASX dividend stock credentials

As a retailer, I think it would be unwise to think that the business can grow its dividend every single year. But the long-term trend is very compelling.

In FY19 – the last year before COVID-19 impacts – the business paid an annual dividend per share of 33 cents. That compares with the two most recent half-year dividends declared by the business, which amounted to 80 cents per share. In other words, in seven years, the Lovisa dividend has grown by approximately 140%.

At the time of writing, its most recent dividends come to a dividend yield of 3.7%, excluding franking credits. Based on the latest dividend’s franking credit rate of 50%, that translates into a grossed-up dividend yield of 4.4%.

Lovisa may not have the biggest dividend yield around, but it’s dividend growth that could make it particularly attractive today.

The Commsec forecast suggests the company’s annual dividend per share could climb to 89 cents in FY27 and 95 cents per share in FY28.

Business growth to drive passive income growth

All the ASX dividend stock seemingly needs to do to grow its payout is expand its global store network, as this will broaden its customer reach and provide scale benefits.

In the FY26 half-year result, the business reported that the global Lovisa store count increased by 15.5% to 1,089. The Lovisa store network achieved revenue growth of 22.7% to $498.1 million and 21.5% growth of net profit after tax (NPTA) to $58.4 million.

The company has also opened a new business in the UK called Jewells, with a higher price point, which gives Lovisa another growth avenue.

But, the most growth is likely to be found in expanding store networks in countries where there’s clearly a growth avenue for more locations (based that market’s population), such as the US, Mexico, Italy, the Netherlands, the UK, China, Germany, France and Canada.

According to the Commsec projection, the Lovisa share price is now valued at 21x FY27’s estimated earnings. If its earnings can continue growing, I think it’s got a very good chance of hiking the dividend in the years ahead.

The post 1 ASX dividend stock down 50% I’d buy right now appeared first on The Motley Fool Australia.

More reading

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• ASX 200 retail shares outperform on growing hopes interest rates have peaked
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• Here are the top 10 ASX 200 shares today
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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 Lovisa. The Motley Fool Australia has recommended Lovisa. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.