Leading brokers name 3 more shares to buy today

Keyboard with hot key for e-business

With investors having such a wide array of shares to choose from on the ASX, deciding which to buy and which to avoid can be a time-consuming task. Thankfully there are teams of brokers out there that do a lot of the hard work for you.

Whilst it is worth remembering that they don’t always get it right, here are three shares that leading brokers are tipping as buys presently.

Clean TeQ Holdings Limited (ASX: CLQ)

A research note from the equities desk at Macquarie Group Ltd (ASX: MQG) reveals that its analysts have slapped an outperform rating on the metals recovery company. They appear to believe that its Syerston project could become an incredibly valuable asset in the future. The Syerston mineral deposit is rich in nickel, scandium, and most importantly cobalt. Although production is some way off, Syerston is uniquely positioned as one of the largest and highest grade sources of cobalt outside Africa. As demand for the metal, used in lithium-ion batteries, is expected to grow rapidly, I’d agree that Clean TeQ could be a good way for investors to gain exposure to the cobalt boom. But let’s not forget that it would still be a high risk investment.

Domino’s Pizza Enterprises Ltd. (ASX: DMP)

According to a research note out of Morgan Stanley, its analysts have reiterated their overweight rating on the pizza chain operator. They believe that the company is positioned for strong long-term growth and that the market’s concern over issues with its franchisees is largely overdone. I would have to agree with Morgan Stanley on this one. Furthermore, in the last six months the Domino’s share price has tumbled over 21%. I think this is a fantastic opportunity to snap up its shares at a reasonably fair price.

Rio Tinto Limited (ASX: RIO)

A note out of Deutsche Bank reveals that its analysts have reiterated their buy rating but increased their target price for Rio Tinto’s shares to $72. The mining giant certainly has found favour with brokers in the last few days. On Monday Credit Suisse also reiterated its outperform rating and $72 price target. If Chinese demand for base metals remains strong this year then I believe miners like Rio Tinto could profit greatly. But as I’m quite bearish on iron ore prices I plan to avoid Rio Tinto for the time being.

If you want even more ideas for shares to buy then look no further than these three hot stocks. They have been growing like wildfire and I expect more of the same over the next 12 months.

Top 3 ASX Blue Chips To Buy In 2017

For many, blue chip stocks means stability, profitability and regular dividends, often full franked..

But knowing which blue chips to buy, and when, can often be fraught with danger.

The Motley Fool's in-house analyst team has poured over thousands of hours worth of proprietary research to bring you the names of "The Motley Fool's Top 3 Blue Chip Stocks for 2017."

Each one pays a fully franked dividend. Each one has not only grown its profits, but has also grown its dividend. One increased it by a whopping 33%, while another trades on a grossed up (fully franked) dividend yield of almost 7%.

If you're expecting to see the likes of Commonwealth Bank, Telstra and Wesfarmers shares on this list, you'll be sorely disappointed. Not only are their dividends growing at a snail's pace, their profits are under pressure too due to the increasing competitive environment.

The contrast to these "new breed" blue chips couldn't be greater... especially the very real prospect of significant share price gains, something that's looking less likely from the usual blue chip suspects.

The names of these Top 3 ASX Blue Chips are included in this specially prepared free report. But you will have to hurry. Depending on demand - and how quickly the share prices of these companies moves - we may be forced to remove this report.

Click here to claim your free report.

Motley Fool contributor James Mickleboro has no position in any stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.