ASX materials stock Solstice Minerals Ltd (ASX: SLS) continued its stellar run yesterday. It rose 10% to open the week on Monday. 

The mineral exploration company rose 10% on Monday, and is now up an impressive 770% in the last 12 months. 

Why is this ASX materials stock soaring?

Solstice Minerals is a Western Australian copper-gold explorer focused on its flagship 100%-owned Nanadie Copper-Gold Project (Nanadie). 

It has been one of the copper shares to exploded in the last year.

This has come because investors are simultaneously pricing in record copper prices, tightening supply and a structural demand boom. 

At the same time, AI data centres, electricity grids, EVs, renewables and broader electrification are creating a powerful long-term demand story for copper.

Additionally, U.S. tariff uncertainty has pulled large volumes of metal into America and further tightened availability elsewhere. 

ASX copper miners have relatively fixed operating costs. This means every extra dollar in the copper price can translate into disproportionately higher margins, cash flow and project valuations. 

This has resulted in investors aggressively rerating both established producers and smaller exploration/development stocks. 

Why this stock can keep rising

A new report from Bell Potter has suggested this ASX materials stock still has more room for growth. 

The report highlighted that When the company bought the Nanadie site, the estimated resource was 40.4 million tonnes at about 0.40% copper, plus gold and silver.

However, since then, drilling results suggest that Nanadie is much larger than previously thought.

The mineralised zone is now around 100-200 metres wide, has been drilled to about 840 metres downhole, and extends over at least 1.3 km of strike. It is still open, meaning it could become larger.

In simple terms, Nanadie was originally thought to be a modest copper deposit. Drilling is showing that it could be a much bigger and potentially higher-grade deposit.

If the resource continues to grow and the project can eventually be developed into a mine, the company could be worth substantially more than it is today.

Big upside and buy rating 

Based on this analysis, Bell Potter has initiated coverage on this ASX materials stock with a speculative buy rating and $3.25 valuation. 

From yesterday’s closing price, this indicates an upside potential of approximately 32%. 

We initiate coverage of SLS with a SPECULATIVE BUY recommendation and a A$3.25/sh valuation. Nanadie is a genuinely large and still growing copper- gold system on granted mining tenure in a Tier-1 mining jurisdiction. We expect SLS will re-rate on release of ongoing exploration results and project development studies.

The post This ASX materials stock is up 700% this year and could be the next big copper winner 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.

BHP Group Ltd (ASX: BHP) shares represent one business that most Australians will have exposure to in their superannuation fund.

Whether that’s the superannuation fund investing in it through an ‘Australian shares’ option, Australians picking an exchange-traded fund (ETF) that owns BHP shares, or directly buying BHP shares – it has a large presence on the ASX share market.

There’s now a sizeable gap in the market capitalisation between BHP and Commonwealth Bank of Australia (ASX: CBA) following a 53% rise of the BHP share price in the last year.

But, if I were considering investing in BHP shares directly in superannuation, I think it could be a wise idea to wait before investing.

ASX mining shares are volatile

I’m not afraid of ASX share market volatility. However, it’s important to recognise that miners are often cyclical.

That’s the nature of resource prices – they go up and down depending on supply and demand. Commodity prices don’t stay consistent every month or even year to year.

A business like BHP has fairly consistent operating costs, so a rise in revenue can significantly boost profitability thanks to operating leverage.

We saw that in the 2026 financial year, with revenue rising 15% to US$58.8 billion, profit from operations improving 23% to US$23.9 billion, and underlying attributable profit climbing 30% to US$13.2 billion.

When commodity prices strengthen, it can lead to great results. Copper was the big driver for BHP – the copper price improved 35% to US$5.74 per pound, helping copper underlying operating profit (EBITDA) improve 48% to US$18.2 billion.

But, I think it would be unwise to expect that the copper price will increase by another 35% in FY27, so I’m not expecting BHP to deliver another strong year of growth.

Miners are not usually the type of business to consistently grow earnings at a similar pace year after year. I think earnings are likely to bounce around.

Why I’d wait to buy BHP shares in superannuation

BHP is a very impressive operator, one of the best in the world at what it does.

However, I think the last decade has shown how the company’s earnings can be cyclical, particularly the iron ore earnings. So, there may be a time when the market is not as optimistic about the outlook for commodities as it is right now.

I’d rather buy when the BHP share price is relatively low, which happens when commodity prices are weaker.

I do believe there will be another opportunity to buy BHP shares at a better valuation, though I don’t know exactly when that will be. But, we don’t have to buy at this higher valuation. We should look at other opportunities in the meantime if we’re trying to generate good returns.

The post Why I’d wait to buy BHP shares in superannuation appeared first on The Motley Fool Australia.

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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 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.

I think some of the best ASX shares to buy are those that can deliver excellent long-term returns through powerful compounding.

When earnings grow at a strong compound annual growth rate (CAGR), it means the underlying intrinsic value is improving rapidly and does so for a long time.

I believe the following two names are excellent ideas for the decade ahead.

Lovisa Holdings Ltd (ASX: LOV)

Lovisa is a global retailer of affordable jeweller around the world.

It has at least five stores in Australia, New Zealand, Singapore, Malaysia, Hong Kong, South Africa, the UK, Ireland, Spain, France, Germany, Belgium, the Netherlands, Austria, Switzerland, Poland, Italy, the UAE, the USA, Canada, Mexico, its Middle East and Africa franchise and its South America franchise.

The ASX share’s expanding global store network is a key driver of the company’s financial progress. In FY26 alone, its store count increased by 10.2% (or 105 stores) year-over-year to 1,136.

Revenue growth at its store network helped revenue grow by 17.6% to $938.8 million, underlying operating profit (EBITDA) rose 20.9% and net profit after tax (NPAT) increased 10.7% (despite all of the investing in new stores globally).

With so many markets it can grow in, including new markets like China, Vietnam, Taiwan, I think the business has a very promising future of expansion in the decade ahead. Operating leverage could help improve its profit margins over time.

According to the forecast on CMC Invest, the Lovisa share price is valued at 19x FY28’s estimated earnings.

Siteminder Ltd (ASX: SDR)

Siteminder is one of the world’s leading hotel commerce and management software providers. The business generates 140 million hotel reservations worth over A$85 billion in revenue for its hotel customers.

In an increasingly digital world, the ASX share is seeing strong adoption around the world.

In FY26, Siteminder reported that revenue grew 18.6% to $266.1 million and annual recurring revenue (ARR) improved 14.9% to $313.7 million, despite softer global travel conditions.

It’s benefiting from growing traction in new product initiatives, such as its smart platform modules that help customers analyse financial performance, decide on room prices, and even automatically adjust them so customers can generate the most revenue over the year.

In terms of profitability, the nature of software means revenue can rise much faster than expenses.

While the ASX share’s revenue grew 18.6% in FY26, underlying operating profit (EBITDA) jumped 96.5% to $28.1 million, and adjusted free cash flow surged 123% to $10.5 million. I expect its profit margins will continue to improve in the years ahead, although they are unlikely to do so at the same pace as in FY26.

According to the projection on CMC Invest, the Siteminder share price is valued at under 30x FY28’s estimated earnings.

The post 2 top ASX shares to buy and hold for the next decade appeared first on The Motley Fool Australia.

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