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 Michael Gable of Fairmont Equities, Arthur Garipoli of Dolphin Partners Financial Services, and Stuart Bromley of Medallion Financial Group 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.
Michael Gable, Fairmont Equities
BUY RECOMMENDATIONS
BUY – Woodside Energy Group (WDS)
We were a buyer of this major energy company prior to the war in Iran. In our view, the recent share price fall presents another buying opportunity. Moving forward, we’re expecting tighter crude oil supplies to lead to higher prices. Recent weaker crude oil prices is a response to governments releasing oil from strategic reserves, but they now need to be replenished. As the biggest oil stock on the ASX, Woodside Energy will attract investors when they conclude crude oil prices will be higher for longer.
BUY – Bannerman Energy (BMN)
This uranium development company’s flagship Etango project is based in Namibia. We believe the uranium sector presents a bright outlook as we expect demand to outpace supply for the next several years. Despite BMN de-risking its main resource by announcing a joint venture with the China National Nuclear Corporation, the share price has retreated along with many other stocks in the market. In our view, this presents a buying opportunity as BMN should be leveraged to any upside in the uranium price.
HOLD RECOMMENDATIONS
HOLD – BHP Group (BHP)
In our opinion, the commodities bull market is still in the early stages of the latest cycle. As the biggest miner in the world, BHP attracts investors aiming to increase exposure to the resources sector. BHP is diverse, so investors gain exposure to a range of commodities, including copper, iron ore, coking coal and potash. Copper production guidance of between 1.9 million and 2 million tonnes in fiscal year 2026 remains unchanged and is expected to be in the upper half of the range. We continue to see some solid buying on any dips. BHP offers appeal for long term investors.
HOLD – Lynas Rare Earths (LYC)
Rare earths miners appeal as western nations strive to diversify their supply of these metals away from China. LYC is the largest producer outside of China and is best placed to benefit from an increase in demand. Gross sales revenue of $265 million in the third quarter of fiscal year 2026 was up from $201.9 million in the second quarter. In our opinion, share price consolidation appears to be ending in favour of a new uptrend moving forward. The shares have risen from $9.20 on June 26, 2025 to trade at $18.43 on June 25, 2026.
SELL RECOMMENDATIONS
SELL – Xero (XRO)
We have been negative about the Australian technology sector since 2025, and rotated into resource stocks. Increasing interest rates so far in 2026 amid high sharemarket volatility and uncertainty leaves investors questioning the outlook of technology companies trading on relatively high multiples. In our view, the share price of Xero, an accounting software provider, hasn’t sufficiently rallied on recent positive announcements. Consequently, it indicates the stock remains under selling pressure.
SELL – National Australia Bank (NAB)
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Trading conditions are getting tougher for retail banks as rising interest rates, sticky inflation and weakness in the property sector are likely to negatively impact lending activity and credit quality. In a weaker economy, NAB is particularly vulnerable to softer earnings growth due to its higher focus on business banking. Despite a significant share price fall, NAB valuations aren’t cheap, leaving the stock exposed to downside risk.
Arthur Garipoli, Dolphin Partners Financial Services
BUY RECOMMENDATIONS
BUY – Catapult Sports (CAT)
This global sports technology company develops wearable tracking, analytics and software solutions to help teams monitor athletes and optimise performance. The recent report for full year 2026 produced outstanding numbers on most metrics. Record revenue of $US140.7 million was up 19 per cent year-on-year and management EBITDA of $US24.7 million increased 67 per cent. Annualised contract value of $US133.8 million was up 28 per cent with high customer retention rates. The company enters fiscal year 2027 with a broader product suite and recent acquisitions position the company for further growth. Recent share price declines post the result make for an attractive entry point.
BUY – Wildcat Resources (WC8)
Wildcat is a mineral exploration company. WC8 is advancing the Tabba Tabba Lithium-Tantalum project and the Bolt Cutter project in the Pilbara region of Western Australia. The Tabba Tabba project is a large scale, hard rock development in an established mining jurisdiction with low sovereign risk and close to Port Hedland infrastructure. WC8 has completed a pre-feasibility study and is advancing towards a definitive feasibility study (DFS). Catalysts for de-risking the company include a large resource base, a DFS, funding and resource growth. The shares have performed strongly in the past 12 months and we like the company’s outlook.
HOLD RECOMMENDATIONS
HOLD – Accent Group (AX1)
This footwear and apparel retailer operates a chain of stores in Australia and New Zealand, such as Platypus, The Athlete’s Foot, Hoka and UGG. The company recently received an all cash takeover offer from Frasers Group PLC at 65 cents a share. The offer had no premium attached to the prevailing share price at the time. The Accent board has recommended shareholders reject the offer as the price was materially inadequate. We view the bid as opportunistic given prior weakness in the AX1 share price. The bidder may need to increase its offer if it wants Accent, or another suitor may emerge.
HOLD – Amcor PLC (AMC)
Third quarter earnings for this global packaging giant in fiscal year 2026 were largely in line with expectations. A downgrade in underlying earnings per share guidance was better than the market had expected. The share price has been weaker on softer volumes and higher input costs, but the end of the conflict in the Middle East should be a positive for AMC. In our view, the share price offers potential upside from current levels.
SELL RECOMMENDATIONS
SELL – Karoon Energy (KAR)
This international oil and gas explorer and producer develops and operates offshore energy assets across Brazil, the United States and Australia. Karoon recently announced a downgrade in production guidance at the Who Dat asset in the US Gulf of Mexico for calendar year 2026. The shares have fallen sharply post the production cut, but there may be further downside in response to falling crude oil prices resulting from increasing tanker traffic crossing the Strait of Hormuz.
SELL – Transurban Group (TCL)
The toll road operator lifted group traffic by just 0.1 per cent in May 2026 when compared to the prior corresponding period. The company also announced a divestment from the Montreal market after agreeing to sell its remaining 50 per cent stake in the A25 road. The stock was recently trading near all-time highs. However, in our view, the stock isn’t factoring in potentially weaker traffic volumes and higher interest rates. It may be prudent to take profits on any share price strength.
Stuart Bromley, Medallion Financial Group
BUY RECOMMENDATIONS
BUY – Aristocrat Leisure (ALL)
Aristocrat is a gaming content creation company. It holds market leading positions across land based gaming and digital social casino. The company recently announced a substantial and extended on-market share buy-back, signalling management’s confidence in the underlying business and providing a meaningful tailwind to earnings per share growth. Combined with strong cash generation, disciplined capital allocation and ongoing digital expansion opportunities, we believe Aristocrat offers quality, growth and appealing shareholder returns.
BUY – Goodman Group (GMG)
GMG is a global industrial property group and data centre developer. Recent acquisitions and development activity have further strengthened the group’s exposure to data centres, artificial intelligence infrastructure and cloud computing demand. Work in progress of $14.5 billion at March 31, 2026 is expected to increase to $18 billion by the end of June. We believe the market is still undervaluing the long term earnings potential of Goodman’s data centre strategy.
HOLD RECOMMENDATIONS
HOLD – WiseTech Global (WTC)
Despite ongoing management and governance scrutiny, WiseTech remains one of Australia’s highest quality technology businesses with a dominant position in global logistics software. The company’s CargoWise platform continues to gain market share globally. In our view, WTC offers a substantial long term growth opportunity. While near term sentiment may remain volatile, we believe the quality of the underlying business warrants a hold rating amid management executing its long term strategy.
HOLD – Saluda Medical, Inc. (SLD)
SLD is a commercial stage medical device company targeting the global chronic pain market with its Evoke spinal cord stimulation platform. While commercial execution and adoption remain key milestones to monitor, we continue to believe the company’s differentiated technology and growing clinical evidence base support a favourable long term outlook. Global revenue grew by 34 per cent in the third quarter of fiscal year 2026 when compared to the prior corresponding period. The company expects full year revenue growth of 24 per cent on the prior corresponding period.
SELL RECOMMENDATIONS
SELL – Bapcor (BAP)
Bapcor is an aftermarket automotive parts provider in Australia and New Zealand. It operates the Autobarn, Burson and Autopro brands. While Bapcor remains a leading participant in its sector, the company continues to face operational challenges, margin pressure and an increasingly difficult consumer environment. We believe management still has significant work ahead to restore earnings momentum and investor confidence. Given the availability of alternative opportunities with stronger earnings visibility and growth prospects, we believe capital can be deployed more effectively elsewhere at this time. The stock has fallen from $5.14 on July 14, 2025 to trade at 40.7 cents on June 25, 2026.
SELL – Commonwealth Bank of Australia (CBA)
CBA remains one of Australia’s premier financial institutions and has consistently demonstrated exceptional execution, profitability and balance sheet strength. However, we believe the current valuation has become increasingly difficult to justify. The stock is trading at a significant premium to domestic and global banking peers despite relatively modest earnings growth expectations. We believe future returns are likely to be constrained by the elevated valuation. Better value opportunities exist elsewhere in the market.
Featured Names – The Roundup
| Name | Recommendation | Firm |
|---|---|---|
| Woodside Energy Group (WDS) | Buy | Fairmont Equities |
| Bannerman Energy (BMN) | Buy | Fairmont Equities |
| Catapult Sports (CAT) | Buy | Dolphin Partners |
| Wildcat Resources (WC8) | Buy | Dolphin Partners |
| Aristocrat Leisure (ALL) | Buy | Medallion Financial Group |
| Goodman Group (GMG) | Buy | Medallion Financial Group |
| BHP Group (BHP) | Hold | Fairmont Equities |
| Lynas Rare Earths (LYC) | Hold | Fairmont Equities |
| Accent Group (AX1) | Hold | Dolphin Partners |
| Amcor PLC (AMC) | Hold | Dolphin Partners |
| WiseTech Global (WTC) | Hold | Medallion Financial Group |
| Saluda Medical, Inc. (SLD) | Hold | Medallion Financial Group |
| Xero (XRO) | Sell | Fairmont Equities |
| National Australia Bank (NAB) | Sell | Fairmont Equities |
| Karoon Energy (KAR) | Sell | Dolphin Partners |
| Transurban Group (TCL) | Sell | Dolphin Partners |
| Bapcor (BAP) | Sell | Medallion Financial Group |
| Commonwealth Bank of Australia (CBA) | Sell | Medallion Financial Group |
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.
