Welcome to this week’s edition of 18 Share Tips: our weekly selection of top ASX shares, chosen by leading analysts, that we think are worth considering.
This week James Bills of Shaw and Partners, Christopher Watt of Bell Potter Securities, and Elio D’Amato of EnviroInvest share their ‘Buy’, ‘Hold’ and ‘Sell’ recommendations.
Please note these share tips are simply recommendations and are in no way intended as financial advice. These share tips are general advice and don’t take into account any individual’s financial situation. Investors are advised to seek professional financial advice before investing.
James Bills, Shaw and Partners
BUY RECOMMENDATIONS
BUY – AGL Energy (AGL)
The power generator has undergone a significant transformation in recent years. It’s improved the balance sheet, simplified operations and is positioned to benefit from Australia’s ongoing energy transition. The company continues to generate consistent cash flows, while investing in renewable generation and energy storage initiatives. AGL also offers an attractive dividend yield, providing investors with a combination of income and potential capital growth. The stock presents an appealing opportunity for long term investors.
BUY – Mineral Resources (MIN)
Mineral Resources offers exposure to iron ore and lithium, providing leverage to key commodities which are expected to play an important role in global infrastructure development and electrification. The company retains a high quality asset base, integrated mining service operations and significant long term growth potential. Its lithium portfolio is positioned to benefit from improving market conditions and increasing production volumes. For investors willing to tolerate cyclical volatility, recent price levels present an attractive risk-reward opportunity.
HOLD RECOMMENDATIONS
HOLD – Amcor PLC (AMC)
Amcor remains a global leader in packaging, supported by a diversified customer base, a defensive earnings profile and cash flow generation. The business benefits from steady packaging demand for products, including food, beverages, health care and consumer products. Diversity assists in reducing sensitivity to economic cycles. While earnings growth is expected to remain relatively modest, the company continues to provide investors with reliable income and operational stability. Given its defensive characteristics and attractive dividend yield, maintaining a hold position remains appropriate.
HOLD – Stockland (SGP)
This diversified property group provides exposure across residential communities, logistics assets, retail centres and land lease communities. The business is well positioned to benefit from Australia’s long term population growth and housing supply constraints, while its development pipeline supports future earnings growth. Higher interest rates have created some short term headwinds across the property sector. However, Stockland’s robust balance sheet and quality asset portfolio provide resilience. The current outlook supports retaining the position.
SELL RECOMMENDATIONS
SELL – APA Group (APA
The company continues to operate a high quality portfolio of energy infrastructure assets. Higher interest rates and elevated funding costs have reduced the appeal of traditionally defensive infrastructure investments. In our view, earnings growth is expected to remain relatively subdued, while regulatory and policy uncertainty surrounding Australia’s energy transition may create additional challenges over time. In our view, the stock has a relatively limited growth outlook compared to alternative opportunities within the market. Given its strong share price performance since January 2025, we believe it’s prudent to redeploy capital into investments offering potentially increasing returns.
SELL – Reece (REH)
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Reece is a plumbing supplies company. However, slower construction activity, softer housing markets and ongoing cost pressures may constrain earnings growth in the near term. Despite the company’s high-quality business model and management team, its valuation continues to reflect relatively high growth expectations. With more compelling opportunities available elsewhere, reducing exposure and re-allocating capital appears warranted.
General Advice Warning: The views expressed above are general in nature and do not take into account your personal financial objectives, situation or needs. You should consider whether this information is appropriate for you and seek personalised financial advice before acting on it.
Christopher Watt, Bell Potter Securities
BUY RECOMMENDATIONS
BUY – HUB24 (HUB)
HUB24 operates an investment platform used by financial advisers. Platform net inflows of $4.2 billion in the fourth quarter of 2026 were consistent with the prior corresponding period when excluding large migrations. Total funds under administration of $164.3 billion at June 30, 2026 was up 20 per cent on the prior corresponding period. Management’s medium term growth targets remain intact, supporting the case for upside from here.
BUY – Newmont Corporation (NEM)
Newmont is the world’s largest gold miner. Its free cash flow yield appears attractive at conservative gold price assumptions, and even more so if gold prices increase. It reported record second quarter free cash flow of $2.2 billion in fiscal year 2026. In July, the company announced it was on track to meet full year production guidance of 5.3 million attributable ounces. There’s execution risk from Ghana’s shifting regulatory environment and seismic disruption near its Cadia mine in New South Wales. But underlying operations remain solid and management appears to be navigating both issues well.
HOLD RECOMMENDATIONS
HOLD – WiseTech Global (WTC)
WiseTech develops and provides software solutions to the global logistics industry. Its core logistics software business is performing in line with guidance. The recent appointment of an independent chair is a credible step towards addressing governance concerns. In July, WTC announced it and major customer DSV were committed under an existing contract until September 2028 following speculation DSV was considering in-house alternative arrangements. The shares have bounced off a 12-month low of $28.76 on June 23 to trade at $39.57 on August 6.
HOLD – Amcor PLC (AMC)
The packaging giant holds market leading positions across consumer and health care products. Its presence extends to more than 40 countries. Amcor is managing input cost inflation well, passing through raw material increases faster than expected. However, volumes remain relatively soft and free cash flow is squeezed by elevated inventory levels held to protect customer supplies. Re-rating catalysts, including volume stabilisation and paying down debt, are visible on the horizon, but not yet confirmed in recent numbers.
SELL RECOMMENDATIONS
SELL – National Australia Bank (NAB)
This tier-1 bank is showing resilient volume growth despite an uncertain environment. Business and private banking lending balances increased 4 per cent in the June quarter when compared to the March quarter. The value of home lending applications was down 9 per cent quarter-on-quarter. The stock has performed strongly since June 11 when it was priced at $35.68. However, NAB has above average exposure to business banking compared to competitors, leaving it more exposed to any downturn in a slowing business economy. Investors may want to consider taking a profit.
SELL – Worley (WOR)
Worley provides engineering and project services across energy, chemicals and resources. In late June, Worley downgraded fiscal year 2026 guidance due to Middle East-related project delays and an adverse impact on currency translation. This has negatively and understandably impacted market confidence. The company expects the impact to underlying EBITA of up to $60 million, an increase from the previous estimate of $30 million to $40 million. Some market commentary suggests the downgrade is part of a sector-wide timing issue tied to geopolitical disruption rather than a Worley specific problem, and the medium term infrastructure and energy transition thesis remains credible. However, given near term earnings uncertainty, we prefer to sit on the sidelines. The shares have fallen from $13.06 on June 15 to trade at $10.98 on August 6, so investors may want to consider cashing in any gains.
Elio D’Amato, EnviroInvest
BUY RECOMMENDATIONS
BUY – Carnegie Clean Energy (CCE)
CCE is progressing CETO wave energy technology towards commercial deployment. The developing technology captures energy from ocean waves and converts it into electricity. A finance update in July extended a $2.5 million loan to June 2027, followed by a $2.5 million placement at 18 cents a share. This funding reduces near term pressure as Carnegie advances CETO and MoorPower. Wave energy remains earlier stage compared to wind or solar, so technical execution and future capital requirements remain important risks. However, recent third party validation, milestone receipts and fresh funding improve the pathway to commercialisation. For investors seeking direct exposure to ocean energy, CCE is a speculative buy.
BUY – LGI Limited (LGI)
LGI converts landfill biogas into renewable electricity. Australian carbon credit units give investors exposure to energy generation and methane abatement. LGI operates across 36 landfill gas sites, including nine renewable generation sites, while 20 sites create carbon credits. These are established assets rather than laboratory projects, supported by typically long term contracts with councils and landfill owners. Given operating scale, recurring infrastructure revenues and further suitable Australian landfills available, we rate LGI as a buy in response to recent price weakness driven by a reduction in wholesale power prices in New South Wales and Queensland.
HOLD RECOMMENDATIONS
HOLD – 1414 Degrees (14D)
The company has produced several encouraging milestones across energy storage, batteries and renewable infrastructure. The company also raised $8.45 million in June. In July, it signed a heads of agreement to develop up to 1 GW of AI data centre infrastructure at its Aurora Energy Precinct in South Australia. These developments expand the commercial opportunity, but the projects are still moving from technical achievement and non-binding agreements towards durable revenue. The environmental potential is significant, but execution risk and recent capital dilution justify a hold recommendation.
HOLD – Monadelphous Group (MND)
MND is a leading engineering group and is benefiting from investing in renewable infrastructure and conventional energy. It has secured contracts worth hundreds of millions of dollars in calendar year 2026. The renewable pipeline provides exposure to energy generation, storage and transmission, but the latest contract mix also shows continuing reliance on mining and gas-supported power infrastructure. The order book is strong, so we suggest existing investors continue holding the stock.
SELL RECOMMENDATIONS
SELL – Beach Energy (BPT)
The energy producer posted a statutory net profit after tax of $281 million in full year 2026 compared to a loss of $44 million in the prior corresponding period. However, production of 19.4 million barrels of oil equivalent was down 2 per cent in full year 2026 and sales revenue of $1.801 billion was down 10 per cent. Operating cash flow of $890 million was down 21 per cent. The shares have fallen from $1.32 on August 12, 2025 to trade at 89.5 cents on August 6, 2026. In my view, other stocks appeal more given a volatile fossil fuel energy sector across the globe, which is increasingly challenged by renewables.
SELL – Whitehaven Coal (WHC)
Managed run-of-mine (ROM) production of 10.7 million tonnes in the June quarter of 2026 was up 13 per cent on the March quarter. Full year 2026 ROM production of 40.3 million tonnes was up 3 per cent on prior corresponding period. The operational result was strong. However, net debt rose to $1.3 billion at June 30, 2026 following the second deferred acquisition payment. The shares have fallen from $9.53 on June 4 to trade at $7.245 on August 6. The company is exposed to coal price volatility, investor sentiment and the development of lower emissions technologies.
The above recommendations are general advice and don’t take into account any individual’s objectives, financial situation or needs. Investors are advised to seek their own professional advice before investing. Please note that TheBull.com.au simply publishes broker recommendations on this page. The publication of these recommendations does not in any way constitute a recommendation on the part of TheBull.com.au. You should seek professional advice before making any investment decisions.
