Tag: Stock pick

Rio Tinto Ltd (ASX: RIO) shares are back in focus on Tuesday after climbing to a new all-time high at market open.

The mining giant’s shares are currently up 1.8% to $175.16, after briefly touching $175.82 earlier in the session. By comparison, the S&P/ASX 200 Index (ASX: XJO) is 0.6% higher to 8,977 points.

That gain leaves the stock up about 20% in 2026 and more than 58% over the past 12 months, among the sector’s strongest runs.

With the shares now sitting at the top of their 52-week range, the market appears to be backing stronger commodity prices and a broader earnings base.

Here’s what could be driving the latest move.

Copper strength is adding a new growth layer

A big part of the recent optimism appears tied to copper.

While Rio Tinto remains best known for its Pilbara iron ore operations, copper has become a much larger contributor to earnings over the past year.

At its full-year 2025 results, the miner revealed that copper earnings had doubled and were contributing close to 30% of group profits. The increase was driven by stronger prices and increased production at Oyu Tolgoi.

Copper also remains a long-term market favourite, with electrification, data centres, grid investment, and EV demand continuing to support sentiment.

Investors may also be increasingly viewing Rio Tinto as more than an iron ore business, with its broader commodity mix adding to the growth outlook.

Iron ore is still doing the heavy lifting

Even with copper growing quickly, iron ore remains the key earnings engine.

Prices around the US$100 per tonne mark have stayed firmer than many analysts expected heading into 2026. That is helping support cash generation from Rio’s low-cost Pilbara operations.

The strong cash flow continues to support dividends, expansion plans, and the balance sheet.

The market is also watching Simandou in Guinea closely, with the project remaining one of the world’s most significant long-term iron ore developments.

Foolish Takeaway

I still think Rio Tinto remains one of the highest-quality large-cap miners on the ASX. The latest record high reflects growing confidence in its earnings base from investors.

Iron ore is still driving strong cash flow and dividends. Copper is also giving the business a stronger long-term growth angle tied to electrification and grid demand.

After a 20% gain this year and another record high, the easy re-rating may already be behind it. From here, I would expect gains to be steadier and more closely tied to commodity prices and project execution.

The post Why Rio Tinto shares just hit a new record high on Tuesday appeared first on The Motley Fool Australia.

More reading

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• Monadelphous wins $145m of new and renewed resources sector contracts
• Buy, hold, sell: Coles, Endeavour, and Rio Tinto shares
• Buying ASX 200 mining shares? Here’s how Rio Tinto, Fortescue and BHP stacked up in March
• $7,500 invested in Rio Tinto shares 10 days ago is now worth…

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 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.

It has been a tough period for ASX growth shares, particularly in the software space.

A big part of that has been the market’s growing focus on artificial intelligence (AI). Investors are trying to work out which businesses will benefit, which may be disrupted, and how quickly those changes could play out.

That uncertainty has weighed heavily on sentiment.

In many cases, it has led to sharp valuation resets, with several software-focused companies now down more than 50% from their 52-week highs.

Here are three that I think are worth revisiting.

Life360 Inc. (ASX: 360)

Life360 has seen a significant pullback and is down 66% from its high. This is despite continuing to expand its platform.

The company operates a location-based app that focuses on safety and connectivity for families. Over time, it has been shifting toward a subscription model, which can create more predictable revenue.

What stands out to me is how the AI narrative has affected sentiment. While Life360 is not a traditional enterprise software company, it still sits within the broader tech ecosystem. As investors reassess which digital platforms will benefit from AI and which could face pressure, companies like Life360 have been caught in that shift.

At the same time, the business continues to grow its user base and monetisation.

If it can keep executing on that transition to subscriptions and building its moat, I think there is a case that the share price weakness has created a compelling buying opportunity.

Xero Ltd (ASX: XRO)

Xero has been one of the more obvious examples of this trend. As a cloud-based accounting software provider, it sits directly in the line of fire when it comes to AI disruption concerns.

Investors are asking valid questions. Could AI automate parts of the accounting process? Could it reduce the need for traditional software platforms? And how will companies like Xero adapt?

Those questions have contributed to the de-rating. But I think it is also important to consider the other side.

Xero is deeply embedded in the operations of small and medium-sized businesses. It is not just a tool, it is part of how those businesses run day to day.

That creates switching costs and supports recurring revenue.

Over time, I think the more likely outcome is that AI becomes an enhancement rather than a replacement, but that is something the market is still trying to price in.

WiseTech Global Ltd (ASX: WTC)

WiseTech has also been caught up in the same shift. The company develops logistics software that is used across global supply chains, and like Xero, it has a deeply embedded product.

But again, AI disruption fears have weighed on sentiment. Investors are questioning how emerging technologies might change the competitive landscape, particularly in software-heavy businesses. That has contributed to a significant pullback in the share price.

At the same time, the underlying need for logistics software has not changed. Global trade remains complex, and managing supply chains requires increasingly sophisticated systems.

For me, that suggests the long-term demand is still there, even if the market is reassessing how that demand will be met.

Foolish takeaway

The selloff in software shares this year has not happened in a vacuum. AI disruption fears have played a major role, leading investors to reassess valuations across the sector.

That has created sharp declines in companies like Life360, Xero, and WiseTech.

The key question now is whether those concerns are overstated or justified. If these businesses can adapt and incorporate new technologies into their platforms, the current weakness could prove to be an incredible opportunity.

The post Have these top ASX shares been sold off too far? appeared first on The Motley Fool Australia.

More reading

• Why Boss Energy, Macquarie, Nova Minerals, and WiseTech shares are storming higher today
• These 3 ASX 200 stocks hit a 52-week low: Buy, sell or hold?
• 3 quality ASX shares I’d buy while everyone else is nervous
• 3 ASX 200 shares I would buy immediately if the market dips again
• Why are Life360 shares sliding to fresh lows today?

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 positions in and has recommended Life360, WiseTech Global, and Xero. The Motley Fool Australia has positions in and has recommended Life360, WiseTech Global, and Xero. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

ASX stock Cleanaway Waste Management Ltd (ASX: CWY) is under pressure on Tuesday. The waste management giant dropped after warning investors of a hit to earnings, sending the stock closer to its 52-week low.

During afternoon trade, the share price fell by 2.2% to $2.28, just a fraction above the 52-week low of $2.23 recorded at the end of March.

So, what’s behind the sell-off?

A $20 million hit

It comes down to costs and geopolitics. The ASX stock revealed it expects a $20 million EBIT hit, driven by the ongoing conflict in the Middle East and elevated fuel, supplier, and logistics costs.

That has forced management to trim its FY26 earnings guidance, now forecasting EBIT between $460 million and $480 million, down from the previous $480 million to $500 million range.

That downgrade was enough to rattle investors.

Fuel levies, indexed picing

But the situation isn’t as straightforward as it first appears. While costs are rising, Cleanaway isn’t simply absorbing the hit. The company has built-in protections through contractual cost pass-through mechanisms, allowing the ASX stock to recover a significant portion of higher fuel expenses over time. Many of its customer agreements include fuel levies or indexed pricing, which adjust as input costs change.

There’s just a catch — timing. Most of these pricing adjustments don’t flow through immediately. Cleanaway expects the bulk of contract repricing to take effect by 1 July 2026, meaning there’s a lag between when costs rise and when they are recovered.

That’s why the current hit is being framed as largely temporary rather than structural.

No fuel supply issues

Importantly, the company also confirmed there are no fuel supply issues across its operations, despite the volatile global backdrop. It continues to benefit from a long-term strategic partnership with a major fuel supplier, helping secure access to competitively priced fuel during this period of disruption.

Still, uncertainty remains. The Middle East conflict isn’t just pushing up costs. It’s also weighing on activity levels in that region. Lower project activity has contributed to the earnings impact and could remain a headwind if conditions don’t stabilise.

Looking ahead, management of the ASX stock is focused on navigating the volatility. That includes tightening operational efficiency, optimising its fleet, and leveraging procurement strategies to manage costs more effectively.

The expectation is that as fuel markets settle and contracts reset, margins should recover.

What next for the ASX stock?

For now, the market is focused on the near-term hit.

And that’s been reflected in the share price performance. Over the past 12 months, Cleanaway shares are down almost 13%, lagging the S&P/ASX 200 Index (ASX: XJO), which has risen around 15% over the same period.

Cleanaway’s earnings downgrade has spooked investors, pushing the ASX stock lower. But much of the pressure appears tied to timing and external factors rather than a breakdown in the business model.

If cost recovery flows through as expected, this could prove to be a short-term setback rather than a long-term shift. For now, though, the market isn’t waiting around to find out.

The post Why is this $5 billion ASX stock sliding to a 52-week low today? appeared first on The Motley Fool Australia.

More reading

• Why Westpac, Cleanaway and Qantas shares are catching ASX investor interest on Tuesday
• Cleanaway Waste Management trims FY26 outlook on fuel challenges
• 6 ASX All Ords shares at 52-week lows: Experts say buy

Motley Fool contributor Marc Van Dinther 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 S&P/ASX 200 Index (ASX: XJO) has climbed 5.5% higher over the past month, regaining some of the losses shed after the index tumbled over 9% in early March. Here are three ASX 200 shares that have helped drive the index higher over the past month, and they’re all tipped to keep climbing.

Goodman Group (ASX: GMG)

Goodman shares are trading 2.7% higher at $28.32 at the time of writing on Tuesday afternoon. After tumbling over 19% between mid-February and late-March, the shares have recovered 10.8% of their value over the past two weeks. The shares are still 8.2% lower for the year to date, but they’re 0.7% above this time last year.

Goodman shares faced headwinds amid concerns about Australia’s interest rate direction, high borrowing costs, and overall investor uncertainty. 

There is also broad weakness across the property sector, and the slump in investor confidence has flowed through to the company’s latest earnings results. 

But it doesn’t look like the downturn is here to stay.

Brokers rate the ASX 200 shares as a strong buy and tip an average target price of $35.34 over the next 12 months. At the time of writing, that implies a potential 35.51% upside. 

AMP Ltd (ASX: AMP)

AMP shares are up 0.36% at the time of writing on Tuesday, to $1.40 a piece. The latest uptick means the shares are now 14.4% higher over the past month and 27% higher than just one year ago. 

AMP shares crashed over 26% off the back of a disappointing financial results announcement in February. Meanwhile, ongoing geopolitical tensions and concerns that surging oil prices will push Australia’s inflation data higher have weighed heavily on financial stocks like AMP over the past month.

But since bottoming close to a 52-week low in mid-March, they’ve finally started rebounding. AMP recently confirmed it will undertake an on-market buyback of up to $150 million of ordinary shares, and Blair Vernon has officially stepped into the CEO role. Sentiment could well follow suit.

Brokers have a strong buy rating on the ASX 200 shares and tip a potential 36.19% upside to $1.75 per share, at the time of writing.

Bellevue Gold Ltd (ASX: BGL)

Bellevue Gold shares are also down slightly today, by 0.75% to $1.72 per share. Many ASX gold stocks crashed in mid-March thanks to a sizable retreat in gold prices, and Bellevue wasn’t immune. 

After dropping to a four-month low in late March, the shares have climbed 37.7% higher at the time of writing. But the gold miner’s shares are also up an enormous 91.3% from just one year ago.

Brokers seem to think they can keep climbing higher, too. They have a strong buy rating on the ASX 200 shares and tip a 35.3% upside to $2.07 per share over the next 12 months.

The post 3 ASX 200 shares tipped to climb another 35% 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 positions in and has recommended Goodman Group. 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.

Origin Energy Ltd (ASX: ORG) shares are down 0.1% to $12.36 on Tuesday, while the S&P/ASX 200 Index (ASX: XJO) is up 0.3%.

The Origin Energy share price is up 9% in the year to date and up 22.5% over the past 12 months.

Origin Energy produces and sells natural gas and electricity to wholesale and retail customers in Australia and overseas.

This ASX 200 utilities stock has fluctuated in price over the past year.

Origin Energy shares traded at a 52-week low of $9.96 in May 2025 and lifted to an annual high of $13.13 in August 2025.

By early 2026, the stock had experienced a gradual decline back into the high $10 range before regaining some momentum.

During earnings season in February, Origin Energy reported a substantial fall in profit for 1H FY26 compared to 1H FY25.

Statutory profit was $557 million in 1H FY26, down from $1,017 million in 1H FY25.

Underlying profit was $593 million, down from $924 million in 1H FY25.

Origin Energy shares: 3 views

Expert views on this ASX 200 utilities stock are currently mixed.

Jed Richards from Shaw and Partners is buy-rated on Origin shares.

Richards likes the company’s attractive income profile and leveraged exposure to Australia’s changing energy market.

He commented on The Bull this week:

The company benefits from scale in electricity generation and retailing, while its yield remains appealing in a market still sensitive to income certainty.

That said, regulatory risk and energy price volatility remain key risks.

We see Origin as well placed to balance defensive income characteristics with longer term opportunities tied to the domestic energy transition.

Ord Minnett thinks investors in Origin Energy shares should hang on to them for now.

After reviewing Origin’s 1H FY26 report, the broker said:

… we remain cautious on Origin given the headwinds we see – increased capital expenditure to maintain APLNG production, ongoing bad debt problems at Octopus, weaker wholesale electricity pricing, and a likely fall in spot LNG prices – and remain at Hold.

The broker noted that Origin had exceeded its expectations for December-quarter LNG production and revenue, and average realised price.

However, Ord Minnett is concerned about future performance:

The stronger realised pricing in the quarter was likely driven by sales into the spot LNG market, in our view, and raises a question over whether the performance can be repeated in coming quarters considering weak domestic gas demand.

Volumes in Origin’s electricity and gas volumes in its energy markets division were weak, with retail volumes stable but business demand falling.

Last week, Ord Minnett reiterated its hold rating but raised its 12-month price target from $11 to $11.10.

Morgan Stanley has a similar price target to Ord Minnett but a sell rating on the stock.

Last week, Morgan Stanley analyst Richard Koh reiterated his sell rating on Origin Energy shares.

Koh also shaved his 12-month price target down from $11.11 to $11.07.

The post Origin Energy shares: Experts argue the case to buy, hold, and sell appeared first on The Motley Fool Australia.

More reading

• 3 reasons to buy Origin Energy shares today
• Buy, hold, sell: AGL, Origin Energy, and Woodside shares
• How much would I need to invest in ASX shares to earn $1,000 in passive income every month?
• Natural gas jumps 6% overnight. Which ASX gas giants stand to benefit?
• Passive income investors: These 3 ASX dividend shares pay 5% to 6%

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 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.

If you are looking to put money to work this month, ASX ETFs can offer a simple way to tap into powerful global trends.

Rather than trying to pick individual winners, these funds give you exposure to entire industries and regions that are shaping the future. The key is finding ETFs with strong tailwinds and unique angles that could drive long-term growth.

Here are three fantastic ASX ETFs to consider right now.

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

The first ASX ETF that stands out is the BetaShares Asia Technology Tigers ETF.

While many investors focus heavily on US tech, this fund offers exposure to a different engine of global growth. It targets leading technology companies across Asia, a region with rapidly expanding digital economies and massive populations.

Key holdings include Tencent Holdings (SEHK: 700), Taiwan Semiconductor Manufacturing Company (NYSE: TSM), and Alibaba Group (NYSE: BABA).

What makes the BetaShares Asia Technology Tigers ETF interesting right now is the potential for a shift in sentiment. Asian tech has lagged in recent years due to regulatory and macro concerns, but the long-term growth story remains intact.

If conditions stabilise, this could be a part of the market that surprises on the upside.

The team at BetaShares recently recommended this fund.

VanEck Video Gaming and Esports ETF (ASX: ESPO)

Another ASX ETF that could be worth considering is the VanEck Video Gaming and Esports ETF.

This fund is not just about gaming in the traditional sense. It is a play on interactive entertainment, digital ecosystems, and how people spend their time and money online.

Its holdings include NVIDIA (NASDAQ: NVDA), Nintendo, and Roblox (NYSE: RBLX).

What sets this ETF apart is its exposure to both the creators and enablers of gaming. From chipmakers powering graphics to developers building immersive experiences, it captures the full value chain.

As gaming continues to evolve into a global, always-on form of entertainment, the VanEck Video Gaming and Esports ETF offers a way to participate in that shift.

This fund was recently recommended by analysts at VanEck.

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

A third ASX ETF that looks compelling is the Betashares Global Robotics And Artificial Intelligence ETF.

This fund provides exposure to companies leading the automation and AI revolution. This includes businesses involved in robotics, machine learning, and industrial automation.

Among its holdings are Intuitive Surgical (NASDAQ: ISRG), Keyence Corporation, and ABB Ltd (SWX: ABBN).

Rather than focusing on a single application of AI, this ETF spreads exposure across multiple industries where automation is becoming essential.

From manufacturing to healthcare, these technologies are transforming how work gets done. That gives the Betashares Global Robotics And Artificial Intelligence ETF a broad and durable growth runway.

This fund was also recently recommended by analysts at BetaShares.

The post 3 fantastic ASX ETFs to buy this month appeared first on The Motley Fool Australia.

More reading

• Is this the best Vanguard ETF money can buy right now?
• 3 ASX ETFs for investors in their 30s
• 3 BetaShares ETFs I think can beat the market over 5 years
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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 Abb, Intuitive Surgical, Nvidia, Roblox, Taiwan Semiconductor Manufacturing, and Tencent. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Alibaba Group and Nintendo and has recommended the following options: long January 2028 $520 calls on Intuitive Surgical and short January 2028 $530 calls on Intuitive Surgical. The Motley Fool Australia has recommended Nvidia. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The S&P/ASX 200 Index (ASX: XJO) has followed Wall Street’s lead and is pushing higher on Tuesday. In afternoon trade, the benchmark index is up 0.45% to 8,964 points.

Four ASX shares that are rising more than most today are listed below. Here’s why they are racing higher:

Boss Energy Ltd (ASX: BOE)

The Boss Energy share price is up almost 8% to $1.73. This is despite there being no news out of the uranium producer today. However, it is worth noting that most uranium stocks are rallying today. And with short sellers having a high level of interest in Boss Energy shares, some could be buying shares to close positions.

Macquarie Group Ltd (ASX: MQG)

The Macquarie share price is up almost 4% to $232.24. This appears to have been driven by a bullish broker note out of Morgan Stanley this morning. According to the note, the broker has upgraded the investment bank’s shares to an overweight rating with an improved price target of $270. The broker believes that Macquarie is well-placed to benefit from volatility in commodity markets. And while it concedes that its shares are not cheap, it still sees potential for a meaningful re-rating thanks to its positive earnings growth outlook. Morgan Stanley’s price target implies potential upside of 16% over the next 12 months.

Nova Minerals Ltd (ASX: NVA)

The Nova Minerals share price is up almost 10% to 75.2 cents. Investors have been buying this gold explorer’s shares following the release of drilling results from its flagship Estelle Gold and Critical Minerals Project, which is located in the prolific Tintina Gold Belt in Alaska. Management stated: “The 2025 surface sampling at Portage Pass has outlined a broad gold anomaly just over the ridge from the established Korbel deposit. The proximity to existing resources and proposed infrastructure makes Portage Pass particularly compelling. These early results reinforce our belief that the greater Estelle district continues to deliver new opportunities with real upside potential.”

WiseTech Global Ltd (ASX: WTC)

The WiseTech Global share price is up 6% to $39.38. The catalyst for this has been a strong night of trade on Wall Street’s Nasdaq index for software stocks. WiseTech isn’t alone with its rise today. Most tech stocks are rising today. This has led to the S&P/ASX All Technology Index is up 2.55% at the time of writing.

The post Why Boss Energy, Macquarie, Nova Minerals, and WiseTech shares are storming higher today appeared first on The Motley Fool Australia.

More reading

• The ASX shares I’d buy and forget about for 10 years
• 3 quality ASX shares I’d buy while everyone else is nervous
• $5,000 to invest? 3 ASX shares that could be no-brainer buys right now
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Motley Fool contributor James Mickleboro has positions in WiseTech Global. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group and WiseTech Global. The Motley Fool Australia has positions in and has recommended Macquarie Group and WiseTech Global. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The S&P/ASX 200 Index (ASX: XJO) has climbed nearly 6% higher in the first two weeks of April, after dropping 8% through March. But some stocks are travelling in the opposite direction.

Harvey Norman Holdings Ltd (ASX: HVN), Life360 Inc (ASX: 360) and Super Retail Group Ltd (ASX: SUL) are three ASX 200 shares which have dropped to a 52-week low recently.

Here’s a rundown of what has pushed their share prices lower, and what we can expect next.

The ASX 200 shares to buy

Harvey Norman shares hit a fresh 52-week low of $4.66 at the time of writing on Tuesday lunchtime. The share price also dropped over 12% in February alone and has continued to tumble another 13% through March. The trend has continued through the first two weeks of April too.

It looks like investors quickly took their profits off the table in late-February after Harvey Norman shares enjoyed a strong rally through late 2025.

But the retail giant has faced strong headwinds over the past year off the back of renewed concerns about rising inflation and how that will impact consumer spending. Tighter household budgets mean Australians are spending less discretionary items this year.

Market Index data shows that brokers now think the shares are below fair value. They rate the ASX 200 stock as a buy with an average target price of $6.29. That implies a potential 35.2% upside at the time of writing.

Another beaten-down ASX 200 stock that brokers are even more positive about is Life360. The US-based software development company’s shares fell to a 52-week low of $17.91 at close of the ASX on Monday afternoon. 

The shares have rebounded today, climbing 4.4% to $18.70 at the time of writing, but they’re still 42.4% lower for the year-to-date and over 66% lower since the stock peaked at an all-time high of  $55.87 recorded in October last year. 

The ASX 200 stock has suffered a volatile few months after it was caught up in the tech-sector-wide sell-off. This was driven by a growing fear that companies’ core services could be replaced by AI. At the same time, there was concern that tech sector share prices, including Life360, had become overinflated.

But brokers are very bullish that the share price could start soaring higher. They have a strong buy consensus rating with the potential to climb 91.5% to $35.78, at the time of writing.

And one to hold

Just because an ASX 200 stock has fallen to a 52-week low, it doesn’t necessarily mean it’s below fair value.

For example, Super Retail Group shares closed at a one-year low of $12.50 when the bell sounded on the ASX on Monday afternoon. While the shares have climbed 1.5% at the time of writing today, to $12.69, they’re still down nearly 20% for the year-to-date.

The share price has tumbled since August last year off the back of declining revenue figures, tighter margins and rising operating costs. Higher inflation is also dampening consumer spending, which affects the company’s margins.

While the shares have tumbled, brokers are hesitant about what to expect next. Market Index indicates brokers have a hold rating on the ASX 200 stock with a $16.44 target price. However, that still implies a 30% upside at the time of writing.

The post These 3 ASX 200 stocks hit a 52-week low: Buy, sell or hold? appeared first on The Motley Fool Australia.

More reading

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• Cleanaway Waste Management trims FY26 outlook on fuel challenges
• Westpac Banking Corporation: Items impacting first-half 2026 results
• 3 quality ASX shares I’d buy while everyone else is nervous
• 5 things to watch on the ASX 200 on Tuesday

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 positions in and has recommended Life360 and Super Retail Group. The Motley Fool Australia has positions in and has recommended Harvey Norman, Life360, and Super Retail Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

ASX All Ords gold share Ausgold Ltd (ASX: AUC) is charging higher today.

Ausgold shares closed yesterday trading for 94 cents. In early afternoon trade on Tuesday, shares are changing hands for 97 cents apiece, up 3.2%.

For some context, the All Ordinaries Index (ASX: XAO) is up 0.6% at this same time.

The ASX All Ords gold share looks to be catching tailwinds on two fronts today.

First, the gold price is up 0.7% overnight to US$4,773 per ounce. This comes amid news that the US and Iran may return to the negotiating table.

Investors are also buying Ausgold shares today after the miner released a promising exploratory drilling update.

Here’s what we know.

ASX All Ords gold share lifts on high-grade results

Before market open this morning, Ausgold reported on assay results from extensional and in-fill drilling within the Central Zone at its 100%-owned Katanning Gold Project (KGP), located in Western Australia.

The drill results stem from the ASX All Ords gold share’s current 54,000 metre reverse circulation (RC) and diamond drilling (DD) campaign. 46,717 metres of that campaign, comprising of 328 holes, have been completed to date.

Ausgold is targeting resource growth at KGP, supporting potential for future reserve conversion and improving the company’s confidence in early mine life areas. The miner is also targeting new discoveries across its 3,000 square kilometre tenure.

While the miner is still waiting for the results of some 15,349 metres of drill holes, today it revealed it had received results with “significant intercepts” from 77 RC and diamond drill-holes.

Among the top results, the ASX All Ords gold share reported 11 metres at 7.88 grams of gold per tonne from 99 metres, including 2 metres at 41.25 grams of gold per tonne from 100 metres.

As second hole returned 21 metres @ 3.27g/t from 105 metres, including 14 metres @ 4.69g/t from 110 metres.

What did Ausgold management say?

Commenting on the results helping to boost the ASX All Ords gold share today, Ausgold executive chairman John Dorward said, “The ongoing drilling campaign continues to deliver exceptional results across multiple fronts at the Katanning Gold Project.”

Dorward added, “The consistency of high-grade results from both in-fill and extensional drilling continues to strengthen the Katanning growth story.”

Looking to what ASX investors might expect ahead, Dorward said:

With extensions of the mineralisation confirmed beneath the DFS Update pits and outside current reserves, we see a clear opportunity to grow the production base and extend mine life, while simultaneously optimising the early years of production.

With regional drilling at Nanicup Bridge now complete, we are looking forward to reporting results from this exciting satellite project along with the balance of results from the KGP.

The post Why investors are buying this ASX All Ords gold share 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 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.

A2 Milk Co Ltd (ASX: A2M) shares are slipping today.

Shares in the S&P/ASX 200 Index (ASX: XJO) dairy company closed down a sharp 12.0% yesterday, at $8.04. During the Tuesday lunch hour, shares are changing hands for $7.95 apiece, down 1.1%.

For some context, the ASX 200 is up 0.6% at this same time.

Before we look at whether now could be an opportune time to buy the dip in the infant formula stock, let’s see why investors were favouring their sell buttons on Monday.

Why did the ASX 200 stock tumble on Monday?

Almost 9.4 million A2 Milk shares swapped hands yesterday, with the ASX 200 stock, as mentioned up top, ending the day down 12.0%.

This came after the company released a trading update highlighting supply and product availability issues in its key China market.

Unexpected headwinds included tighter Chinese customs requirements as well as rising air and sea freight costs amid surging global energy prices.

As The Motley Fool reported yesterday, “While these supply chain disruptions are largely considered temporary, they are expected to materially affect fourth quarter sales, particularly during April and May.”

In light of this, management downgraded the company’s full year FY 2026 revenue growth forecast to be in the low to mid double-digit percent range. That’s down from prior guidance of mid-double digit percent revenue growth.

Earnings are also likely to take a hit, with FY 2026 earnings before interest, taxes, depreciation and amortisation (EBITDA) margin guidance lowered to 14.0% to 14.5%. That’s down from the prior guidance of 15.5% to 16.0%.

Which brings us back to our headline question…

Is now a good time to buy A2 Milk shares?

Following on Monday’s update, the team at Citi ran their slide rule back over A2 Milk shares (courtesy of The Australian Financial Review).

Commenting on the company’s supply chain issues, Citi analyst Sam Teeger said:

We see risk that these constraints may persist for longer than expected, and even when they are resolved, it may not be easy or cheap for a2 to win back consumers who have switched to competitor brands.

Atop A2 Milk potentially losing market share amid these largely external constraints, Teeger added, “The stock’s valuation also doesn’t leave much scope for anything but flawless execution.”

Citi reduced its FY 2026 earnings forecast for A2 Milk by 9%, and reduced the ASX 200 stock to a neutral rating.

The broker also cut its target price for A2 Milk shares by 20% to $8.40. Still, that’s 5.7% above the current share price.

The post Should you buy the dip on A2 Milk shares today? appeared first on The Motley Fool Australia.

More reading

• What is Bell Potter saying about A2 Milk shares after the selloff?
• 5 things to watch on the ASX 200 on Tuesday
• Why A2 Milk, Metallium, Northern Star, and St Barbara shares are sinking today
• Why are A2 Milk shares sinking 18% today?
• The a2 Milk Company lowers FY26 guidance amid supply chain challenges

Citigroup is an advertising partner of Motley Fool Money. 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.