Want some exposure to the tech sector? If you’ve answered yes, then it could be worth checking out the three ASX tech stocks in this article.

That’s because they have recently been named as buys by the team at Morgans. Here’s what it is recommending to clients:

Megaport Ltd (ASX: MP1)

Morgans was pleased with Megaport’s performance in FY 2026 and guidance for the year ahead. It notes that this is being driven by record performances from both its Network and Compute businesses.

In light of this and its very positive earnings growth outlook, the broker has put a buy rating and $25.00 price target on the ASX tech stock. It said:

MP1’s FY26 underlying EBITDA and FY27 EBITDA guidance were above market expectations. Both Network and Compute delivered record growth. At first glance, simple maths suggests MP1’s funding position looks tight. However, there is nearly $500m of additional funding that got lost in translation. We think MP1 ends FY27 with nearly $600m of surplus liquidity (assuming no new deals get signed). Our maths is explained in detail overleaf. Deals already contracted deliver $620m of annualised contracted EBITDA which means after EBITDA lifts 3x YoY in FY27, it will more than double into FY28, based on deals already signed. We upgrade to a Buy recommendation and $25 target price.

Objective Corporation Ltd (ASX: OCL)

Another ASX tech stock that has been given the thumbs up by Morgans is software provider Objective Corporation.

While it was disappointed with a legacy contract loss, it expects annual recurring revenue (ARR) momentum to continue in FY 2027 and beyond.

So, with its shares down near multi-year lows, the broker has retained its buy rating with an $8.50 price target. It said:

OCL’s FY26 result was largely in line with expectations. The result came however with more sticker shock in the form of another legacy contract loss leading to a further $3.2m ARR reduction. OCL enters FY27 with ARR of $114.1m. Despite this softening & FX headwinds during the year, OCL continued to see strong underlying SaaS growth momentum and progress of a number of strategic milestones (including the launch of Build Australia), which is key to ARR momentum and FY27+ outlook. Rebasing our forecasts for OCL’s revised FY27 ARR and guidance sees our NPAT estimates reduce by ~18-21% in FY27-28F. Following these revisions OCL is trading on FY27F P/E of 24x, with a share price near 5 years lows. We therefore reiterate our BUY rating with a revised PT of $8.50/sh.

WiseTech Global Ltd (ASX: WTC)

Finally, Morgans remains positive on this logistics software company and believes it is an ASX tech stock to buy now.

After delivering a result that was largely in line with expectations, Morgans retained its buy rating on WiseTech shares with a $62.50 price target. It said:

WTC’s FY26 result was largely in line with Morgans forecasts (MorgansF), with FY26 revenue of US$1,396m and EBITDA of US$558m coming in towards the lower end of its initial FY26 guidance range. While CargoWise revenue growth of +11% was softer than expected, WTC delivered annualised run-rate savings of ~US$115m in FY26, supporting further margin expansion into FY27. FY27 guidance will see revenue growth 2H-weighted, reflecting the timing of growth initiatives, while Underlying EBITDA guidance of US$725-780m implies EBITDA margins tracking back towards 49-51%. Our Underlying EBITDA forecasts are revised by +3%/-2% in FY27-FY28F and we retain our BUY rating with a price target of A$62.50ps (previously A$67.00ps).

The post Morgans names 3 ASX tech stocks to buy appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in Megaport and WiseTech Global. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Megaport, Objective, and WiseTech Global. The Motley Fool Australia has positions in and has recommended Objective and WiseTech Global. 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) has outperformed the S&P/ASX 200 Index (ASX: XJO) in 2026, with its shares up around 12% this year.

At approximately $24.05, they are now trading close to a record high.

So, after that run, is there still value left for investors?

The price reflects high expectations

Coles is not trading like a bargain. According to CommSec, consensus earnings per share forecasts stand at 98.2 cents in FY27, $1.05 in FY28, and $1.15 in FY29.

At the current share price, that puts Coles on a P/E ratio of roughly 24.5 times forecast FY27 earnings.

I think investors are clearly being asked to pay a premium for the predictability and quality of the business.

But the multiple becomes easier for me to accept when I look further ahead. If earnings reach $1.15 per share in FY29, the current price represents around 21 times those forecast profits.

That gradual improvement is a big part of why I still see value here.

Coles has ways to improve what it already has

The growth story does not depend on Australians suddenly buying far more groceries.

Coles has spent heavily on automation across its distribution and online fulfilment operations. I think the next few years can increasingly be about extracting benefits from those investments.

Moving products through the network more efficiently can help with costs and availability, while automated fulfilment gives Coles more capacity to handle online orders as shopping habits continue changing. That is an attractive position for a mature retailer.

Additionally, with its FY26 results this month, Coles said it is accelerating investment in its new store and renewal programs, as well as priority data and technology initiatives, over the next two years.

This includes opening approximately 45 new supermarkets in infill locations and high-growth corridors, as well as the renewal of approximately 150 supermarkets.

Income could rise with earnings

The dividend forecasts also point in a positive direction. Consensus estimates are for fully-franked dividends per share of 83.5 cents in FY27, 88.8 cents in FY28, and 97.4 cents in FY29. This represents dividend yields of 3.5% to 4%.

I would not buy Coles purely for income, particularly at the current share price.

But I like seeing dividend growth alongside the expected increase in earnings. It gives shareholders another way to benefit if the company delivers on the current outlook.

What could go wrong?

A premium valuation leaves less room for disappointment.

Competition with Woolworths Group Ltd (ASX: WOW) and Aldi remains strong, while cost pressures or weaker execution could make achieving the expected earnings growth harder.

That is why I would view Coles as a quality business at a reasonable price rather than a cheap share.

Foolish takeaway

The recent rally has certainly made Coles less attractive than it was at the start of the year.

Still, I think the next few years could justify the premium investors are paying today. Earnings are forecast to keep rising, dividends are expected to follow, and Coles has already made major investments that could improve how efficiently the business operates.

At around $24.05, I still see enough long-term value to consider Coles a buy.

The post Up 12%: Is there still value in Coles 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.

BHP Group Ltd (ASX: BHP) shares are edging lower today, which could offer an opportune buying opportunity.

Shares in the S&P/ASX 200 Index (ASX: XJO) mining giant closed on Friday trading for $67.30. In morning trade on Monday, shares are swapping hands for $66.55 apiece, down 1.1%.

For some context, the ASX 200 is just about flat at this same time.

Taking a step back, one year ago, you could have bought BHP shares for just $42.70 apiece. You’d then have enjoyed the whopping 55.9% share price gains over the past 12 months.

And that doesn’t include the two fully-franked BHP dividends, totalling $2.431 a share, that the miner has paid (or shortly will pay) for the full 2026 financial year (FY 2026).

At the current share price, BHP stock trades on a fully-franked dividend yield (partly trailing and partly pending) of 3.7%.

And looking ahead, Morgans’ Damien Nguyen forecasts more outperformance to come from Australia’s biggest miner and the biggest stock on the ASX by market cap (courtesy of The Bull).

Here’s why.

Should I buy BHP shares today?

“BHP offers exposure to a portfolio of high-quality mining assets and remains well positioned to benefit from long term demand for copper and other critical minerals,” Nguyen said.

Citing the first reason you might want to buy BHP shares today, he said, “A strong operating performance, healthy cash generation and a disciplined approach to capital allocation continue to support the investment case.”

Nguyen added:

BHP appeals for potential capital growth, income and for diversified resources exposure. The company posted an attributable profit of US$9.8 billion in full year 2026, up 9% on the prior corresponding period. Revenue of US$58.8 billion was up 15%.

Then there’s BHP growing investment and returns from its copper mining operations.

“While iron ore remains important, increasing copper exposure provides leverage to electrification and decarbonisation trends,” Nguyen said.

Indeed, for FY 2026, the ASX 200 miner reported a 48% year-on-year increase in underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) from its copper division to US$18.2 billion.

That represented 54% of the miner’s full-year earnings. And it marked the first time its copper division accounted for the majority of BHP’s full-year earnings, taking that mantle from its iron ore operations.

As for the third reason you might want to buy BHP shares today, Nguyen concluded, “BHP recently declared a final fully franked dividend of 99 US cents a share.”

That equates to AU$1.392 per share (according to CommSec).

And that final passive income payout is still up for grabs.

If you want to bank the final BHP dividend, you’ll need to own shares at market close on Wednesday, 2 September. BHP trades ex-dividend on Thursday. You can then expect to be paid on 23 September.

The post Up 56%! 3 reasons to still buy BHP shares today 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 recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.