Flight Centre Travel Group Ltd (ASX: FLT) and Commonwealth Bank of Australia (ASX: CBA) shares have both lost ground over the past full year, while the S&P/ASX 200 Index (ASX: XJO) has gained 1.8%.

On Monday, Flight Centre shares were trading for $11.54 apiece. That sees shares in the ASX 200 travel stock down 6% over 12 months.

Though that doesn’t include the two fully-franked dividends totalling 42 cents a share Flight Centre paid eligible stockholders over this time. Flight Centre trades on a full-franked 3.6% dividend yield.

As for CommBank, shares in the ASX 200 bank stock were recently trading for $161.06 each. This sees the CBA share price down 4.3% over 12 months.

CBA also paid two fully-franked dividends over the past year, totalling $5.05 a share. CBA stock trades on a 3.1% fully-franked trailing dividend yield.

And looking ahead, Medallion Financial Group’s Stuart Bromley believes both big-name ASX 200 stocks are likely to keep underperforming in the upcoming months (courtesy of The Bull).

Here’s why.

Time to sell CBA shares?

“CBA remains Australia’s highest quality major bank,” Bromley said.

He noted:

The company posted cash net profit after tax of $10.982 billion in full year 2026, up 7 per cent on the prior corresponding period. The full year dividend of $5.05, fully franked, is up 4 per cent.

However, Bromley issued a sell recommendation on CBA shares.

He explained:

Despite the strong result, we believe the valuation is stretched, particularly as higher interest rates weigh on housing activity and credit growth. CBA shares were recently trading at historically elevated valuations compared to global peers. Better valuation opportunities exist elsewhere.

As for CBA’s passive income potential, Bromley concluded, “The recent dividend yield of 3.16 per cent lacks appeal.”

Which brings us back to…

Time to exit Flight Centre shares?

Atop his bearish outlook for CBA shares, Bromley also issued a sell recommendation on Flight Centre shares.

According to Bromley:

The global travel agency group delivered record total transaction volumes in full year 2026. However, underlying profit before tax of $278 million declined by 4 per cent as Middle East disruption weighed heavily on the leisure business.

We view geopolitical uncertainty, airline capacity constraints and softer consumer conditions as headwinds. We see better risk-adjusted opportunities elsewhere.

Commenting on the impact of the Iran war last month, Flight Centre CEO, Graham Turner said:

In Q4, the Middle East conflict disrupted travel patterns, That was an external shock, not a change in the leisure business’s underlying strength, and momentum is already returning, with July TTV at record levels for the month.

Flight Centre shares closed down 7.4% when the company reported those results on 26 August.

The post Sell alert! Why this expert is calling time on Flight Centre and CBA shares 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 Flight Centre Travel Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

ASX consumer staples stock Select Harvests Ltd (ASX: SHV) is set to benefit from tailwinds over the next 12 months according to a new report from Bell Potter. 

Select Harvests is an integrated grower, processor and marketer of almonds owning and operating farming and processing assets in Australia. 

It offers a vertically integrated model with core capabilities in farming, processing and marketing.

The company has experienced some significant volatility over the past 12 months. Its share price has fluctuated between highs of $5.20 and lows of $3.50. 

It currently sits on the high end of this range, closing trading yesterday at $4.90. 

However, the team at Bell Potter believe it could be set for significant growth in the next year. 

Almond prices continue to strengthen 

According to a new report from Bell Potter, almond prices have continued to strengthen, implying upside to consensus FY27e expectations. 

US almond prices are up around 20% since SHV’s 1H26 results, driven by smaller kernels and expectations that US production will again fall short of USDA forecasts.

While the price increase is unlikely to have much impact on FY26 earnings, it significantly improves the FY27 outlook. 

Bell Potter believes consensus pricing of around A$10/kg is too conservative compared with current spot prices of about A$12/kg.

Input costs are starting to ease, although Bell Potter remains cautious because the company has already locked in fertiliser costs for FY27 and water costs/requirements may remain elevated due to the drier seasonal outlook. They expect costs to move closer to long-term averages from FY28.

Based on this guidance, Bell Potter has increased its almond price assumptions, resulting in FY27 EPS being upgraded by 20% and FY28 EPS by 5%. 

Target price rises 

The broker has subsequently raised its target price to $6.05 (previously $5.30). 

From current levels, this indicates an upside potential of 23% for this ASX consumer staples stock.

Almond prices are strengthening and the SHV share price has lagged this move, continuing to trade below its market backed asset value of ~$5.30ps. At spot almond price levels, we would estimate FY27e EPS in a range of 53-72¢ps based on production guidance comparable to FY26e (i.e. 28,000-31,000kt), a level materially higher than the current consensus EPS level of ~37¢ps. The longer-term almond thematic has always been the key attraction to SHV, however, there is the scope for a near term sugar hit should the current positive market backdrop remain in place.

The post This ASX consumer staples stock is tipped to rise 23%: Expert 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.

Few ASX blue-chip stocks have delivered a more dramatic rollercoaster ride than WiseTech Global Ltd (ASX: WTC) shares.

The logistics software company’s shares have traded as high as $135 and as low as $28.76 — an almost 80% peak-to-trough collapse.

At around $36.26, the stock remains near its lows after falling roughly 62% over the past year. Yet several brokers continue to see substantial upside.

So, what are they seeing that the market isn’t?

The rally that ran out of steam

For much of August, WiseTech shares looked ready for a comeback.

The stock jumped 25% during the first three weeks, reaching $45.47 on 25 August. Then the FY26 result arrived, and the recovery quickly lost momentum.

Since reporting, shares have fallen around 20%, taking them a long way from the $100-plus levels seen a year ago.

But the numbers themselves weren’t disastrous. WiseTech reported a 46% increase in EBITDA to US$558.4 million for FY26. That landed within management’s US$550 million to US$585 million guidance range, although it fell slightly below the US$569.5 million market forecast.

For FY27, management expects revenue to grow 6% to 10%, reaching US$1.48 billion to US$1.54 billion. Underlying EBITDA is forecast to increase 12% to 21%, with margins improving to 49% to 51%.

A global leader with a credibility problem

The price collapse of WiseTech shares isn’t simply a story about deteriorating demand.

WiseTech’s CargoWise platform remains a major logistics software system used by the world’s top 25 freight forwarders, including Toll and DHL.

That gives the company exposure to powerful long-term trends, including the digitalisation of global trade and increasing complexity across international supply chains.

The bigger challenges have been investor confidence, governance concerns and regulatory issues. That’s why FY27 execution matters so much.

What do brokers think?

Several brokers remain firmly bullish.

Morgans retained its buy rating with a $62.50 price target, while Morgan Stanley maintained its buy rating and $70 target. That represents potential upside of almost 93% from $36.26.

Bell Potter also retained its buy rating on WiseTech shares, despite cutting its target from $71.75 to $65.

In our view the issue with the result was the guidance and, in particular, the expected 45%/55% H1/H2 split in CargoWise revenue this year which implies mid single digit growth in H1 and strong double digit growth in H2. While we reflect this skew in our forecasts, we adjust for the risk in our valuation by reducing the multiples we apply in the PE ratio and EV/EBITDA and also increasing the WACC we apply in the DCF. The net result is a 9% decrease in our TP to $65.00 and we retain the BUY.

Citi lifted its target from $55.05 to $58.75, while UBS reduced its target from $65 to $56 but retained its buy recommendation. Macquarie has an outperform rating and $48.20 target.

But not everyone is convinced. Jefferies downgraded WiseTech to hold with a $45 target, while JPMorgan also has a hold rating and $40 target.

At $36.26, that enormous spread tells investors something important: the market remains deeply divided.

Foolish takeaway

The bull case rests on WiseTech converting its strong underlying position into faster growth and expanding margins. The bear case of WiseTech shares is that investor concerns and slower near-term growth deserve a much lower valuation.

For now, brokers appear more optimistic than the share price suggests. But WiseTech will need to deliver on its FY27 ambitions before the bulls can claim victory.

The post WiseTech shares are down 62%. Why are brokers still bullish? appeared first on The Motley Fool Australia.

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