Category: Stock Market

Fortescue Ltd (ASX: FMG) remains one of Australia’s largest iron ore producers and a popular choice among resources investors.

But if I had $10,000 ready to invest today, I would be looking closely at what the next few years could bring rather than what the company has delivered in the past.

For now, I would keep my money on the sidelines.

The forecasts have moved the wrong way

Fortescue shares are trading around $17.99, which may initially look tempting after periods of weakness.

The problem for me is the earnings outlook. According to CommSec, consensus earnings per share forecasts have been trimmed this week and now stand at $1.34 in FY27, $1.21 in FY28, and $1.13 in FY29.

That implies earnings could fall by around 16% between FY27 and FY29.

I would be more comfortable buying a cyclical miner when the valuation gives me a greater margin for error or when I can see a stronger earnings outlook developing.

At $17.99, Fortescue trades on a PE ratio of roughly 13 times estimated FY27 earnings. By FY29, that rises to almost 16 times because analysts expect profits to decline.

For a business whose earnings remain heavily influenced by the iron ore price, I do not think that looks particularly compelling.

The dividend outlook is also weakening

Fortescue has historically attracted plenty of attention from income investors because it can distribute substantial amounts of cash when iron ore conditions are favourable.

Current forecasts suggest those payments could move lower over the next few years. Consensus estimates point to dividends per share of 85.8 cents in FY27, falling to 77.6 cents in FY28 and 70.7 cents in FY29.

That is still a meaningful amount of income, but I am more interested in the direction of travel.

If those forecasts prove accurate, both earnings and dividends would be declining at the same time.

That makes it harder for me to get excited about investing $10,000 today, particularly when there are other large miners competing for my money.

I still think Fortescue is a strong miner

My hesitation does not mean I think Fortescue is a poor business.

It has built an enormous iron ore operation in Western Australia and has spent years developing the infrastructure, mining expertise, and export network needed to move huge volumes efficiently.

That scale remains a major strength.

Iron ore demand and prices could also turn out stronger than analysts currently expect. If that happens, the earnings and dividend forecasts could eventually move higher again.

Fortescue is also investing beyond its traditional iron ore operations, although I would want to see those newer opportunities make a more substantial contribution before relying on them in my investment case.

For now, the core business remains closely tied to iron ore, and the consensus numbers suggest the next few years may be challenging.

Hold rather than buy

If I already owned Fortescue shares, I would not necessarily rush to sell them.

The company remains a major producer with valuable assets, and commodity markets can surprise in either direction.

But there is a difference between being willing to continue holding a good mining business and deciding that today is an attractive moment to put another $10,000 into it.

I would want either a cheaper entry point or signs that the earnings outlook is beginning to improve before becoming more positive.

Foolish takeaway

I would not invest $10,000 into Fortescue shares at around $17.99 today.

The company itself still has plenty going for it, but the current forecasts do not give me enough reason to buy. Earnings are expected to decline through FY29, dividends are forecast to follow them lower, and the shares would still be trading at almost 16 times FY29 earnings if those estimates prove accurate.

For me, Fortescue is closer to a hold than a buy right now. I would be happy to keep watching and reconsider if the price or earnings outlook becomes more attractive.

The post Should I invest $10,000 into Fortescue shares? appeared first on The Motley Fool Australia.

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Motley Fool contributor Grace Alvino has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has 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 stock Cash Converters Ltd (ASX: CCV) has delivered its sixth consecutive annual dividend of 2 cents per share, which, at the current share price, equates to a dividend yield of 6.7%.

But the analyst team at Shaw and Partners believes there is also share price upside from here, with a buy rating on the shares and a bullish share price, which I’ll get to shortly.

First, let’s have a look at Cash Converters’ recently released full-year results.

Profit down in year of transition

The company’s net profit fell 20% year-on-year to $19.7 million, on revenue of $429.2 million, up 11%.

The company’s gross loan book fell 3% to $236.6 million while cash on hand fell 49% to $37.2 million.

Chief Executive Officer Sam Budiselik said FY26 was a year of change for the company.

He added:

We are pleased to report a full-year result reflecting the deliberate execution of our strategic transformation, including exiting payday lending, materially growing the new Cashies Loan book and substantially expanding our corporate store network. While this transformation has created near-term earnings volatility as the composition of the Group’s earnings has changed, we now have a simpler business supported by a broader base of growing retail and international earnings. Following the successful launch of Cashies Loan, the Group has simplified its personal lending offering, improving the customer journey and reducing servicing costs. The Cashies Loan book reflected strong demand closing the year up almost five times at $114.1m ($23.1m at 30 June 2025). The overall quality and composition of the Group’s loan portfolio continued to improve, with the Group Net Loss Rate declining to 11.1%, from 16.0% in FY25. Legacy payday loans now comprise only 2.4% of the Group’s $236.6m total gross loan book.

Mr Budiselik said the company’s store segment delivered strong growth, with operating EBITDA up 49.7% to $46.8 million and same store sales increasing 13%.

The company is also expanding its luxury store concept, with third party AI authentication technology enabling an expansion in the product range.

Shares looking cheap according to broker

Shaw and Partners said in its note to clients that the results were as expected.

They added:

CCV is demonstrating that it can drive synergy and efficiency through corporatisation of its franchised store networks – a key element of our BUY recommendation. Further store acquisitions are signalled for FY27.  

Shaw and Partners said the company was trading well below the valuation levels of its international industry peers.

They have a price target of 41 cents on Cash Converters shares compared to 29.5 cents currently.

Cash Converters is valued at $209.9 million.

The post This high-yield ASX stock could deliver 40% share price gains: Broker 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.

Electro Optic Systems Holdings Ltd (ASX: EOS) shares are charging higher on Tuesday after the defence tech company released its half-year results.

At the time of writing, the EOS share price is up a sizeable 13.02% to $9.72.

That takes its gain over the past month to more than 40% and continues what has been a very strong run for shareholders.

With the stock pushing higher again today, it appears investors are clearly liking what they see.

So, can EOS shares keep climbing from here?

Revenue jumps 283%

The numbers show just how quickly the business has grown over the past year.

EOS reported revenue from continuing operations of $168.8 million for the six months to 30 June, up 283% from $44.1 million a year earlier.

Defence Systems drove most of the increase, with revenue climbing to $163.7 million from $38.8 million. Space Systems was largely flat at $5.1 million, compared with $5.3 million last year.

The big improvement in revenue also flowed through to earnings. Underlying EBITDA came in at $21.6 million, a big turnaround from the $14.9 million loss recorded in the prior corresponding period.

However, EOS still reported a statutory net loss after tax of $33.7 million. This included a $34 million non-cash accounting adjustment linked to its MARSS acquisition.

Gross margin came in at 58%, down from 76% a year ago. The prior period benefited from a one-off $12 million reversal of late delivery penalties.

Order book keeps growing

There was more good news in the order book.

EOS finished June with an unconditional order book of around $846 million, up 84% from $459 million at the end of December. It is also almost 5 times the $170 million reported a year ago.

The company signed more than $300 million of new orders during the half, with most of its current order book expected to be delivered through the rest of 2026 and during 2027.

The recently acquired MARSS business is also off to a strong start.

MARSS has already secured around $200 million of orders in 2026, while giving EOS greater exposure to AI-enabled command and control systems and counter-drone tech.

EOS ended June with $256 million in unrestricted cash, leaving the company well funded as it works through its growing order book.

Can EOS shares keep climbing?

There’s plenty going right at EOS at the moment.

Management expects FY26 revenue of between $360 million and $400 million, which would be a record result for the company.

Strong demand across the defence sector is also supporting the outlook, particularly for counter-drone systems, remote weapon systems, and high-energy laser weapons.

EOS is currently chasing several opportunities across these areas, while its order book provides better visibility for future revenue growth.

Of course, the share price has already run a long way. EOS shares are up more than 40% in just one month, so expectations are now much higher.

Still, with revenue growing very quickly, and the order book standing at $846 million, there could be more room to run.

The post EOS shares rocket 13% today. Can the rally keep going? 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 Electro Optic Systems. 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 BHP Group Ltd (ASX: BHP) share price reached a new all-time record of $68.22, up 1.6%, on Tuesday.

Meanwhile, the S&P/ASX 200 Index (ASX: XJO) is 0.8% higher as earnings season continues.

BHP shares have now exceeded all the new 12-month price targets set by experts since its FY26 report on 18 August.

There is no news from the ASX 200’s most valuable company by market capitalisation today.

What’s pushing the BHP share price higher?

It’s certainly an interesting situation given there is just one buy rating among 11 experts since the miner released its results.

That buy call came from Morgan Stanley.

The top broker retained its buy call on the ASX 200 mining giant and raised its 12-month target from $67 to $67.50 post-results.

That was the highest target price among the 11 experts.

Nine experts reiterated their hold calls on BHP shares after the FY26 report.

However, Morgans downgraded the ASX 200 mining share to a sell with a $55.30 target, implying a 19% downside ahead.

The lowest 12-month target among the 11 brokers is $51.43 from Deutsche Bank.

This suggests a potential 24% downside over the next 12 months.

What did BHP report for FY26?

BHP reported a record underlying earnings before interest, taxes, depreciation, and amortisation (EBITDA) of US$32.9 billion for FY26.

That was 27% higher than FY25.

A 6% unit cost reduction across major assets and increased production at its coal and iron ore mines contributed to a 30% profit boost.

Underlying attributable profit came in at US$13.2 billion, up 30%, and net operating cash flow was US$21.8 billion, up 17%.

While BHP has a long history as an iron ore giant, in recent years, it has become the world’s largest copper producer.

The red metal accounted for 54% of BHP’s EBITDA in FY26.

What else is going on?

The miner is benefiting from a lift in the iron ore and copper prices today.

The copper price is up 0.3% to US$6.61 per pound on Tuesday.

Copper hit a new all-time price peak of US$6.71 per pound on 5 August amid higher demand due to the green energy transition.

The copper price is up 16% in the 2026 calendar year so far and up 48% over 12 months.

The iron ore price is up 0.14% to US$95.34 per tonne today.

Iron ore slipped below US$100 per tonne just after the start of the new financial year.

This followed about three years of trading mostly above it.

Trading Economics analysts explained the recent weakness:

China’s steel output fell 3.6% year-on-year to 76.93 million tons in July, the lowest for the month since 2017, while inventories remained elevated.

Weak property activity weighed on demand, with home prices down 3.2% year-on-year, while only about one-third of steelmakers were profitable.

China’s July iron ore imports also fell 4% month-on-month to 108.09 million tons as shrinking steel margins prompted some mills to undertake maintenance.

However, fresh stimulus measures and expectations of higher demand ahead of the September peak season are supporting the iron ore price today.

China is planning measures to boost domestic demand and growth.

The National Development and Reform Commission (NDRC) is also urging local governments to accelerate major projects.

Chinese steel production is a key driver of global iron ore demand.

The post BHP share price hits new record high 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 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.

Rio Tinto Ltd (ASX: RIO) has enjoyed a strong run over the past 12 months, with its shares now trading around $180.44.

That raises a question for investors looking beyond the recent momentum.

Would I still buy Rio Tinto shares with the intention of holding them for years?

The valuation still looks reasonable

According to CommSec, analysts expect earnings per share of $12.07 in FY26 and $12.04 in FY27.

Those forecasts point to virtually no earnings growth over the next year. At the current share price, Rio Tinto is trading on a PE ratio of around 15 times forecast earnings in both years.

I think that remains a reasonable price for the quality and scale of the assets Rio Tinto owns.

Mining profits will always move around with commodity prices, so I would not expect earnings to always climb every year. I am more interested in whether the company is investing today in assets that can produce valuable commodities for decades. I think Rio Tinto is making progress on that front.

There is also a solid income component. Consensus forecasts estimate fully franked dividends of $6.63 per share in FY26 and $6.62 in FY27.

Again, there is little growth implied in those forecasts, but investors are still being paid while several major projects develop.

Copper could change the business over time

Copper is the part of Rio Tinto that makes me most positive about the longer-term outlook.

Oyu Tolgoi in Mongolia is already ramping up strongly. Copper production from the operation increased 31% in the first half of 2026, and Rio Tinto says the ramp-up remains on schedule.

The scale it is heading towards is substantial. Rio Tinto expects the open pit and underground operations at Oyu Tolgoi to produce around 500,000 tonnes of copper annually on average between 2028 and 2036. The company expects it to become the world’s fourth-largest copper mine by 2030.

For me, this is a good example of why the flat FY26 and FY27 earnings forecasts do not tell the whole story.

The investment case stretches much further than the next couple of financial years.

Rio Tinto is also progressing other potential copper projects, including Resolution in the US and Winu in Western Australia.

Demand should have plenty of support as more copper is required for electricity networks, renewable energy, industrial development, and other forms of electrification.

If Rio Tinto can bring more high-quality supply into that market, copper could become an increasingly important source of value for shareholders.

There is more happening across the portfolio

I also like that Rio Tinto has several major projects capable of changing its production base over time.

Oyu Tolgoi is one. Simandou is another, adding a new source of high-grade iron ore from Guinea. The company has also expanded substantially into lithium.

In the first half of 2026, copper, aluminium, and lithium together contributed more than half of Rio Tinto’s underlying EBITDA.

That tells me the company is already becoming less dependent on any single commodity than investors may have traditionally associated with Rio Tinto.

Foolish takeaway

Yes, I think Rio Tinto shares remain a good buy and hold pick at around $180.44.

The near-term earnings forecasts are flat, and investors should always expect commodity prices to cause some volatility.

For me, the longer-term opportunity carries more weight. Around 15 times forecast earnings still looks reasonable, while Oyu Tolgoi and Rio Tinto’s wider copper pipeline give the company a strong avenue for growth beyond FY27.

I would be comfortable buying the shares today and giving that opportunity several years to develop.

The post Are Rio Tinto shares a good buy and hold pick? appeared first on The Motley Fool Australia.

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Motley Fool contributor Grace Alvino has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has 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.

BHP Group Ltd (ASX: BHP) shares are climbing higher into the green again in Tuesday morning trade.

At the time of writing, the shares are up around 1% and changing hands for a new all-time high of $67.88 a piece.

Today’s increase means the ASX mining giant’s shares have now jumped around 13% over the past month alone and up 48% for the year-to-date.

For context, at the time of writing, the S&P/ASX 200 Index (ASX: XJO) is up around 3% over the past month and around 5% higher for the year-to-date.

The latest rally is supported by the miner’s record FY26 earnings results, which it posted to the ASX a week ago. 

The group posted a strong operational performance across all its key segments and an impressive 27% increase in its underlying EBITDA. 

Investors were clearly thrilled with the results and many are rushing to buy the mining shares before they climb even higher.

So, if I bought $6,000 of BHP shares 12 months ago, what would it be worth today?

BHP shares were trading at $43.14 this time last year, and have climbed around 56% higher to the time of writing.

That means a $6,000 investment in the mining giant 12 months ago would be worth a huge $9.360 today!

Can the miner’s shares keep climbing higher?

After a strong rally through 2026 so far, it looks like BHP shares have now reached a ceiling. In fact, some think that the stock is now trading above fair value and could be due a correction.

Market Index data shows that the majority of brokers have a hold rating on the mining shares. But the $61.78 average target price implies a 9% downside ahead.

TradingView data shows something similar. Again the majority (13 out of 23) have a hold rating on BHP shares, but another six have a strong buy rating and four rate the stock as a sell/strong sell.

The average $62.68 target price now implies a potential 8% downside ahead over the next 12 months. But the range between the maximum and the minimum is huge.

Some think the shares have the potential to fall 36% to $43.72, at the time of writing. Meanwhile, more bearish analysts think BHP shares could jump 35% higher to $91.71 within the next 12 months. 

John Athanasiou from Red Leaf Securities has a hold rating on BHP shares following the FY26 results announcement last week. He said that the quality of BHP’s asset base, balance sheet and diversified portfolio leaves existing shareholders with little reason to sell. But, after a solid run, he said investors may be better off waiting for a more attractive entry point.

Morgan Stanley renewed its buy rating on BHP shares after the miner’s FY26 report and increased its 12-month price target to $67.50.

Elsewhere, Morgans has a trim rating and lowered its 12-month price target to $55.30. The broker said the share price already factors in more upside.

The post $6,000 invested in BHP shares 12 months ago is now worth…. appeared first on The Motley Fool Australia.

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Motley Fool contributor Samantha Menzies has positions in BHP 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 recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Coles Group Ltd (ASX: COL), Ramelius Resources Ltd (ASX: RMS), and Woodside Energy Group Ltd (ASX: WDS) shares are turning heads today.

In late morning trade on Tuesday, all three of the high-profile ASX shares are outpacing the 0.5% gains posted by the S&P/ASX 200 Index (ASX: XJO) at this time.

Here’s what’s catching investor interest.

Woodside shares jump on profit growth

Woodside shares are up 2.5% at the time of writing, changing hands for $34.28 apiece.

This strong performance follows the release of the ASX 200 energy stock’s half-year results (H1 2026).

Highlights for the six months included a 13% year-on-year increase in operating revenue to US$7.45 billion. And the company’s free cash flow was up 159% to US$352 million.

On the bottom line, Woodside achieved a 27% increase in net profit after tax (NPAT) to US$1.67 billion.

This saw management declare a fully-franked interim dividend of 57 US cents per Woodside share.

On the growth project front, Woodside’s Scarborough is 98% complete and on track for first LNG cargo in Q4 2026. Its Trion project is 64% complete, while the Louisiana LNG project is 28% complete.

Woodside ended the half with liquidity of US$8.19 billion.

Ramelius Resources shares lift on gold resource increase

Like Woodside shares, Ramelius Resources shares are marching higher, up 1% at $4.05 each.

This comes after the ASX 200 gold stock reported a 79% increase in its Ore Reserves to 4.3 million ounces of gold. The miner’s Mineral Resources increased by 17% to 14 million ounces.

Ramelius credited the boost to its FY 2026 exploratory drilling campaign, which added 1.8 million ounces of new discovery gold at an average cost of $55 per ounce.

The lift was primarily delivered by the maiden 1.6-million-ounce Ore Reserve at Ramelius’ Never Never underground project, as well as 260,000 ounces at its Roe underground project.

Which brings us to…

Coles shares edge higher on dividend boost

Joining Ramelius Resources and Woodside shares in turning heads today, we find Coles.

Shares in the ASX 200 supermarket giant are up 0.6% at the time of writing, trading for $22.78 apiece.

This follows the release of Coles’ FY 2026 results.

Highlights for the financial year include a 2.8% year-on-year increase in sales revenue to $45.58 billion. Earnings before interest and tax (EBIT) of $2.32 billion (excluding significant items) were up 9.9%.

On the bottom line, Coles achieved a 13.7% year-on-year increase in net profit after tax (NPAT) to $1.26 billion (excluding significant items).

This saw management declare a 37-cent per share fully-franked final dividend, up 15% from last year’s final payout.

If you want to bank the final Coles dividend, you’ll need to own shares at market close on 2 September. Coles shares trade ex-dividend on 3 September.

The post Why is everyone talking about Coles, Ramelius Resources and Woodside shares on Tuesday? appeared first on The Motley Fool Australia.

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Motley Fool contributor Bernd Struben 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.

Shares in Cyclopharm Ltd (ASX: CYC) are down almost 50% over the past 12 months, but according to the analysts at Bell Potter, now could be a great time to buy in.

Bell Potter has a buy recommendation on the shares and a bullish price target, which I’ll get to shortly.

First, let’s have a look at the company’s recently released first-half results.

US market primed for growth

Cyclopharm’s flagship product is Technegas, which is a broad-spectrum diagnostic lung imaging technology for the visualisation of pulmonary ventilation and lung function.

The company said Technegas was now available in 67 countries, with more than five million patient procedures to date.

In the first half of 2026, Cyclopharm generated revenue of $17.5 million, up 14% on the same period last year, while revenue growth in the US jumped 74% to $2.1 million.

The company had $12.2 million in cash at the end of June, and posted a net loss of $8.8 million, compared with $7.7 million for the same period last year.

The company explained:

The movement reflects three factors: continued investment in US commercial operations; a near-doubling of research and development expenditure to $0.57 million as we advance our Beyond PE clinical programs; and the absence of the $1.1 million share of joint venture profit recorded in the pcp following the divestment of the non-core Cyclotek interest. Encouragingly, gross margin improved from 53.5% to 56.3%, reflecting the growing weighting of higher-margin Technegas revenue, and particularly US revenue, in the sales mix.

In terms of the market opportunity, Cyclopharm estimates the US market could be worth US$180 million.

Managing Director James McBrayer said:

The US is the world’s largest healthcare market and represents a potential US$180 million annual revenue opportunity for Cyclopharm in the diagnosis and management of Pulmonary Embolism alone. That potential is not speculative; it is built on the same adoption curve that has played out in each of our established markets, where Technegas commands an 85% or greater share of nuclear medicine ventilation imaging. Applying that experience, the Company sees its primary US market as approximately 2,000-site addressable market out of the 5,139 US sites performing nuclear medicine lung imaging, per CMS data. With 70 sites generating revenue as at 30 June 2026, we have only just started.

ASX biotech shares looking cheap

Bell Potter said in its note to clients that the growth was encouraging and noted that half of the top 20 hospitals in the US had now adopted Technegas.

The broker has a $1 price target on Cyclopharm shares compared to 50.5 cents currently.

The company is valued at $63.5 million.

The post Bell Potter says this ASX biotech could nearly double in value 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.

S&P/ASX 200 Index (ASX: XJO) shares are up 0.4% to 9,142.1 points on Tuesday.

As earnings season continues, let’s check out some new ratings from the experts today.

DigiCo Infrastructure REIT (ASX: DGT)

The DigiCo Infrastructure REIT share price is $2.47, down 0.4% today and down 22% over 12 months. 

Morgans has a buy rating on this ASX 300 real estate investment trust (REIT) after reviewing its FY26 report.

The broker said: 

The signed Letters of Intent (LOIs) over the remaining 52MW would take the Australian portfolio to full capacity — a strong demand signal that de-risks management’s pathway to $250m of EBITDA.

However the ramp-up in earnings is back-ended, hence FY27 guidance was ~8% below MorgansF and ~13% below Consensus.

Liquidity of ~$1.2bn funds the ~$1.2bn capex bill, with management calling out no need for additional equity.

We still see clear value, but the cashflows are pushed out — this is now an FY28-into-FY29 story.

Telstra Group Ltd (ASX: TLS)

The Telstra share price is steady at $4.72 on Tuesday, and down 6% over 12 months. 

John Athanasiou from Red Leaf has a hold call on this ASX 200 communications share following the telco’s FY26 results.

He explained (courtesy The Bull):

Telstra’s investment case has improved materially, supported by a stronger mobile business, better earnings momentum and improving shareholder returns.

Its mobile network remains the company’s key competitive advantage, providing pricing power, scale and dependable cash generation.

The market has increasingly recognised Telstra’s defensive qualities, which, we believe, are reflected in the share price.

Telecommunications also remains a capital intensive industry, requiring significant ongoing investment to maintain network leadership.

For existing shareholders, the combination of relatively stable earnings, dividends and a strong mobile franchise remains attractive.

However, for new investors, the upside appears less compelling after a recent re-rating.

Telstra is among 16 ASX 200 shares going ex-dividend this week.

The telco will pay a 90% franked dividend of 10.5 cents per share on 24 September.

Commonwealth Bank of Australia (ASX: CBA)

The CBA share price is $158.83, up 1.3% today and down 7% over 12 months. 

Tony Locantro from Alto Capital has a sell rating on the market’s biggest ASX 200 bank share following its FY26 results.

Locantro said: 

The CBA remains Australia’s leading banking franchise and delivered another strong result in full year 2026.

Cash net profit after tax of $10.982 billion was up 7 per cent on the prior corresponding period. The full year dividend of $5.05 a share, fully franked, was up 4 per cent.

Strong lending, deposit growth and a robust capital position continue to demonstrate the quality of the business.

However, operating expenses and loan impairment expenses increased.

The CBA continues to trade at a substantial valuation premium to domestic banking peers. Although the underlying business remains strong, the premium valuation leaves little room for disappointment and may potentially constrain prospective returns.

The post Buy, hold, sell: DigiCo Infrastructure REIT, CBA, Telstra shares appeared first on The Motley Fool Australia.

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• How many CBA shares do I need to buy for $8,000 of passive income?
• 2 ASX shares that could rise up to 45% following earnings results 
• How much superannuation do I need to earn $4,000 a month in passive income?
• Buy, hold, sell: Pro Medicus, Fortescue, CBA shares

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 no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Telstra Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

September is almost here, which makes now a good time to think about where fresh money could go next.

The good news is that investors do not need to make a big call on one company to improve their portfolio.

ASX exchange traded funds (ETFs) can provide exposure to dozens, hundreds, or even thousands of shares in a single trade.

With that in mind, here are three ASX ETFs that could be worth considering next month.

iShares S&P 500 ETF (ASX: IVV)

The iShares S&P 500 ETF could be a great starting point for many Australian investors.

This fund tracks Wall Street’s famous S&P 500 Index, which is home to many of the largest listed companies in the United States.

That means investors can gain exposure to businesses involved in cloud computing, artificial intelligence, healthcare, payments, consumer brands, industrial products, financial services, and entertainment.

One of the strengths of this ETF is that it does not rely on a single theme. The US market has a deep collection of companies that sell into global markets, reinvest heavily, and have long records of adapting as the economy changes.

For Aussie investors, this can be a simple way to look beyond the local share market and own a slice of some of the world’s most important businesses.

Betashares Asia Technology Tigers ETF (ASX: ASIA)

Another ASX ETF to look at in September is the Betashares Asia Technology Tigers ETF.

This fund offers exposure to large Asian technology companies across areas such as semiconductors, ecommerce, digital payments, online entertainment, gaming, and internet platforms.

This could be an attractive part of the market because Asia is not just a manufacturing base or a consumer region. It is also home to technology companies that are deeply involved in how the digital economy is built and used.

There are risks. Regulation, geopolitics, currencies, and market sentiment can all create volatility. But for investors wanting technology exposure outside the United States, this ETF offers a focused way to get it.

Betashares Global Robotics and Artificial Intelligence ETF (ASX: RBTZ)

A final ASX ETF for investors to consider is the Betashares Global Robotics and Artificial Intelligence ETF.

This fund is aimed at companies involved in robotics, automation, artificial intelligence, drones, and related technologies.

What I like about this area is that it is not just about software on a screen. Robotics and automation can change how factories operate, how warehouses move goods, how hospitals handle work, how farms lift productivity, and how logistics networks become more efficient. That gives the ETF exposure to a long-term shift in the real economy.

It will almost certainly not be a smooth ride. The theme can attract excitement, and valuations can move around quickly. But over the long term, machines doing more work in more places could be a powerful investment trend.

The post 3 amazing ASX ETFs for Aussie investors in September appeared first on The Motley Fool Australia.

More reading

• Why every Aussie investor should own one of these ASX ETFs
• 15% for 10 years: Is this ASX ETF a no-brainer buy?
• 3 growth focussed ASX ETFs that could beat the market in FY27
• How much is needed in superannuation to target a $40,000 annual passive income?
• Is $2 million really the new superannuation target?

Motley Fool contributor James Mickleboro has positions in Betashares Capital – Asia Technology Tigers Etf. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended iShares S&P 500 ETF. The Motley Fool Australia has recommended iShares S&P 500 ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.