Category: Stock Market

If you are hunting for ASX dividend shares to buy, then it could be worth turning your attention to Rural Funds Group (ASX: RFF) shares.

That’s because it has been named as a top buy by the team at Bell Potter, which is expecting some attractive dividend yields over the next few years.

What is the broker recommending?

Bell Potter is recommending Rural Funds, which is an agricultural property company with a portfolio focused on almond orchards, vineyards, cattle, cotton and macadamias.

It notes that the company’s assets are some of the most productive in the industry and leased to high quality tenants. This includes Treasury Wine Estates Ltd (ASX: TWE), Olam, JBS, and Select Harvests Ltd (ASX: SHV).

Bell Potter notes that agricultural land values have been increasing across certain areas, which bodes well for Rural Funds. It said:

In recent weeks we have seen both ABARE and Bendigo Bank release their assessment of agricultural land values through CY25, with both indicating modest YoY gains in transaction values. Land values: ABARES report highlighted a +9% YoY uplift in livestock properties, a +15% YoY uplift in cropping values and a -1% YoY contraction in orchard land values (on a per Ha basis). The Bendigo bank agricultural land values report highlighted +3% YoY growth in Australia wide values (+6% HoH), with largest gains in QLD (+6% YoY) and NSW (+4% YoY) of particular interest.

It also highlights that counterparty commodities remain favourable, adding:

Tree nut pricing has remained firm in USD terms, but facing the headwind of a higher AUDUSD. Opening pool macadamia prices (the direct commodity exposure of RFF) are broadly consistent with 2025 at A$4.25/kg. Cattle prices have bounced back following a period of softness and continuing to demonstrate YoY gains.

Should you buy this ASX dividend share?

According to the note, Bell Potter has retained its buy rating and $2.50 price target on Rural Funds’ shares.

Based on its current share price of $1.98, this implies potential upside of 26% for investors over the next 12 months.

As for income, the broker expects dividends per share of 11.7 cents in FY 2026, FY 2027, and FY 2028. If this proves accurate, it will mean dividend yields of 5.9% each year through to 2028.

Commenting on its recommendation, Bell Potter said:

Buy rating unchanged. An acceleration in interest rates creates a headwind into FY27-28e, which for the most part is mitigated by the expanded J&F guarantee. Should RFF continue to execute on exiting or leasing the 31% of the portfolio unleased then we would expect the share price to bridge the gap to adjusted market NAV (NAV less capitalised costs which we estimate at $2.50-2.55ps).

The post Is this one of the best ASX dividend shares to buy now offering a 5.9% yield? appeared first on The Motley Fool Australia.

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

June 2016 was not a great time to be investing.

China’s economy was slowing.

Iron ore had crashed from above US$100 per tonne to below US$50 per tonne.

BHP Group Ltd (ASX: BHP) had just cut its dividend for the first time in 16 years, shocking income investors who had relied on the payout for years. The mood around BHP shares was deeply negative.

And yet, for investors who held their nerve and put $10,000 into BHP shares at that moment, the outcome has been extraordinary.

The numbers

In June 2016, BHP shares were trading at approximately $16 on the ASX.

A $10,000 investment at that price would have bought approximately 625 shares.

Today, BHP shares trade at approximately $60. On capital appreciation alone, those 625 shares are now worth approximately $37,500.

That is a capital gain of approximately 275% over ten years. But for BHP shareholders, the capital gain is only half the story.

The dividend contribution

BHP is one of the most reliable dividend payers on the ASX and has historically distributed 50% to 75% of underlying attributable profit as a fully-franked dividend twice per year.

Over the past ten years, BHP has paid total dividends of approximately A$24 per share. This includes the record payouts that accompanied the commodity super cycle of 2021 and 2022.

On 625 shares, that translates to approximately $15,000 in cumulative dividends received over the decade.

Adding that to the capital value of $37,500 gives a total portfolio value of approximately $52,500.

That is more than five times the original $10,000 investment over ten years, equivalent to a total return of approximately 425%.

For context, a $10,000 term deposit earning 2% per annum over the same period would have grown to only $12,190.

The difference between those two outcomes is the difference between a comfortable retirement and a modest one.

Why the returns were so strong for BHP shares

Three distinct phases drove BHP’s ten-year return.

The first was the recovery from the commodity crash of 2015 to 2016. The iron ore price rebounded from below US$40 to above US$100 per tonne and the share price more than doubled.

The second was the commodity super cycle of 2021 and 2022, when iron ore briefly exceeded US$220 per tonne and BHP paid record dividends that alone returned nearly half the original investment.

The third is the current phase, driven by copper earnings exceeding iron ore for the first time in BHP’s 136-year history. This comes as the copper price surged above US$13,000 per tonne on AI data centre and electric vehicle demand.

Each phase was driven by different forces. And all three rewarded patient long-term holders.

What $10,000 invested in BHP shares today might be worth in 2036

Nobody can predict exactly what BHP shares will return over the next decade.

What we can say with confidence is that BHP plans to grow copper-equivalent production at 3% to 4% per year through 2035.

This will add to one of the world’s most valuable copper portfolios when AI data centres, electric vehicles, and grid infrastructure are creating the most sustained demand surge for copper in history.

If BHP delivers even half the total return over the next decade that it delivered over the past decade, $10,000 invested today would be worth approximately $30,000 by 2036.

Foolish Takeaway

The lesson from BHP’s ten-year return is that patient, long-term ownership of quality businesses through commodity crashes, dividend cuts, and market panics is one of the most reliable paths to building wealth available to Australian investors.

The investors who sold BHP shares in June 2016 when the mood was darkest missed one of the great investment returns of the decade.

The post If you invested $10,000 in BHP shares 10 years ago, here is what they would be worth today 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 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 upcoming SpaceX IPO has been generating plenty of coverage over the last month. 

After years of speculation about an initial public offering (IPO), SpaceX shares are expected to start trading on the Nasdaq stock exchange on June 12. 

This announcement has been impacting markets already, with Betashares announcing the very first ASX listed Space themed ETF last month. 

The BetaShares Space Industry ETF (ASX: RCKT) took off with a bang, rising 30% in its first two weeks of trading, before coming back down to earth quickly. 

You can read more about the Betashares fund here. 

Now, the team at Global X has announced its own space themed ASX ETF which will trade under the name: Global X Space Tech ETF (ASX: MOON). 

Fund overview 

According to the ETF provider, The Global X Space Tech ETF (ASX: MOON) gives investors exposure to companies across this ecosystem, including:

• Rocket launch and reusable systems
• Satellite infrastructure and components
• Communication, data, and geospatial services
• Space exploration and emerging applications

Importantly, companies must generate at least 50% of their revenue from space-related activities, meaning space is core to their business, not just a side project.

According to Global X, space is shifting from exploration to commercialisation.

As costs fall and infrastructure scales, it has the potential to become a foundational layer of the global economy, much like the internet did over the past few decades.

The Global X Space Tech ETF offers:

• Exposure to companies across the space value chain
• A mix of established players and emerging innovators
• A way to invest in the broader ecosystem, rather than picking individual stocks. 

At the time of writing, no official launch date has been announced for the new space themed ASX ETF. 

Why satellites matter 

According to the Global X report, more than half of today’s space economy is tied to satellites. The industry is shifting from single satellites to large networks (often called constellations) in Low Earth Orbit, the region of space closest to Earth.

These satellite networks support everyday services such as:

• Broadband internet (e.g. satellite internet services)
• GPS navigation in your phone
• Weather forecasting
• Logistics and supply chain tracking
• Secure communications for governments and defence. 

As these networks grow, business models are shifting from one-off sales to recurring revenue services. For example, satellite broadband alone could grow from about US$22 billion in 2025 to US$100 billion by 2035.

Looking ahead 

Global X believes as space becomes more important for national security, this spending is expected to remain strong.

By 2034, the global space market could surpass US$1 trillion in annual revenues. Key growth areas including launch services, connectivity, and data are expected to grow faster than the overall market.

Government demand also plays a major role. Global government space spending reached US$137 billion in 2025, while defence-related spending accounted for US$73 billion.

The post Global X announces new Space focused ASX ETF appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Bell 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.

The next move in official interest rates will be down, experts at National Australia Bank Ltd (ASX: NAB) say, following a weakening of economic data in recent months.

The Reserve Bank of Australia (RBA) has hiked interest rates three times this year, most recently in May, with the official cash rate now sitting at 4.35%.

Weak economic data make an interest rate cut more likely

NAB Chief Economist Dr Sally Auld said the pendulum had now swung from a tightening bias, with recent data suggesting the economy had lost momentum.

Dr Auld explained:

The next move in the cash rate is likely to be down, but the timing is uncertain. In February, growth was above trend, the economy was operating above capacity and there was uncertainty over the restrictiveness of rates. None of these conditions exist today. Both Q1 GDP data and the NAB business survey suggest momentum in the economy has slowed, meaning that growth has likely peaked for the cycle. That said, we are cognisant there is still considerable uncertainty around the outlook, both with respect to activity and inflation.

NAB’s RBA Watch report, released this week, said the bank’s economics team was still expecting inflation to remain higher than the RBA’s target range through to mid 2027.

The report said:

This outlook is not dissimilar to that of the RBA, as outlined in last month’s Statement on Monetary Policy and is likely to keep the RBA watchful around pass through from higher input costs to final prices. We have been worried about a broad and rapid dissemination of inflationary pressures, but the recent slowing in momentum in the economy may short-circuit this dynamic somewhat. If so, margins will compress and weaker labour market outcomes are a risk.

On the employment front, the report said the labour market was close to being balanced, “but the unemployment rate continues to gradually trend higher and we see the unemployment rate as more likely to rise than fall in coming quarters”.

House prices to fall

Dr Auld said the economic slowdown was likely to weigh on housing and activity.

She added:

Tighter financial conditions will be reflected in a slowing in house price growth and housing credit growth.

NAB is forecasting that capital city house prices will on average fall by 2% over 2026.

The report said that the first quarter national accounts shows that the economy had lost some momentum, “as underlying household spending growth is now annualising closer to 1.5%, business investment is weak outside of data centres and dwelling investment continues to grow but not as strongly as demand would imply”.

The post The next RBA interest rates move will be down, NAB says appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

ASX gold stocks were generating plenty of buzz into the early part of 2026. 

Global conflict pushed investor sentiment firmly towards defensive and safe-haven assets. 

However despite history telling us this would continue, many ASX gold stocks have since tumbled. 

Many investors were likely left scratching their heads of where to turn next amidst an extended period of volatility. 

One ASX gold stock that has ignored the noise and powered ahead this year has been Forrestania Resources Ltd (ASX: FRS). 

Company overview and acquisition news

Forrestania Resources Ltd. operates as a mineral exploration and development company focused on gold, lithium and nickel discoveries. Its projects include Forrestania Gold, Lithium and Nickel, Southern Cross Gold and Leonora Gold.

In the last 12 months, its share price has risen more than 600%, which includes an impressive 53% in 2026 alone. 

It was making headlines yesterday after it tabled a takeover offer to Zenith Minerals Ltd (ASX: ZNC). 

In summary, Forrestania Resources has agreed to acquire 100% of Zenith Minerals through a recommended takeover using shares rather than cash. 

Zenith’s key asset is the Consolidated Dulcie Gold Project in Western Australia, which contains an estimated 0.7 million ounces of gold and is located within FRS’s existing Southern Cross Hub area.

By adding the new project, FRS will increase its total gold resource base from approximately 1.0 million ounces to 1.7 million ounces.

The takeover values Zenith at approximately A$81 million, compared with its current market capitalisation of about A$63 million, representing a premium of roughly 29%. 

Overall, the acquisition strengthens FRS’s gold portfolio and expands its resource base with a project that fits well alongside its existing assets.

What is Bell Potter’s view?

Following this announcement, the team at Bell Potter provided updated guidance on this ASX gold stock. 

The broker views the acquisition as highly strategic because it gives FRS control of an important land package within its Southern Cross Hub, alongside several of its existing gold deposits. 

The Dulcie Gold Project is close to FRS’s Lake Johnston processing plant and also within trucking distance of Ramelius Resources (ASX: RMS) Edna May plant, providing potential future processing options.

The addition of 0.7Moz represents a material uplift to the resource base that strengthens FRS’ development pathway and mine life visibility. The Transaction is consistent with FRS’ established M&A playbook of disciplined, value-accretive regional consolidation.

The broker subsequently lowered its price target to $1.15 (previously $1.25) and maintained its speculative buy recommendation. 

Despite the slight downgrade, the broker’s price target still indicates 127% upside from current levels. 

The post This ASX gold stock is expected to double in the next year appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Bell 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.

TechnologyOne Ltd (ASX: TNE) shares could be approaching full value now.

That’s the view of analysts at Bell Potter, who have downgraded the ASX 200 tech stock this morning.

What is the broker saying?

Bell Potter highlights that the market is warming up to software-as-a-service (SaaS) shares following a rough period. This has been driven by the release of results from SaaS companies that supported the view that AI could be a tailwind rather than a headwind for some tech stocks.

As a result, the broker has lifted the target multiples that it uses in its valuation model. This has led to Bell Potter lifting its valuation of the ASX 200 tech stock. It commented:

We have increased the multiples we apply in our PE ratio and EV/EBITDA valuations from 52.5x and 30x to 57.5x and 32.5x given the market view on SaaS companies appears to have recently turned more favourable following, in particular, the Atlassian and Salesforce quarterly results which were both strong and exhibited more tailwinds than headwinds from AI.

We also see little risk to our FY26 forecasts for Technology One following the solid H1 result and, if anything, see upside risk to our ARR forecast but not so much the PBT forecast. We do not, however, change the WACC we apply in our DCF of 8.3% given we already consider this quite low. The net result is a 6% increase in our TP to $34.25.

ASX 200 tech stock downgraded to hold

According to the note, despite the increase in its price target, Bell Potter thinks TechnologyOne shares have limited upside following a strong rebound.

This morning, the broker has downgraded the enterprise software provider’s shares to a hold rating (from buy) with a $34.25 price target (from $32.25).

Based on its current share price of $32.56, this implies potential upside of 5.2% over the next 12 months.

Commenting on the downgrade, Bell Potter said:

Our updated TP of $34.25 is <15% premium to the share price so we downgrade our recommendation to HOLD. We now see the stock as reasonable value on FY26 and FY27 PE ratios of 66x and 55x respectively. We do see Technology One as one of if not the best quality large cap SaaS company on the ASX but we note it is already trading at almost double the FY26 and FY27 PE ratios of WiseTech (ASX:WTC) on 35x and 28x.

We also see a lack of catalysts for Technology One in the near term as the company does not tend to announce individual contract wins – though some are posted on the website – and we do not expect any change in the FY26 guidance. The next potential catalyst therefore is not until the release of the FY26 result in November when, as said, we see some chance of a beat in the ARR guidance.

The post Guess which ASX 200 tech stock just got hit with a broker downgrade appeared first on The Motley Fool Australia.

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

S&P/ASX 200 Index (ASX: XJO) shares closed 0.24% lower at 8,604.2 points on Tuesday.

Let’s check out 3 ASX 200 shares with new ratings from analysts on The Bull this week.

Resmed CDI (ASX: RMD)

The Resmed share price finished 1.3% higher at $28 yesterday.

Mark Gardner from MPC Markets has a hold rating on this ASX 200 healthcare share.

Gardner explained his view: 

ResMed remains a high quality respiratory care business. Concerns about the impact of GLP-1 weight loss drugs have weighed on sentiment, although recent analysis suggests the big undiagnosed sleep apnoea market still provides a long runway for device demand.

The company continues to benefit from a strong mask and device portfolio, but investors were disappointed management left its fiscal year 2026 outlook unchanged after a solid third quarter result.

Our hold recommendation balances the quality of the franchise against near term uncertainty around margins, competition and investor expectations.

Goodman Group (ASX: GMG)

The Goodman share price closed 0.32% higher at $31.20 on Tuesday.

Tony Locantro from Alto Capital has a sell rating on the ASX 200’s biggest real estate share by market capitalisation.

Locantro says Goodman is seeking to capitalise on artificial intelligence (AI) while maintaining large exposure to logistics infrastructure. 

Data centres represent about 73% of the company’s pipeline, and total work in progress is expected to reach about $18 billion this month.

Locantro discussed his sell rating on Goodman shares:

While the long term outlook for digital infrastructure remains highly attractive, investor enthusiasm surrounding AI and data centres has driven a substantial re-rating in the share price.

With significant growth expectations already reflected in the valuation, future returns may become increasingly dependent on flawless execution of large scale projects.

Given the strong share price performance and elevated market expectations, the risk-reward balance supports taking profits at current levels, in our view.

Westpac Banking Corp (ASX: WBC)

The Westpac share price finished 0.29% lower at $34.71 yesterday.

Damien Nguyen from Morgans has a sell rating on this ASX 200 bank share.

Nguyen said: 

Revenue growth appears constrained by a competitive mortgage market and subdued business lending conditions.

The bank has made meaningful progress on its strategic simplification agenda, shedding non-core businesses and improving its risk and compliance foundations.

The pathway to sustainable outperformance remains unclear. In our view, the recent share price doesn’t offer a sufficient margin of safety in a challenging banking environment.

We see the risk–reward equation as unfavourable at recent levels.

The post Buy, hold, sell: Resmed, Goodman Group, Westpac shares appeared first on The Motley Fool Australia.

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

The positive news keeps rolling in for ASX materials stock Minerals 260 Ltd (ASX: MI6).

This Perth-based exploration and development company has hit several big milestones recently which has catapulted its share price higher. 

Yesterday, it was announced that the materials stock is being added to the S&P/ASX 200 Index (ASX: XJO) at the next quarterly rebalance. 

This comes after an impressive 78% rise year to date and 440% rise over the last 12 months. 

The company also released an important ASX announcement yesterday. 

Drilling at Bullabulling continues to support resource growth

Yesterday, the ASX materials stock announced further results from ongoing drilling at its 100% owned 4.5Moz Bullabulling Gold Project, located 25km west of Coolgardie in Western Australia. 

The latest program across the Bacchus, Phoenix, Dicksons, and Kraken deposits continues to:

• Confirm the continuity of mineralisation within the 4.5Moz Mineral Resource Estimate (MRE) and extensions of mineralisation beyond the MRE boundaries
• Support the conversion of Inferred Resources to Indicated classification
• Improve the understanding of structural controls of mineralisation and support the potential identification for higher-grade trends within and outside the MRE.

What does this all mean?

The recent commencement of a 26,000m grade control program (10m x 10m spacing) represents another important step towards production readiness, focusing on areas scheduled for mining in the first two years of production and further advancing understanding of the orebody. 

The maiden Ore Reserve and Pre-Feasibility Study (PFS) remain on track for release in July 2026, with an updated Mineral Resource Estimate scheduled for August 2026.

The bottom line for investors is that the latest drilling continues to support both resource growth and resource upgrades, while the commencement of grade-control drilling suggests the project is progressing toward development and potential production. 

The upcoming PFS and Ore Reserve will be important catalysts for investors.

What is Bell Potter’s updated view?

Following this announcement, the team at Bell Potter updated its outlook on this ASX materials stock. 

The broker said these results continue to confirm the continuity and grade of mineralisation at Bullabulling. 

It has also demonstrated key deposits remain open at depth and along strike, with high-grade hits below the existing pit-shells and along the more recently identified footwall shear zones which are emerging as strong high-grade targets.

Following the release, Bell Potter maintained its speculative buy recommendation and $1.350 price target. 

From yesterday’s closing price of approximately 77 cents per share, this indicates an upside potential of 74%. 

Signalling a production focussed mindset, MI6 recently commenced a 26,000m grade control program. This has kicked off on areas scheduled for mining in the first two years of production. 

This is a material de-risking step being undertaken well in advance of traditional development timelines – i.e. before the PFS has even been released. We see this as a unique opportunity for MI6 to develop a granular understanding of orebody controls that may further improve what is already sectorleading exploration efficiency.

The post This ASX materials stock has 74% upside according to Bell Potter appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Bell has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

ASX gold stocks generally have had a turbulent start to 2026. 

Gold miners have faced several strong headwinds over the past six months, including a significant increase in mining costs and a weaker ASX gold sector after a strong run late last year. 

Fluctuating sentiment has led many investors to sell their gold assets and rotate into larger, more stable ASX stocks. 

Resolute Mining Ltd (ASX: RSG) is one ASX gold mining company that has struggled under recent pressures. Its share price has swung wildly throughout the first half of 2026, ranging from 55 cents to $1.68 per share.

At the close of the ASX on Tuesday afternoon, Resolute Mining shares fell another 5.29% to a six-month low of $1.08 a piece. The ASX gold stock is also now 13.31% lower year to date.

What about if I’d invested $5,000 in Resolute Mining shares 12 months ago? What would it be worth today?

The good news is that the ASX 200 gold stock has rallied off the back of stronger gold prices over the past year. 

Even after this year’s share price volatility, the ASX mining stock is still trading significantly higher than it was 12 months ago.

At the time of writing, the shares are up 88.6%. Which means a $5,000 investment just 12 months ago is already worth $9,430.

In fact, if a savvy investor managed to snap up the shares in the dip in mid-February last year, when the stock was just 35 cents per share, they’d be sitting on a huge increase today. That 207.14% increase means a $5,000 investment at the right time would be worth $15,357 today. 

What’s next for the ASX gold stock? Can it start climbing higher again?

Resolute Mining shares are closely tied to the fluctuating price of gold. Gold prices came off the boil in March this year after conflict in the Middle East saw investors turn their back on the once-considered safe-haven assets.

Trading Economics data shows the gold price has strengthened to around $4,300 per ounce this week. But this is still one of the lowest price levels seen so far in 2026.

The latest increase is supported by growing optimism around an imminent peace agreement between the US and Iran. A deal could help to ease inflationary pressures and reduce concerns about further interest rate hikes. 

Meanwhile, the miner also recently announced it has reached several impressive feasibility milestones and posted a significant increase in gold production. 

Resolute Mining expects production to keep climbing this year, too, to around 250,000 to 275,000 ounces at an all-in sustaining cost of $2,000 to $2,200. 

The gold price is forecast to rebound this year. If gold prices return to record highs, the value of high-performing gold stocks like Resolute Mining could quickly see their share prices pick up. 

Analysts are very bullish on the outlook for the ASX gold stock. TradingView data shows all seven analysts have a buy or strong buy rating on the shares. 

The average $2.37 price target implies a potential 121% upside at the time of writing. But some think Resolute Mining shares could climb as much as 221% to $3.45 a share. For context, the gold miner’s shares haven’t traded above the $ 2.30 level since mid-1999.

The post If I invested $5,000 into this ASX gold stock 12 months ago, I’d have nearly $9,430 today 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 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.

With the ASX 200 experiencing a down year by historical standards, many investors will be staring down the barrel of a flat portfolio. 

But the silver lining of a down year is that there are plenty of ASX shares offering significant upside. 

When markets are flat or underperforming, it means there are value opportunities for investors. 

Here are three such ASX shares tipped to rise significantly over the next 12 months. 

Light & Wonder Inc (ASX: LNW)

Light & Wonder, Inc. engages in the development of technology-based products, services, and associated content. It operates through the following segments: Gaming, SciPlay, and iGaming.

Its share price has fallen by over 25% year to date; however, it has been generating plenty of buzz amongst experts. 

It appears now could be the chance to scoop up this blue-chip consumer discretionary stock at a considerable discount. 

It closed trading yesterday at $116.35 per share. 

However, Macquarie recently placed a $200 price target on these ASX shares. 

Bell Potter placed its most recent 12-month target at $192 per share. 

If it were to reach this range in the next 12 months, it would represent a 65%-72% gain. 

Judo Capital (ASX: JDO)

Bank shares have been one of the sectors that have largely underperformed in 2026. 

Investors usually associate the sector with steady revenue and reliable dividends. 

However, the big four banks have all struggled in 2026. 

It appears that for banking stocks, opportunity lies outside the big four. 

Enter Judo Bank. 

The Australian bank focused on lending to small and medium enterprises (SMEs) has seen its share price fall 20% year to date. 

However, experts are tipping this bank stock as the one to buy in 2026. 

The team at Morgans recently retained a buy recommendation on this small business lender’s shares with an improved price target of $2.15.

From current levels, this indicates an upside of 50%. 

Idp Education (ASX: IEL)

IDP Education Ltd is a global education service offering English language testing and international student placement services. The company is a co-owner of IELTS, or International English Language Testing System, which administers English language testing around the world.

Its share price rose 5% yesterday, but it remains down by more than 60% year to date. 

Brokers now believe these ASX shares have been oversold. 

A note out of Morgans said it sees scope for earnings to stabilise and return to growth from FY27. 

The broker has placed a price target of $3.15 on these ASX shares. 

This target is 50% higher than current levels. 

The post 3 oversold ASX shares to target right now for 70% gains appeared first on The Motley Fool Australia.

More reading

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• Here are the top 10 ASX 200 shares today
• Three ASX shares to buy right now according to Morgans
• Leading brokers name 3 ASX shares to buy today
• Why 4DMedical, Eagers Automotive, IDP Education, and oOh!Media shares are charging higher today

Motley Fool contributor Aaron Bell 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 Light & Wonder Inc. The Motley Fool Australia has recommended Light & Wonder Inc. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.