Category: Stock Market

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

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

It has been a busy week for many of Australia’s top brokers. This has led to a number of broker notes hitting the wires.

Three broker buy ratings that you might want to know more about are summarised below. Here’s why brokers think these ASX shares are in the buy zone right now:

Flight Centre Travel Group Ltd (ASX: FLT)

According to a note out of Morgans, its analysts have retained their buy rating on this travel agent’s shares with an improved price target of $14.80. Morgans notes that given recent downgrades from other travel industry peers due to the conflict in the Middle East, it wasn’t surprised to see Flight Centre downgrade its earnings guidance. The broker believes that if it were not for the conflict, FY 2026 would have had a great year given its results for the first nine months were strong. Looking ahead, Morgans is positive on Flight Centre’s outlook and expects a strong rebound in the second half of FY 2027. As a result, it thinks investors should be buying Flight Centre shares while they are down, noting that when operating conditions ultimately improve, both its earnings and share price will be materially higher. The Flight Centre share price is trading at $11.97 on Friday.

Santos Ltd (ASX: STO)

A note out of Citi reveals that its analysts have retained their buy rating on this energy giant’s shares with a reduced price target of $8.50. The broker has lowered its earnings estimates for energy stocks to reflect softer oil price assumptions after the Strait of Hormuz reopened following a US-Iran peace deal. Citi believes that there will be a sizeable oil surplus by 2027, which will weigh on oil prices. However, it remains positive on Santos and highlights that its shares trade at a discount to its larger rival Woodside Energy Group Ltd (ASX: WDS) but believes this valuation discount could narrow in the future. The Santos share price is fetching $7.31 at the time of writing.

Seek Ltd (ASX: SEK)

Analysts at Bell Potter have retained their buy rating and $18.60 price target on this job listings company’s shares. According to the note, the broker has been looking at industry data and appears positive. It believes that when interest rates start to fall, Seek will start outperforming like it did in previous cycles. Outside this, the broker believes AI disruption concerns are overdone and highlights its underlying proprietary data (~750m points per day) as a reason to be positive. Bell Potter notes that a lot of this is traffic metadata which is unable to be scraped by third parties, is valuable for targeted job placements, and should support yield through soft volume environments. The Seek share price is trading at $13.50 this afternoon.

The post Brokers name 3 ASX shares to buy right now appeared first on The Motley Fool Australia.

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• Oil prices slump to pre-war levels as supply-risk premium evaporates
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Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor James Mickleboro has positions in Woodside Energy Group Ltd. 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 recommended Flight Centre Travel Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

There aren’t many ASX income stocks left on the Australian share market with a dividend yield above 4%.

You can rule out Commonwealth Bank of Australia (ASX: CBA), Telstra Group Ltd (ASX: TLS), Coles Group Ltd (ASX: COL), Woolworths Group Ltd (ASX: WOW), Wesfarmers Ltd (ASX: WES), and many others.

Even fewer still yield 4% or more, and pay out monthly dividends. But let’s talk about one ASX income stock that ticks all of those boxes.

Well, technically, it is not a stock, but an exchange-traded fund (ETF). But income investors, don’t let that put you off the BetaShares S&P Australian Shares High Yield ETF (ASX: HYLD).

Like most ASX ETFs, HYLD allows investors to indirectly own a piece of an underlying portfolio of assets. In this case, this portfolio consists solely of other ASX income stocks – about 50 to be precise.

This portfolio concentrates on the highest-yielding sectors of the ASX, so investors shouldn’t be surprised to see that bank shares make up about 40% of HYLD’s weighted portfolio. But this ETF also holds ASX income stocks from other corners of the market, ranging from mining and energy to consumer staples and utilities.

At present, the income stocks that take up the most room in the Betashares Australian Shares High Yield ETF include BHP Group Ltd (ASX: BHP), ANZ Group Holdings Ltd (ASX: ANZ), Macquarie Group Ltd (ASX: MQG), Rio Tinto Ltd (ASX: RIO), and Transurban Group (ASX: TCL).

But let’s talk about what kind of income this stock could provide.

An ASX monthly income stock with a 4.2% yield?

The HYLD ETF has only been around on the ASX for a relatively short period of time. It first floated on the ASX back in August of last year.

Since then, this fund has doled out ten dividend distributions on its monthly pay schedule. The last four of these payments were worth 11.7 cents per unit each. The first six came in at 11.9 cents.

If we annualise the former metric, just to be conservative, we get a figure of $1.40 per unit in dividend distributions. At the current HYLD unit price, that gives this ASX income stock a trailing yield of 4.21%. Due to the varied nature of the portfolio, these dividend distributions usually come partially franked at varying degrees.

Now, as with any ASX dividend stock, we shouldn’t assume this is the yield one can expect going forward. However, we can say that, given the nature of HYLD’s portfolio, the yield from this stock should continue to come in at the upper end of what the broader ASX is offering.

As such, I think the Betashares Australian Shares High Yield ETF is an income investment well worth considering for any dividend seeker in 2026.

The post This ASX income stock has a 4.2% yield and pays out monthly dividends appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen has positions in Wesfarmers. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group, Transurban Group, and Wesfarmers. The Motley Fool Australia has positions in and has recommended Telstra Group and Transurban Group. The Motley Fool Australia has recommended BHP Group, Macquarie Group, and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

I must admit, I’ve had a hard time finding quality ASX stocks at cheap prices to buy in recent months. And I’m sure I’m not alone.

Most of my favourite ASX stocks, namely Washington H. Soul Pattinson and Co Ltd (ASX: SOL), MFF Capital Investments Ltd (ASX: MFF) or Wesfarmers Ltd (ASX: WES) are either approaching their record highs, or just look prohibitively expensive.

Other options, particularly dividend stocks like Telstra Group Ltd (ASX: TLS), Coles Group Ltd (ASX: COL), or Commonwealth Bank of Australia (ASX: CBA), aren’t offering much, at least relatively speaking, in dividend income potential. As a result, I’ve found little reason to buy.

As an investor who attempts, with varying degrees of success, to follow Warren Buffett’s value investing style, this makes life difficult. After all, Buffett teaches us that merely finding high-quality, moat-protected companies doesn’t make for a compelling investment. You also have to buy those stocks at what Buffett’s late right-hand man Charlie Munger once called “prices that make sense”.

So, what’s an investor to do when facing this devilish conundrum?

Investing when you don’t know which ASX stocks to buy

I think ASX investors have three choices if hamstrung by the current market conditions.

The first is just continuing to look under more and more proverbial rocks for investing opportunities. Just because the blue chips of the ASX are pricey doesn’t mean every single stock on the market is expensive to buy too. You never know when you might find a stock with potential to buy that the broader market has missed. One could even extend that to the US markets, or other international stock exchanges, if one has the appetite.

If that all sounds a bit tricky, I don’t think there’s anything wrong with investing in cash assets at this point in time. Cash assets like term deposits, savings accounts or cash-based exchange-traded funds (ETFs) haven’t looked this good in years. With interest rates at levels unseen for most of the past decade, you can lock in a risk-free return of over 5% right now on many cash assets. That’s not a bad return for a zero-risk investment.

Finally, investors can consider index funds. Yes, index funds rise and fall with the broader market, and as such, are quite pricey right now. But I think a period, passive investing strategy, ideally using dollar-cost averaging, works in any investing environment, provided the investor keeps a long-term mindset. Plus, I always say that, given markets go up far more often than they go down, it’s not a terrible idea to keep investing in index funds when they are at, or near, all-time highs.

The post How to invest in ASX shares when you can’t find stocks to buy appeared first on The Motley Fool Australia.

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• Here are my 5 best ASX passive income stocks
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• Woolworths shares vs Coles: Buy, hold, or sell these ASX giants?
• Which Aussie blue-chip stock is the best performer so far in 2026?

Motley Fool contributor Sebastian Bowen has positions in Mff Capital Investments, Washington H. Soul Pattinson and Company Limited, and Wesfarmers. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Washington H. Soul Pattinson and Company Limited and Wesfarmers. The Motley Fool Australia has positions in and has recommended Mff Capital Investments, Telstra Group, and Washington H. Soul Pattinson and Company Limited. 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.

Wilson Asset Management says proposed changes to capital gains tax (CGT) will encourage investors into higher-yielding assets.

In the share market, that means ASX dividend shares, especially those that offer high franking, over ASX growth shares.

Under the changes announced in the Federal Budget, the 50% CGT discount for assets held longer than 12 months will be replaced by a cost base inflation indexation method from 1 July next year, and a minimum 30% CGT rate will apply.

While existing investments will be grandfathered, so the 50% CGT discount will continue to apply to gains before 1 July 2027, the rules change after that date.

That means existing investors will pay CGT based on two sets of calculations: pre-1 July 2027 gains using the 50% discount, and post-1 July 2027 gains using the inflation-indexed method.

Wilson Asset Management’s view

Wilson advocated for keeping the CGT discount for ASX shares and all other assets except investment property.

In a submission to a Senate enquiry, Wilson explained that “capital flows toward the highest after-tax risk-adjusted return”.

‘After-tax’ is the key term there.

Wilson said retail investors were likely to gravitate toward higher-yielding assets offering passive income if they have to pay more CGT.

The fundie said:

By increasing the tax burden on long-term capital gains while leaving income-producing assets comparatively more attractive, the Bills will, over time, redirect Australian savings away from growth companies, founders, venture capital and productive enterprise, and toward yield-producing assets that generate income.

Wilson manages about $6 billion for 130,000 Australian investors who own shares in its ASX listed investment companies (LICs).

Those LICs include WAM Capital Ltd (ASX: WAM), WAM Leaders Ltd (ASX: WLE), and WAM Research Limited (ASX: WAX).

Wilson said the changes would discourage investment, entrepreneurship, and economic growth, and “alter investor behaviour”.

Capital will increasingly favour mature yield-producing assets rather than growth-oriented investments whose returns are realised predominantly through future capital appreciation.

Currently many of Australia’s most successful businesses generate limited income in their formative years.

Investors accept risk in exchange for the prospect of long-term capital growth. The proposed tax changes reduce that outcome.

The consequence of this will be a gradual reallocation of capital … toward assets producing immediate taxable income.

Chairman and Chief Investment Officer of Wilson Asset Management, Geoff Wilson AO, also appeared before the committee.

In his speech, Wilson said:

Australia’s prosperity has always depended on a simple idea: that if people work hard, save carefully and take considered risks with their capital, they can build a better future for themselves and their families.

We believe this legislation weakens that social contract.

ASX dividend shares will become more appealing: experts

Wilson Asset Management is among many professional managers who say the proposed CGT tax changes will encourage investors to pursue ASX dividend shares over ASX growth shares.

Wealth and investment advisory firm Medallion says:

At a high level, the changes tilt the playing field toward yield.

If a larger portion of capital gains is taxed away, the after-tax return profile of growth assets; equities, start-ups, and expansionary investments becomes less compelling.

In contrast, income streams such as dividends retain their relative appeal, particularly where they are franked.

Market Partners analysts James Gerrish and Shawn Hickman said income investments were already more appealing in today’s economic environment.

In a webinar presentation, they said:

Sticky inflation, higher rates and geopolitical uncertainty all increase the value of tangible cash flow today.

So, when the proposed CGT changes are added on top, they concluded:

Growth still has a role, but strategies that rely heavily on after-tax capital gains look relatively less attractive.

The post Wilson Asset Management says CGT tax changes will ‘redirect’ investment toward yield appeared first on The Motley Fool Australia.

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• How to invest in ASX shares when you can’t find stocks to buy
• Here are my 5 best ASX passive income stocks
• Why Aeris, Newmont, PLS, and REA Group shares are tumbling today

Motley Fool contributor Bronwyn Allen has positions in Wam Capital. 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.

If passive income were the goal, I would want ASX shares backed by robust cash flows.

I would be asking whether the business sells something people keep using, owns assets that are hard to replace, or serves customers that need its products in good times and bad.

With that in mind, these are five ASX passive income stocks I would consider buying.

Telstra Group Ltd (ASX: TLS)

Telecom giant Telstra is one of the first names I would look at for passive income.

The company’s biggest strength is its role in everyday life. Mobile connectivity is now essential for households, businesses, payments, entertainment, travel, security, and work.

That gives Telstra a level of repeat demand that many businesses would love.

I also like its leadership position in mobile. Network quality still counts, and Telstra has the scale to keep investing in coverage, capacity, and technology upgrades.

For income investors, the attraction is the mix of defensive earnings, a strong brand, and a dividend profile that has become easier to understand in recent years.

APA Group (ASX: APA)

APA is another passive income stock I would be happy to own.

The business owns energy infrastructure that helps keep Australia running. Its pipelines, processing assets, storage assets, power generation, batteries, and transmission infrastructure all play a role in energy supply.

That infrastructure base is the appeal. These are long-lived assets, and they are difficult to replicate quickly. Australia’s energy system is also becoming more demanding as the country tries to balance reliability, affordability, and lower emissions.

Debt and interest rates need watching, as with any infrastructure-style business. But for long-term income, I think APA has useful qualities.

Amcor plc (ASX: AMC)

Amcor gives investors a different type of income exposure.

The company supplies packaging and dispensing solutions across food, beverages, healthcare, beauty, wellness, and other consumer categories.

That may sound simple, but packaging is part of a huge number of everyday products. Food needs protection. Medicines need safe packaging. Consumer brands need containers, cartons, closures, and flexible packaging that work properly and meet changing sustainability expectations.

Amcor’s global footprint gives it spread across customers, countries, and end markets. It still faces risks from input costs, currencies, debt, and customer demand, but I like the repeat-use nature of what it provides.

Transurban Group (ASX: TCL)

Transurban is one of the more interesting infrastructure-style income shares on the ASX.

Its toll roads are woven into major cities, particularly in Australia and North America. These assets are valuable because they sit on transport corridors that are hard to duplicate.

Traffic volumes can shift with the economy, work patterns, fuel prices, and population growth. But over long periods, well-located urban roads can remain important pieces of infrastructure.

The business is capital intensive, so debt always deserves attention. Still, I think Transurban has several income-friendly traits: scale, scarcity, regular usage, and exposure to growing cities.

BWP Group (ASX: BWP)

BWP Group is a property name I would include.

It owns a portfolio of large-format retail properties, with a strong connection to Bunnings-leased assets. That gives it exposure to a tenant and category with a long record of relevance to Australian consumers.

Hardware, renovation, trade, gardening, and home improvement spending can move with the cycle, but well-located large-format sites remain valuable.

For passive income investors, I think the attraction is the simplicity of the model. BWP owns physical properties, collects rent, and distributes income to investors.

Foolish takeaway

Passive income investing works best when the dividend has something solid behind it.

That is what I like about this group. These companies touch communications, energy, packaging, transport, and property, giving investors exposure to different parts of the economy that people and businesses continue to use.

They are not risk-free, and issues such as debt, regulation, inflation, and interest rates always need watching. But if I were building an ASX portfolio for passive income, I would want businesses with staying power rather than just big yields.

These five stocks fit that brief for me.

The post Here are my 5 best ASX passive income stocks appeared first on The Motley Fool Australia.

More reading

• How to invest in ASX shares when you can’t find stocks to buy
• APA Group announces estimated FY26 final distribution, up 1.7%
• 4 ASX 200 shares downgraded by brokers this week
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• Where to invest $10,000 in ASX dividend shares

Motley Fool contributor Grace Alvino has positions in Transurban Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Transurban Group. The Motley Fool Australia has positions in and has recommended Amcor Plc, Apa Group, Telstra Group, and Transurban Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week with a disappointing decline. At the time of writing, the benchmark index is down 1.15% to 8,807.4 points.

Four ASX shares that are falling more than most today are listed below. Here’s why they are dropping:

Aeris Resources Ltd (ASX: AIS)

The Aeris Resources share price is down 10% to 38 cents. This morning, this copper producer announced that the Supreme Court of New South Wales has approved the acquisition of Peel Mining Ltd (ASX: PEX). Aeris’ executive chair, Andre Labuschagne, said: “The acquisition of Peel is a major milestone for Aeris and will underpin the future of our Tritton copper operations. We look forward to welcoming the Peel shareholders onto the Aeris register as we continue to grow the business, positioning Aeris as a leading Australian copper producer.” Judging by the share price weakness, it seems that some investors aren’t overly positive on the deal.

Newmont Corporation (ASX: NEM)

The Newmont share price is down almost 7% to $143.37. Investors have been selling gold miners today after the price of the precious metal weakened further overnight. The gold price is currently on track for its third weekly loss in a row in response to concerns over potential interest rate hikes in the United States. The S&P/ASX All Ords Gold Index is down over 4.5% at the time of writing.

PLS Group Ltd (ASX: PLS)

The PLS share price is down 4% to $5.92. This follows broad weakness in the mining sector, which has offset the release of a big announcement this morning. PLS revealed that its board has approved the early spending on its P2000 Project at Pilgangoora. The company’s CEO, Dale Henderson, said: “P2000 has the potential to represent the next major phase of growth at Pilgangoora and further strengthen PLS’ position as one of the world’s leading lithium producers. This pre-FID capital expenditure preserves optionality and maintains momentum along the critical path. By progressing long-lead procurement, engineering and early works now, we are positioning PLS to respond to future lithium demand while retaining optionality for the timing of any final investment decision.”

REA Group Ltd (ASX: REA)

The REA Group share price is down 3% to $139.89. This morning, Bell Potter reaffirmed its sell rating on the property listings company’s shares with a trimmed price target of $133.00 (from $137.00). The broker said: “We retain our Sell recommendation. Consensus EPS forecasts have recently declined by c.-2% in recent weeks, however, we still view 13% consensus growth for FY27e as having downside risk. Our thesis rests on REA’s share price declining from a reduction in EPS forecasts in-line with market pricing.”

The post Why Aeris, Newmont, PLS, and REA Group shares are tumbling today appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in REA Group. 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.

Shares in SkyCity Entertainment Group Ltd (ASX: SKC) were surging higher on Friday after the company got whacked with a $21 million fine for serious breaches of its Adelaide Casino licence.

Bringing a dark chapter to an end

The fine follows a $67 million settlement in 2024 with the financial crimes regulator AUSTRAC, over the casino’s contravention of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act). 

AUSTRAC said in 2024 that the casino had failed to carry out the required checks on 121 customers, “including where SkyCity knew customers were the subject of law enforcement interest, or where there were indications that some posed a higher risk of money laundering”.

AUSTRAC acting Chief Executive Peter Soros said at the time:

Criminals will always seek to take advantage of the gambling sector to clean their dirty money. If casinos and other gambling entities have weak anti-money laundering systems and controls, they leave themselves vulnerable to criminal exploitation. Money laundering is not a victimless crime. It happens because criminals are trying to clean their dirty money obtained by lucrative illegal activities like trafficking drugs or humans, and it is often reinvested to further criminal enterprises and amplify these harms.

The AUSTRAC process ran in parallel with an investigation by South Australia’s Commissioner for Liquor and Gambling into SkyCity’s suitability to hold the casino licence.

SkyCity given a to-do list

As part of the agreement announced today to the ASX, SkyCity will have to appoint a local Chief Executive, as well as an independent local board.

SkyCity will also have to phase out the use of cash for transactions greater than $4999, and there will be a prohibition on gambling junkets, which the company has already phased out.

SkyCity Chief Executive Officer Jason Wallbridge said the in-principle agreement was an important step for the company and reflected the work done over four years to improve the casino’s compliance culture.

We accept the findings that led to this outcome and take seriously the obligations we have committed to. The structural changes for the Adelaide Casino – including an independent board and locally-accountable leadership – reflect a genuine commitment to operating as a responsible casino operator. We are grateful for the constructive engagement of the Commissioner’s office throughout this process.

SkyCity will also have to appoint an independent compliance auditor reporting to the SkyCity Adelaide board.

SkyCity shares traded as high as 49 cents on the news before settling back to be 15.9% higher at 47.5 cents.

SkyCity is valued at $52.5 million.

The post Why is this ASX gambling stock jumping 15% today? 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.

A 10-year share is a different kind of investment.

It needs more than a good-looking valuation or a strong recent update. It needs a business case that can survive changing markets, different economic cycles, new competitors, and the occasional period when investors lose interest.

That is why I think the best question is not simply whether a share looks cheap today. I would ask whether I can still imagine the business being larger, more useful, and more valuable in a decade.

Here is how I would approach choosing ASX shares for the long term.

I’d look for a job that needs doing

The first thing I would want is a business that solves a problem customers keep facing.

That could be a bank helping households and businesses move money and access credit, a healthcare company improving patient outcomes, a software provider making daily operations easier, or an infrastructure owner connecting people, energy, goods, and data.

The exact industry is less important than the usefulness of the product or service.

A company with a clear job to do has a better chance of staying relevant. If customers rely on it, budget for it, and return to it, the business may have room to keep compounding.

This is why I like thinking about demand before thinking about the share price. A lower valuation can help, but the business still needs a reason to matter.

I’d favour businesses with room to reinvest

A good long-term share should have ways to put money back to work.

That might mean opening new stores, building new data centres, launching better products, acquiring sensible assets, expanding overseas, improving technology, or deepening relationships with existing customers.

The best companies do not simply earn profits. They find ways to turn today’s profits into tomorrow’s growth.

That is where I think businesses such as Goodman Group (ASX: GMG), Hub24 Ltd (ASX: HUB), and TechnologyOne Ltd (ASX: TNE) become interesting examples. Each has a clear pathway to reinvest if demand continues to grow.

For a 10-year holding, that reinvestment runway can be important.

I’d check the culture, not just the numbers

Numbers are important, but they do not tell the whole story.

A company can look attractive on paper and still disappoint if management allocates capital poorly, chases the wrong acquisitions, overpromises, or loses focus on customers.

I would want signs that management thinks like long-term owners.

That can show up in disciplined spending, sensible debt levels, clear strategy, honest communication, and a willingness to walk away from ideas that no longer make sense.

A business such as Wesfarmers Ltd (ASX: WES) is a useful example here. The company’s appeal is not only the brands it owns today. It is the way it has historically approached capital allocation, productivity, customer value, and portfolio discipline.

Over 10 years, those habits can make a meaningful difference.

I’d accept that the story will change

No 10-year investment stays exactly the same.

A company may shift into new markets, sell assets, buy competitors, change management, face new regulation, or deal with technology that did not exist when the investment was first made.

That means I would want to own businesses that can adapt.

A rigid business can look strong for a while, then struggle when the environment moves. A flexible business with strong customer relationships, good data, financial strength, and capable leadership has more ways to respond.

This is also why I would review long-term holdings periodically. Holding for 10 years does not mean ignoring the facts for 10 years. It means giving a good business enough time, while still checking that the original reasons for owning it remain intact.

Foolish takeaway

The ASX shares I would want to hold for 10 years are the ones with a clear reason to exist, room to reinvest, and management teams that can make sensible decisions when conditions change.

A long holding period gives investors the chance to benefit from compounding, but only if the business keeps earning that patience.

I think that is the real test. The best long-term shares are not always the loudest names in the market. They are often the businesses that keep becoming more useful, more efficient, and more valuable while time does the quiet work in the background.

The post How I’d choose the best ASX shares I could hold for 10 years appeared first on The Motley Fool Australia.

More reading

• How to invest in ASX shares when you can’t find stocks to buy
• Where I’d invest $2,000 in ASX 200 shares
• Which Aussie blue-chip stock is the best performer so far in 2026?
• Wesfarmers shares have surged 20% in a month. Buy now?
• Warning! 5 ASX stocks to fall 20% or more: Experts

Motley Fool contributor Grace Alvino has positions in Hub24 and Wesfarmers. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goodman Group, Hub24, Technology One, and Wesfarmers. The Motley Fool Australia has recommended Goodman Group, Hub24, Technology One, and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Audinate Group Ltd (ASX: AD8) shares are roaring higher on Friday despite having a rough few days.

At the time of writing, the Audinate share price is up 20.29% to $2.105.

That’s a big move, but it follows a heavy sell-off. The ASX tech stock hit a 52-week low of $1.71 yesterday after falling more than 10% earlier in the week.

Even after today’s jump, Audinate shares are still down almost 50% since the start of 2026 and around 70% lower than this time last year.

So, what’s going on?

Bargain hunters step back in

Despite the gain, there hasn’t been any new price-sensitive announcement from Audinate today.

Instead, the latest move looks more like some investors are returning after the stock’s heavy fall.

The company’s share price has been under pressure for months as investors have worried about slower growth, weaker earnings, and higher costs.

Audinate develops and sells digital audio-visual networking products, mainly through its Dante platform. Dante is used to send audio and video signals across computer networks and is used in more than 3,800 networked audio and video products worldwide.

The company services areas such as live music, events, recording studios, commercial installations, and broadcast.

But while Audinate has a unique market position, the market has become less willing to pay high prices for growth companies that aren’t delivering strong earnings.

What did the latest result show?

Audinate’s first-half result in February showed revenue of US$21.1 million, up 12% on the prior corresponding period. Gross profit rose to US$17.4 million, while its gross margin held at 82.6%.

The company also reported 66 Dante design wins during the half, an 8% increase on the prior period.

However, the market was more focused on costs and earnings. Audinate reported an underlying EBITDA loss of US$2.3 million, and higher operating expenses took some of the shine off the return to revenue growth.

Broker targets still sit well above today’s price

Broker views on Audinate remain mixed after the recent fall.

Morgan Stanley cut its target price to $3 but kept an overweight rating, while UBS reduced its target to $6.10 but remained positive on the stock.

Macquarie has taken a more cautious stance, with a neutral rating and a reduced price target of $3.20.

Even though the lower targets remain well above the current share price, that doesn’t mean the stock is suddenly out of trouble.

Audinate still needs to show that its revenue growth can turn into better earnings.

Then again, it’s not surprising to see some bargain hunting after the stock’s heavy fall this year.

The post This ASX tech stock just jumped 20% after hitting a 52-week low appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras 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 Audinate Group and Macquarie Group. The Motley Fool Australia has positions in and has recommended Audinate Group. 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.