Category: Stock Market

Australia’s property market has shifted.

After years of relentless price growth, the combination of three RBA rate hikes, the federal budget’s negative gearing changes, and stretched affordability is doing what many thought impossible: pushing house prices lower in Australia’s two largest cities.

Commonwealth Bank of Australia’s (ASX: CBA) own economists estimate the budget changes to negative gearing and capital gains tax will make established investment properties less attractive. As a result, house prices are expected to be about 3% lower than they otherwise would have been.

Dwelling price growth is now expected to be just 3% to December 2026, down from an earlier forecast of 5%.

Investors are naturally asking themselves what this means for these three widely held ASX shares.

What falling house prices mean for CBA shares

CBA sits at the centre of the Australian housing market.

It is Australia’s largest mortgage lender, and falling house prices create two distinct risks for shareholders.

First, lower property values reduce the collateral backing existing mortgages, increasing loan-to-value ratios.

Second, three cash rate hikes have subtracted 1.5 percentage points from the banks’ 2026 price growth forecasts. The restriction of negative gearing will also weigh on prices, with CBA estimating this policy change will subtract 0.6 percentage points from annual price growth by the end of this year.

That slowdown will reduce the appetite for new borrowing, which directly impacts CBA’s mortgage volume growth.

In the first half of FY2026, CBA posted statutory net profit of $5.41 billion, confirming the underlying business remains strong.

But at a premium valuation, there is little room for a meaningful deterioration in credit quality.

What falling house prices mean for REA Group Ltd (ASX: REA)

REA Group is Australia’s dominant online property platform, operating realestate.com.au.

Its revenue model depends on property listing volumes and the fees charged to agents and developers.

Falling house prices create a complex picture for REA. A slowing market with more days on market can actually increase listing volumes as vendors spend longer trying to sell.

However, a sustained price decline can dampen vendor confidence, reducing the number of people willing to list at all.

REA Group’s first-half FY2026 result delivered revenue growth of 21% to $912 million, driven by strong listings and yield improvements. That momentum reflects a market that was still functioning actively in the first half.

The second half will test whether REA’s yield-per-listing growth can compensate if vendor confidence softens.

Bell Potter recently downgraded REA Group to sell with a $137 price target, noting the valuation looks stretched relative to a property market losing momentum.

What falling house prices mean for Mirvac Group (ASX: MGR)

For Mirvac, falling house prices present a more nuanced picture.

Mirvac develops new residential properties, not existing ones.

The federal budget’s negative gearing changes actually benefit Mirvac by exempting new builds from restrictions applying to established properties. This has created a direct policy incentive for investors to buy new rather than existing properties.

In Q3 FY2026, Mirvac delivered a 28% year-on-year lift in residential sales, reaffirming its full-year guidance and confirming the new-build demand tailwind is real.

Mirvac shares have still fallen approximately 26% over the past twelve months as the rate hiking cycle weighed on REIT valuations.

Macquarie carries an outperform rating on Mirvac with a price target of $2.70, arguing the residential recovery and build-to-rent growth story may drive earnings higher even in a higher-for-longer rate environment.

Foolish takeaway

Falling house prices are not a disaster for all ASX shares with property exposure.

CBA faces credit quality headwinds if the slowdown deepens.

REA Group must navigate lower vendor confidence against strong yield-per-listing growth.

Mirvac, counterintuitively, may be one of the few property-exposed ASX shares that actually benefits from the policy environment driving the slowdown.

Understanding which side of the falling house prices story each company sits on is the most important question for investors right now.

The post What falling house prices could mean for these widely held ASX shares appeared first on The Motley Fool Australia.

More reading

• What are the big four banks expecting at tomorrow’s RBA cash rate meeting?
• Buying ASX 200 bank stocks like Westpac and CBA shares? Here’s why these funds are betting against you
• 5 ASX shares for a winning retirement portfolio
• Why EOS, Karoon Energy, REA Group, and Woodside shares are falling today
• Why the RBA’s decision next week could be the most important event for ASX shares in 2026

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.

Are you hunting for some ASX dividend shares to add to your income portfolio next week?

If you are, then take a look at the two listed below that brokers rate as buys.

Here’s what they are expecting from them in the near term:

Harvey Norman Holdings Ltd (ASX: HVN)

Bell Potter thinks retail giant Harvey Norman could be an ASX dividend share to buy.

It likes the company due partly to its attractive valuation, international expansion, and real estate portfolio. It explains:

While our preference skews to category specialists with balance sheet strength, we see HVN’s well balanced geographical diversification somewhat offsetting the multi-category risks. Following the sharp sell-off in the name since Oct-25, HVN’s 1-year forward P/E of ~13x (as per BPe) appears attractive considering the new store driven growth in international retailing (UK, Malaysia, Croatia), refit program in Australia and opportunities to grow their real estate portfolio as Australia’s single largest owner in large format retail with a global portfolio of ~$4.6b.

Bell Potter expects fully franked dividends of 29.8 cents per share in FY 2026 and 33.5 cents per share in FY 2027. Based on its current share price of $4.79, this equates to dividend yields of 6.2% and 7%, respectively.

The broker has a buy rating and $6.70 price target on its shares.

Nick Scali Limited (ASX: NCK)

Another ASX dividend share that brokers are bullish on is furniture retailer Nick Scali.

The broker is bullish due to its attractive valuation and positive growth outlook. The latter is being driven partly by its UK store rollout. It said:

We use an FY28 PER and DCF when setting our price target as we opt to look through near-term consumer weakness, with the current price providing an attractive entry point. High-quality retailer with a long track record. Nick Scali has delivered long-term EPS growth through disciplined store rollout, LFL growth, best-in-class margins, and operating leverage.

Strong cash generation and balance sheet. Structural negative working capital supports high cash conversion, while the low capital intensity of new store rollouts leaves ample cash flow for dividends and property purchases and/or growth ventures. Store rollout optionality. Further Plush and Nick Scali rollout in ANZ and the Nick Scali rollout opportunity in the UK provide an attractive growth leg.

Morgans is forecasting fully franked dividends of 71 cents per share in both FY 2026 and FY 2027. Based on its current share price of $15.46, this would mean dividend yields of 4.6%.

The broker put a buy rating and $17.84 price target on its shares last week.

The post Brokers name 2 ASX dividend shares to buy appeared first on The Motley Fool Australia.

More reading

• Why did ASX 200 retail shares outperform last week?
• Brokers name 3 ASX shares to buy right now
• Morgans names 3 ASX shares to buy in June
• Buy, hold, sell: Nick Scali, Nyrada, Wesfarmers shares
• 5 things to watch on the ASX 200 on Friday

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 positions in and has recommended Harvey Norman. The Motley Fool Australia has recommended Nick Scali. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The S&P/ASX 200 Index (ASX: XJO) is only just inside the green for 2026, up 0.8%, but some shares are on a different course.

Here are six stocks that have strong 12-month growth ahead of them, according to market analysts.

CSL Ltd (ASX: CSL)

The CSL share price closed at $107.51 on Friday, up 0.3%.

The ASX 200 healthcare share jumped 9.8% last week while its peers in the S&P/ASX 200 Health Care Index (ASX: XHJ) rose 3.3%.

The CSL share price has cratered over the past two years, but many experts maintain a positive view on the former blue-chip.

There is a consensus moderate buy rating on CSL shares among 18 analysts on the Commsec trading platform today.

UBS renewed its buy rating on CSL shares with a 12-month price target of $158 last week.

This suggests potential capital gains of 47% ahead.

Waratah Minerals Ltd (ASX: WTM)

The Waratah Minerals share price closed out the week at 61 cents, down 1.6% on Friday.

Bell Potter reiterated its speculative buy rating after Waratah Minerals released new assay results last week.

The explorer is conducting an 80,000-metre drill program at its Spur Gold and Copper Project in NSW.

Bell Potter said:

The Spur project is showing strong indications of delivering a gold-copper deposit of substantial scale and grade in a strategic setting.

We see potential for the delineation of a regionally significant gold Resource of 2.5-3.0Moz at competitive gold grades between 0.8-1.0g/t Au.

The broker has an unchanged price target of $1.05, which indicates a potential 73% upside ahead.

Deep Yellow Ltd (ASX: DYL)

The Deep Yellow share price finished Friday’s session at $1.42, up 4%.

Jefferies upgraded this ASX uranium share to a buy rating last week.

The broker has a target of $1.90, which implies 34% upside from here.

Graincorp Ltd (ASX: GNC)

The Graincorp share price closed at $5.18 on Friday, up 1.2%.

Ord Minnett has a buy rating and a $7.25 target on the ASX 200 consumer staples share.

This suggests potential capital growth of 40% ahead.

The broker said:

The FY27 crop is likely to be smaller than FY26, but it is now unlikely to be the disaster it was shaping up to be. In Ord Minnett’s view, this makes the 21% retracement in the GrainCorp share price since 14 May seem like a significant overreaction. 

South32 Ltd (ASX: S32)

The South32 share price closed out the week at $4.52, up 3.4% on Friday.

Citi has reaffirmed its buy rating on this ASX 200 mining share.

Analyst Ephrem Ravi has a price target of $6.10.

This implies a potential 35% upside ahead.

Judo Capital Holdings Ltd (ASX: JDO)

The Judo share price finished Friday’s session at $1.44, up 1.4%.

Morgans renewed its buy call on the ASX bank share with a $2.15 price target.

This implies a potential 50% upside over the next 12 months.

The post 6 ASX shares with 35% to 75% growth ahead of them: experts appeared first on The Motley Fool Australia.

More reading

• Top brokers name 3 ASX shares to buy next week
• Up 15% in a week, is it too late to buy rebounding CSL shares?
• 4 ASX shares upgraded by brokers this week
• Top broker tips 70%+ upside for this ASX materials stock after exceptional results
• The ASX shares I’d pick in a FIFA World Cup first eleven

Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor Bronwyn Allen 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 CSL and Jefferies Financial Group. The Motley Fool Australia has recommended CSL. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

On Friday, the S&P/ASX 200 Index (ASX: XJO) finished the week in style. The benchmark index rose 2% to 8,804 points.

Will the market be able to build on this on Monday? Here are five things to watch:

ASX 200 expected to rise

The Australian share market looks set for a decent start to the week following a solid finish to the last one on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 39 points or 0.45% higher. In the United States, the Dow Jones was up 0.7%, the S&P 500 rose 0.5%, and the Nasdaq climbed 0.3%.

Oil prices tumble

ASX 200 energy shares including Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) will be on watch after oil prices tumbled on Friday night. According to Bloomberg, the WTI crude oil price was down 3.2% to US$84.88 a barrel and the Brent crude oil price was down 3.4% to US$87.33 a barrel. Reports that the US and Iran are on the verge of signing a peace deal could put further pressure on oil prices in Asian trade.

SpaceX takes off

Space Exploration Technologies Corp (NASDAQ: SPCX) had a very successful IPO on Friday. The space, satellite broadband, and AI company’s shares jumped 19% to end at US$160.95. This leaves Elon Musk’s SpaceX with a US$2.1 trillion valuation and makes him the world’s first trillionaire.

Gold price jumps

ASX 200 gold shares including giants Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) could have a great start to the week after the gold price jumped on Friday night. According to CNBC, the gold futures price was up 3% to US$4,238.8 an ounce. Falling oil prices have eased inflation concerns and interest rate hike bets.

Buy SEEK shares

Bell Potter thinks Seek Ltd (ASX: SEK) shares are still good value despite cutting its valuation this morning. According to the note, the broker has retained its buy rating with a reduced price target of $18.60 (from $23.60). It said: “We maintain our Buy; SEK is our preferred rate-sensitive classifieds exposure looking through to a dovish RBA tilt, given the diversification in CAR and policy-impacted earnings outlook for REA. Our Target Price is reduced to $18.60sh through earnings changes and an increase in our WACC to 10.3% (prev. 10.2%), a reduction our Growth Fund valuation via Coursera and an increase in Fund discount rate to 30% (prev. 20%) on visibility in PortCo operating performance in an AI-enabled environment. SEK’s underlying proprietary data (~750m points per day) partially consists of traffic meta data which is unable to be scraped by third parties, is valuable for targeted job placements, should support yield through soft volume environments.”

The post 5 things to watch on the ASX 200 on Monday appeared first on The Motley Fool Australia.

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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 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.

Tomorrow the Reserve Bank of Australia will make its call on the cash rate, which currently sits at 4.35%. 

The RBA has raised the cash rate three times already in 2026. 

Why is the cash rate influential for ASX shares?

For the average punter, the cash rate target affects how much Australians pay to borrow money and how much they earn on savings. 

When the cash rate goes up, mortgage repayments and loan costs usually increase, while savings accounts often pay more interest.

When the cash rate goes down, borrowing becomes cheaper, which can boost spending and help support the economy.

The RBA cash rate can also significantly influence share prices on the S&P/ASX 200 Index (ASX: XJO) and the broader Australian share market.

When rates rise, borrowing becomes more expensive for companies and consumers, which can reduce profits and spending. This often puts downward pressure on share prices, especially for growth companies.

When rates fall, businesses and households can borrow more cheaply, which may boost profits and economic activity. Investors may also move money from low-yield savings accounts into shares, supporting stock prices.

While it’s not always the case, generally, higher rates tend to be a headwind for shares, while lower rates are generally supportive of the share market.

What are the big four banks expecting tomorrow?

Experts and economists are expecting tomorrow’s RBA meeting to result in a hold of the cash rate. 

This is supported by the big four banks, who also expect a rate hold this month. 

Taylor Nugent, senior economist at NAB, said (via Reuters) that the chance ​of a move at the June meeting is very low. 

He commented:

The RBA has now recalibrated policy and we’re seeing evidence it was enough to get on top of domestically driven inflation pressures. That means the RBA can ​sit and hold from here while it assesses risks to inflation and growth coming out of the conflict in ​the Middle East.

According to Canstar, there are differing opinions on the long-term outlook from the big four banks. 

Westpac believes there will be further hikes to come in the back half of 2026, while the other major banks expect the next change to be cuts in 2027. 

What does a hold mean for ASX bank shares?

It has been a tough year so far for ASX bank shares. 

At the time of writing, year to date: 

• Commonwealth Bank Of Australia (ASX: CBA) shares are down 1%
• National Australia Bank (ASX: NAB) is down nearly 14%
• Westpac Banking Corporation (ASX: WBC) is down 10%
• ANZ Group (ASX: ANZ) shares have fallen 6%. 

At current valuations, bank shares are viewed as already trading at a premium.

However, a hold decision (on the cash rate) could provide some optimism that the worst is over. 

The RBA’s commentary around this decision is likely more important than the decision itself. 

A hold with a dovish outlook (hinting at future cuts) will likely support the broader market. 

However a hold with a hawkish outlook (tipping further hikes) could put more downward pressure on bank shares. 

The post What are the big four banks expecting at tomorrow’s RBA cash rate meeting? appeared first on The Motley Fool Australia.

More reading

• Top brokers name 3 ASX shares to buy next week
• Buying ASX 200 bank stocks like Westpac and CBA shares? Here’s why these funds are betting against you
• How many NAB shares do I need to buy for $10,000 of passive income?
• Here’s what Westpac says the RBA will do with interest rates next week
• 5 ASX shares for a winning retirement portfolio

Motley Fool contributor Aaron Bell has positions in National Australia Bank. 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.

The ASX dividend stock GQG Partners Inc (ASX: GQG) has seen its share price sink approximately 50% since July 2024, as shown in the chart below. This low valuation makes me think it’s a great time to invest.

GQG is a fund manager that provides clients with exposure to four key strategies: international shares (excluding US shares), emerging markets, global shares, and US shares.

Funds management businesses can be very volatile because their profits (and, subsequently, share prices) are closely linked to movements in the overall share market, which in turn influences funds under management (FUM).

Let’s take a look at why I think this could be a compelling time to look at the ASX dividend stock.

Excellent ASX dividend stock credentials

I’m not expecting the business to grow its dividend every year, particularly this year. But, pleasingly, it did increase its dividend each year between 2022 and 2025. Ongoing growth of FUM will be essential for noticeable dividend growth in the future.

Even so, its current quarterly dividend is so large that I think this makes it very attractive.

The ASX dividend stock’s latest quarterly dividend, which will be paid later this month, is AU 4.878 cents per share. That quarterly dividend by itself is a 3.27% dividend yield, at the time of writing. Annualised, that dividend yield is 13% if it repeats that payout over the next year.

The business is paying around 90% of its distributable profit to shareholders each quarter. That means investors are being rewarded with most of the profit, but a little is still kept to strengthen the company for the future.

Any business with a double-digit yield could be very compelling for passive income.

Why this is a good time to invest in GQG shares

I think that funds management businesses are notoriously cyclical, so it could be an effective choice to be contrarian.

GQG has seen FUM outflows in recent times, but these appear to be reducing, and if its fund performance returns to prior strength, this could protect existing FUM and help attract new FUM.

The ASX dividend stock now seems to be trading at a very cheap valuation. At the time of writing, it appears to be trading at less than 7x its current annualised distributable profit.

Even if there are ongoing FUM outflows, longer-term investment performance could help grow FUM, profit, and the dividend. If FUM outflows stabilise, then it could look significantly undervalued, in my opinion.

But, GQG isn’t the only ASX dividend stock that looks attractive to buy right now.

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

More reading

• 8 ASX 200 shares with renewed buy ratings this week
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• Here are the top 10 ASX 200 shares today
• Here are the top 10 ASX 200 shares today

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 recommended Gqg Partners. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Major ASX blue-chip shares can be a great source of passive income thanks to their dividend yields, including the franking credits.

Dividend yields can be very compelling through a mixture of having a high dividend payout ratio and a relatively low valuation.

Let’s look at two appealing ASX blue-chip shares with attractive dividend yields.

Origin Energy Ltd (ASX: ORG)

Origin describes itself as one of Australia’s leading energy retailers, supplying electricity, natural gas, LPG and solar.

It also has a variety of ways to generate power, including coal, natural gas, wind and solar. On top of that, Origin is a gas producer and explorer. Origin also owns a stake in utility software business Kraken and European energy supplier Octopus Energy.

The business trades on a relatively low price/earnings (P/E) ratio following a drop of more than 10% since the 2026 high in April. According to the projection on Commsec, the business is trading at less than 15x FY26’s estimated earnings.

Thankfully, with the ASX blue chip-share’s forecast dividend for FY26 and FY27, the dividends could be large. But, it’s important to remember that energy prices can be volatile sometimes.

The forecast on Commsec suggests the business could pay an annual dividend per share of 60 cents in FY26 and 70.5 cents per share in FY27.

That means the grossed-up dividend yield could be 7.7% in FY26 and 9% in FY27, including franking credits, at the time of writing.

WAM Income Maximiser Ltd (ASX: WMX)

This is a relatively new listed investment company (LIC) that invests in a mixture of ASX blue-chip shares and bonds (debt, with the LIC’s exposure having attractive credit ratings on average).

On the equity side of the portfolio, some of its portfolio positions at the end of May included BHP Group Ltd (ASX: BHP), Goodman Group (ASX: GMG), JB Hi-Fi Ltd (ASX: JBH), Rio Tinto Ltd (ASX: RIO) and Transurban Group (ASX: TCL).

By mixing shares and debt, it can provide investors with a solid mixture of stability and yield. As a bonus, it pays a dividend every single month, giving investors very consistent income.

It has guided that its monthly dividend in September 2026 will be 0.65 cents per share. That translates into an annualised grossed-up dividend yield of 6.8%, including franking credits, at the time of writing.

I’m not sure how strong the portfolio’s future returns will be, but it has started with a strong year or so of performance from its portfolio that’s focused on ASX blue-chip shares.

These aren’t the only shares I’d buy for dividend income, though.

The post 2 ASX blue-chip shares offering big dividend yields appeared first on The Motley Fool Australia.

More reading

• 3 compelling reasons to buy Origin Energy shares today
• Buy, hold, sell: Origin Energy, Megaport, NAB shares
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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 Goodman Group and Transurban Group. The Motley Fool Australia has positions in and has recommended Transurban Group. The Motley Fool Australia has recommended BHP Group and Goodman Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

I always have an eye out for ASX dividend stocks which pay reliable passive income to their shareholders.

Sometimes I like to investigate the ASX stocks which pay the most regular dividend. Other times, it’s the ones which pay the highest dividend yield, or have paid out over the longest period of time.

But what about the ASX stocks which have a history of doing all three?

Here are two ASX stocks which have continually raised their regular dividend payment over the past decade (or more).

Washington H. Soul Pattinson and Company Ltd (ASX: SOL)

Soul Patts is widely regarded as Australian dividend royalty.

The diversified Australian investment house paid dividends to its shareholders every year since it listed on the ASX in 1903. 

What’s more, the ASX stock has raised that dividend payment every single year since 1998. That’s 28 years of continually raising dividend payments.

Soul Patts historically pays its fully-franked dividends twice per year in May and a final dividend in December. It occasionally also pays shareholders an additional special dividend.

In FY25, the company paid a total of $1.03 per share, fully franked. 

For the first half of FY26, Soul Patts paid a fully-franked interim dividend of 48 cents per share which was a 9.1% increase on the prior corresponding period. 

Based on its last two payouts, the ASX stock has a grossed-up dividend yield of around 2.5%, including franking credits, at the time of writing.

Charter Hall Group (ASX: CHC)

Charter Hall has been paying shareholders a partially or fully-franking dividend payment twice per year since 2006. This payment has been raised every year since 2010.

That’s a 16-year run of continually raising its dividend payment for investors.

In FY25, the property investment and funds management business paid its shareholders a total of 48 cents per share, up from 45 cents per share in FY24, partially franked.

The ASX stock paid an interim dividend of 24.8 cents for the forest half of FY26 and it forecast to pay a total dividend of around 50 cents for the full financial year. That translates to a forward dividend yield of around 2.3% at the time of writing.

The business has been attracting strong capital inflows and recently upgraded earnings guidance, which supports future distribution growth.

In a guidance update last month, Charter Hall said it anticipates ongoing demand for commercial property, driven by rising institutional allocations, attractive yields, and recent changes to residential property tax rules. This is great news for its shareholders. 

The post 2 ASX stocks that have continually raised dividends for 10+ years appeared first on The Motley Fool Australia.

More reading

• 2 ASX shares I’d buy in June
• How to invest $7,500 for passive income in superannuation?
• How much is needed in superannuation to target a $9,000 monthly passive income?
• 4 ASX 200 shares tipped to rise 30% or more in the year ahead
• 3 ASX dividend shares raising dividends like clockwork

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 Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has positions in and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

It was a busy week for Australia’s top brokers. This has led to a number of broker notes being released.

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:

ANZ Group Holdings Ltd (ASX: ANZ)

According to a note out of Citi, its analysts have retained their buy rating on this banking giant’s shares with a reduced price target of $39.25. The broker has been looking closer at potential impacts from proposed housing tax changes. Citi suspects that the changes could be a negative for the big four banks by slowing credit growth. As a result, it has adjusted its estimates to reflect this. The good news is that Citi believes mortgage growth will moderate more than business lending growth, which leaves ANZ, with its strong business franchise, better positioned to handle the slowdown. In light of this, the broker has named ANZ as its preferred major bank at present. The ANZ share price ended the week at $34.17.

CSL Ltd (ASX: CSL)

A note out of UBS reveals that its analysts have retained their buy rating on this biotechnology giant’s shares with a trimmed price target of $158.00. UBS is feeling more positive on the company’s outlook, believing that this year could mark the low point for CSL’s earnings. It highlights that cost savings from the company’s transformation program and lower plasma costs following a shift in collections could support its earnings growth in FY 2027. So, with the CSL share price trading at a discount to peer multiples, UBS thinks now could be a good time for investors to buy shares. The CSL share price was fetching $107.51 at Friday’s close.

WiseTech Global Ltd (ASX: WTC)

Analysts at Bell Potter have retained their buy rating on this logistics software company’s shares with a trimmed price target of $71.75. According to the note, the broker believes that WiseTech could be having a bit of difficulty moving some of its large customers over to the new CargoWise Value Packs this financial year. In light of this, Bell Potter has reduced its CargoWise revenue forecasts in the short to medium term. However, the broker remains positive and highlights that its price target is a significant premium to the current share price. It also believes the lack of progress with CargoWise Value Packs is already reflected in the share price as well as the risk of a revenue result at the low end of guidance. The WiseTech Global share price ended the week at $37.50.

The post Top brokers name 3 ASX shares to buy next week appeared first on The Motley Fool Australia.

More reading

• Buying ASX 200 bank stocks like Westpac and CBA shares? Here’s why these funds are betting against you
• Brokers name 3 ASX shares to buy right now
• Up 15% in a week, is it too late to buy rebounding CSL shares?
• 3 buy-rated ASX growth shares tipped to rise 30%+
• The ASX shares I’d pick in a FIFA World Cup first eleven

Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor James Mickleboro has positions in CSL and WiseTech Global. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL and WiseTech Global. The Motley Fool Australia has positions in and has recommended WiseTech Global. The Motley Fool Australia has recommended CSL. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

When sharemarkets look choppy, many investors turn to Oracle of Omaha Warren Buffett for investment advice.

After all, Warren Buffett spent more than 60 years navigating crashes, recessions, and market volatility to become one of the richest people in the world. 

His investing wisdom boils down a few key philosophies: rational decision-making, patience to hold stock long-term, and picking high-quality businesses.

With that in mind, there are three ASX stocks which I think look like they align with Warren Buffett’s investment strategy.

Transburban Group Ltd (ASX: TCL)

One of the key qualities that Warren Buffett looks for when making an investment is a competitive advantage that protects the company’s long-term market share and profitability.

A great example of this is global infrastructure business Transurban. The company builds and operates major urban toll road networks, tunnels, and bridges and operates 22 assets across Australia, the US, and Canada.

Transurban benefits from a defensive quality because its services are essential. Even in the event of a downturn, people still need to travel to work or transport goods and services. Transurban’s toll roads typically have stable traffic volumes year-round, which means the business enjoys resilient cash flow regardless of economic conditions. 

Another bonus is that most of its toll roads are on an annual contract. This means Transurban is able to increase its toll prices each year in line with rising inflation. 

Wesfarmers Ltd (ASX: WES)

Warren Buffett famously prefers businesses with a strong history, trusted management, reliable long-term profit growth. 

Wesfarmers embodies all three of these things. The company is well-established and financially sound with a history of reliable growth and stability. 

It also owns major brands across several different industries, including Kmart, Bunnings and Priceline and continually focuses on expanding its markets, product categories and digital capabilities to drive long-term growth. 

It’s this stability and consistent long-term net profit growth that make Wesfarmers stand out amongst other ASX blue-chip stocks.  

Xero Ltd (ASX: XRO)

Xero doesn’t offer the long-standing history or defensive nature of Wesfarmers or Transurban, but I think its sticky business model and recurring subscription revenue is something Warren Buffett would approve of.

The nature of the business means its customers are likely to keep paying for its services and products over a long time. And that translates to a reliable long-term revenue stream.

At the same time, the ASX tech stock still has a relatively small market position, suggesting there is potential to unlock significant growth. 

The company is actively expanding its product suites, such as payroll and workflow automation, and also its global presence in the UK and the US.

The post 3 ASX stocks that look like classic Warren Buffett investments appeared first on The Motley Fool Australia.

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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 Transurban Group, Wesfarmers, and Xero. The Motley Fool Australia has positions in and has recommended Transurban Group and Xero. 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.