18 Share Tips – 25th August 2025

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 Peter Day of Sequoia Wealth Management, Stuart Bromley of Medallion Financial Group and Tony Paterno of Ord Minnett 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.

Sign up to our mailing list and get our weekly batch of share tips sent straight to your inbox, every Monday.

As a welcome gift, we will also send you our pick of the 5 best ASX shares to buy in 2025 completely free.

Peter Day, Sequoia Wealth Management

BUY RECOMMENDATIONS

BUY – Temple & Webster Group (TPW) 

TPW is an online furniture and homewares retailer. The company posted revenue of $600.7 million in fiscal year 2025, up 20.7 per cent on the prior corresponding period. Net profit after tax of $11.3 million was up 532.8 per cent. TPW’s product offering and range is clearly resonating well with shoppers, as the company generated a high level of growth despite a tight economic environment. Its share of the furniture and homewares market is increasing, which is likely to deliver outsized growth over the medium term.

BUY – Lendlease Group (LLC)

LLC is a property developer and investment manager. The company has secured final heritage approval for its Gurrowa Place development in Melbourne in partnership with the City of Melbourne and Scape. The project involves building new homes, student housing and car parks. The $1.7 billion project is expected to start in 2026. Also, the company announced on July 16 that it was growing its Australian pipeline with a luxury residential development in Sydney. The group reported a statutory profit after tax of $225 million in fiscal year 2025 compared to a statutory loss after tax of $1.502 billion in the prior corresponding period.

HOLD RECOMMENDATIONS

HOLD – Pinnacle Investment Management Group (PNI)

I recommended this global multi-affiliate investment management firm as a buy in TheBull.com.au on March 31 when the over-sold stock closed at $17.56. The shares closed at $25.33 on August 7. The stock was trading at $21.20 on August 21. PNI posted a net profit after tax $134.4 million in fiscal year 2025, an increase of 49 per cent on the prior corresponding period, but 4 per cent below consensus. PNI offers a solid springboard for growth in fiscal year 2026 supported by strong financial metrics.

HOLD – South32 (S32)

This global diversified mining and metals company produces copper, aluminium, silver, lead, zinc and nickel. South32 recently provided an update on the Mozal aluminium smelter power contract in Mozambique. Based on recent discussions with the government of Mozambique, S32 isn’t confident the smelter will have sufficient and affordable power once the current agreement expires in March 2026. Therefore, it will commence the process of placing the smelter on care and maintenance when the contract expires. In the meantime, it will limit investment in the asset. We believe a plan to place the smelter on care and maintenance could be construed as a strategy to encourage South32’s counter parties to arrive at a deal.

SELL RECOMMENDATIONS

SELL – Westpac Banking Corporation (WBC)

The bank reported an unaudited statutory net profit of $1.9 billion in the third quarter of fiscal year 2025, up 14 per cent on the first half average. The result was about 12 per cent to 14 per cent ahead of consensus estimates. Revenue was up 4 per cent. Net interest income increased 4 per cent, mostly due to an increase in the net interest margin to 1.99 per cent. Treasury and Markets contributed 14 basis points, up from 12 basis points. The result was well received by the market, but we would caution in fully extrapolating the revenue momentum into the fourth quarter. Investors may want to consider pocketing some gains.

SELL – Pro Medicus (PME)

The company provides medical imaging software and services to hospitals and healthcare groups across the world. PME reported a full year 2025 result that was broadly in line with expectations.  Revenue from ordinary activities of $213 million was up 31.9 per cent on the prior corresponding period. Net profit of $115.2 million was up 39.2 per cent. During the year, Pro Medicus announced $520 million in new contracts. The shares have risen from $176.88 on April 7 to trade at $304.48 on August 21. We retain our sell rating as we believe the company’s valuation is stretched. Our target price is $220, up from $165.

Stuart Bromley, Medallion Financial Group

BUY RECOMMENDATIONS

BUY – Light & Wonder Inc. (LNW)

This global company operates across the growing gaming market. Second quarter EBITDA in fiscal year 2025 was up 7 per cent to $US352 million. Full year results guidance was upgraded. Trepidation in the markets on the announcement related to tariff issues and macroeconomic uncertainty. However, a scenario where these issues abate during the next six months presents upside potential. The company recently expanded its buy-back program by $US500 million. A move to sole ASX listing possibly by the end of 2025 boosts local liquidity and creates buy-side tailwinds. With a clearer path to inclusion in the S&P/ASX 50, passive inflows should increase as index funds add holdings to maintain weightings.

BUY – Pinnacle Investment Management Group (PNI)

Pinnacle provides distribution and business support to a range of world class asset managers known as affiliates. The company announced that 91 per cent of affiliate strategies outperformed respective benchmarks over five years to June 30, 2025. Pinnacle posted net profit after tax of $134.4 million in fiscal year 2025, up 49 per cent on the prior corresponding period. Funds under management for aggregate affiliates was up 63 per cent in fiscal year 2025, supporting its medium to long term earnings outlook. Recent success reinforces confidence in management’s ability to execute on planned growth initiatives.

HOLD RECOMMENDATIONS

HOLD – PolyNovo (PNV)   

The company provides dermal regeneration solutions via its NovoSorb biodegradable polymer technology. In a trading update in July, the company noted a significant uplift in cash for fiscal year 2025. Unaudited cash flow from operations of $15.7 million in the second half of fiscal year 2025 compared favourably to an outflow of $12.5 million in the first half. It reported strong growth in US sales. Fiscal year 2025 EBITDA is anticipated to range between $11.2 million and $12.4 million compared to $3.6 million in the prior corresponding period. We expect growth to be driven by a continuing focus on the large and lucrative US market, where there has been a significant investment in sales teams.

HOLD – IperionX, (IPX) 

IperionX is a US titanium metal and critical materials company. The company’s critical minerals project is the biggest JORC-compliant mineral resource of titanium, rare earths and zircon mineral sands in the US. The company’s hydrogen-based titanium manufacturing process is poised to transform the titanium industry. Uniquely, IPX can use 100 per cent scrap as feedstock to produce new titanium. A $US99 million contract to supply the US Department of Defence has the potential to lead to much bigger deals. The shares have risen from $2.19 on April 8 to trade at $6.065 on August 21. We like the company’s prospects.

SELL RECOMMENDATIONS

SELL – Commonwealth Bank of Australia (CBA)

The banking giant delivered a cash net profit after tax of $10.252 billion in fiscal year 2025, up 4 per cent on the prior corresponding period. The shares have fallen from $191.40 on June 25 to trade at $173.80 on August 21. But we still view the business as overvalued, as it was recently trading on a price/earnings ratio above 28 times. Falling interest rates typically compress net interest margins for banks. Rising costs are also expected to deliver headwinds.

SELL – Computershare (CPU)

CPU is a global financial services company offering share registry, corporate trusts and stakeholder management services across 20 countries. The shares have fallen from $41.50 on August 11 to trade at $39.26 on August 21. Management revenue of $3.1 billion in fiscal year 2025 was up 4 per cent on the prior corresponding period. However, we can’t identify a catalyst that will generate meaningful growth in the short term. The $750 million buy-back has finished and valuations for potential acquisitions are high. Execution risk follows if a merger and acquisition strategy is pursued.

Don’t Buy Just Yet

You will want to see this before you make any decisions.

Before you decide which shares to add to your portfolio you might want to take a look at this special report we recently published.

Our experts picked out The 5 best ASX shares to buy in 2025.

We’re giving away this valuable research for FREE.

Click below to secure your copy

Tony Paterno, Ord Minnett

BUY RECOMMENDATIONS

BUY – Aussie Broadband (ABB)

ABB is the fifth largest broadband services provider in Australia. The company is poised to grow market share as households trend towards higher speed tiers amid the continuing roll-out of the National Broadband Network’s (NBN) fibre upgrade program. The NBN reported Australians are embracing full fibre connections in record numbers as they upgrade from copper-based technologies. Following a year of substantial ABB capital expenditure and investment, we see returns on equity rising into future periods.

BUY – ARB Corporation (ARB)

ARB makes and supplies 4-wheel drive accessories to Australian and international markets. New vehicle sales in Australia in July 2025 were up 2 per cent on the prior corresponding period. The company reported sales revenue of $729.9 million in fiscal year 2025, up 5.3 per cent on the prior corresponding period. However, net profit after tax of $97.5 million was down 5 per cent. Longer term, new and refurbished stores, offshore expansion and strategic partnerships with customers of original equipment manufacturers offer earnings growth. The company declared a special dividend of 50 cents a share on top of a final dividend of 35 cents. Dividends of $1.19 for full year 2025 were up 72.5 per cent on the prior corresponding period.

HOLD RECOMMENDATIONS

HOLD – Bapcor (BAP)

Bapcor is an aftermarket automotive parts provider. The company operates in more than 1000 locations across Australia, New Zealand and Thailand. Bapcor’s fiscal year 2025 trading update showed a weaker-than-expected performance across its business, driven by various disruptions, a challenging retail environment and increasing competition. Bapcor is undertaking several initiatives to simplify and consolidate the business. Overall, the company expects further operational improvements following these initiatives, which remains key to offsetting cost inflation and subdued sales growth.

HOLD – Brickworks (BKW)

BKW’s property segment is expected to deliver a higher-than-expected earnings contribution in the second half of fiscal year 2025, driven by revaluations and development profits. Building Products Australia and North America results are largely in line with our forecasts. Demand for BKW’s industrial property developments remain solid, with further growth in rental income expected. In Australia, recent interest rate cuts are expected to translate into improving housing activity in fiscal year 2026/2027.

SELL RECOMMENDATIONS

SELL – Healius (HLS)

HLS is a diagnostic pathology company. In May, investors received a special dividend of 41.3 cents a share after the company sold Lumas Imaging. The company didn’t declare a final dividend when posting full year results on August 21. The company generated revenue of $1.34 billion in fiscal year 2025, up 5.7 per cent on the prior corresponding period. However, underlying earnings before interest and tax of $17.1 million were down 27.2 per cent. The company reported a net loss after tax of $151.2 million. The shares finished at 81 cents on August 20. After the results were released, the shares were trading at 68.5 cents on August 21. The shares closed at $1.60 on May 7. In our view, other companies offer better returns and brighter prospects.

SELL – Evolution Mining (EVN)

The gold miner posted an underlying profit after tax of $958 million in full year 2025, up 99 per cent on the prior corresponding period. Gold production was up 5 per cent and copper increased 12 per cent. EVN shares rose from $4.84 on January 2 to close at $9.22 on June 4. The shares were trading at $8.075 on August 21. In our view, the stock is trading at a significant premium to peers. We would be inclined to take a profit at these levels as the share price leaves little room for error.

Related Articles:

• The Best CFD Trading Platform in Australia
• The Best Stock Trading App in Australia
• The Best Auto Trading Platforms in Australia
• How to Start Trading Commodities in Australia