The storm of another earnings season is now all but behind us, and the S&P/ASX 200 Index (ASX: XJO) turned slightly pear-shaped with a 4.22% loss for the month of February.
So we asked our Foolish writers to pause, take a breath, and let us know which ASX shares they think look ripe for the picking in March.
Here are the stocks they think will deliver plenty of fruit over the long term.
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4 top ASX shares for March 2025 (smallest to largest)
- Betashares Global Cash Flow Kings ETF (ASX: CFLO), $32.43 million
- Brickworks Ltd (ASX: BKW), $3.98 billion
- Evolution Mining Ltd (ASX: EVN), $12.12 billion
- WiseTech Global Ltd (ASX: WTC), $29.94 billion
(Market capitalisations as of market close 28 February 2025)
Why our Fool writers love these ASX stocks
Betashares Global Cash Flow Kings ETF
What it does: This ASX exchange-traded fund (ETF) invests in a portfolio of global companies, selected for their relatively high levels of operational cash flow.
By Sebastian Bowen: Given all the market gyrations that February brought us, I am focusing on investing fundamentals this March. With that in mind, this ETF from BetaShares has caught my eye. CFLO only invests in companies that have demonstrated habitually healthy levels of free cash flow in recent years.
Companies with high levels of free cash flow are more resilient to economic shocks whilst indicating to investors that their underlying business model remains effective.
You can see this with CFLO's portfolio. Warren Buffett's Berkshire Hathaway currently tops the portfolio, but you'll find other quality holdings like Nvidia, ServiceNow, Google-owner Alphabet, and Adobe.
The Betashares Global Cash Flow Kings ETF has only been around for a couple of years. However, the index it tracks has returned an average of 14.15% per annum over the ten years to 31 January. As such, I think this ASX ETF is well worth a look for any investor in the current climate.
Motley Fool contributor Sebastian Bowen owns shares of Berkshire Hathaway, Alphabet, and Adobe.
Brickworks Ltd
What it does: Brickworks is one of the largest building product businesses in Australia. It's a major producer of bricks, pavers, roofing, masonry, cement, and more.
By Tristan Harrison: This business could be a major beneficiary of the Reserve Bank of Australia's (RBA) recent interest rate cut. High interest rates have been a headwind for construction and renovation activity in Australia, so the start of rate reductions could boost future demand.
Another way Brickworks could benefit from the rate cut is through its investment in a joint venture industrial property trust with Goodman Group (ASX: GMG). Lower interest rates can reduce interest costs, increase rental profits and distributions, and increase the value of industrial properties. Those properties are also benefiting from long-term demand drivers like e-commerce.
The trust's underlying value provides significant support for the Brickworks share price, as does its large stake in Washington H Soul Pattinson & Company Ltd (ASX: SOL) shares.
In the longer term, all three of Brickworks' segments (building products, properties, and Soul Patts) could deliver value growth for shareholders.
Finally, it's a solid dividend option too – it hasn't cut its payout for close to 50 years.
Motley Fool contributor Tristan Harrison owns shares of Brickworks Ltd and Washington H Soul Pattinson & Company Ltd.
Evolution Mining Ltd
What it does: Evolution Mining is one of Australia's largest gold producers. The company operates six mines. Its five wholly-owned mines are: Cowal in New South Wales, Ernest Henry and Mt Rawdon in Queensland, Mungari in Western Australia, and Red Lake in Ontario, Canada. Evolution also holds an 80% share of Northparkes in New South Wales.
By Bernd Struben: With the gold price trading near record highs of US$2,917 (AU$4,571) per ounce and broadly forecast to climb higher in 2025, I'm bullish on most ASX 200 gold stocks.
But with its low-cost production profile and production ramping up, Evolution Mining shares stand out from the pack.
In its recent half-year results, Evolution reported record underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) of $1.01 billion, up 77% year on year. And statutory net profit soared 277% to $365 million.
Over the six months to 31 December, the miner achieved a 22% increase in gold production to 388,346 ounces, while copper production was up 36% to 37,613 tonnes.
Driving the surge in earnings and profits, Evolution received an average gold price of AU$3,875 per ounce at an all-in sustaining cost (ASIC) of AU$1,638 per ounce.
The Evolution Mining share price is up 111% in a year. And with dividends increasing alongside profits, the stock also trades on a fully franked 1.97% trailing dividend yield.
Motley Fool contributor Bernd Struben does not own shares of Evolution Mining Ltd.
WiseTech Global Ltd
What it does: WiseTech describes itself as a leading developer and provider of software solutions that put productivity at the centre of the world's supply chains.
By James Mickleboro: When high-quality companies with wide moats are sold off due to a temporary issue, I think investors should take full advantage and load up on shares. And that is exactly what has happened to WiseTech shares, which tumbled deep into the red in February.
While the immediate term may remain somewhat volatile, I believe that when the storm passes, this quality tech stock will start to rebound and eventually reach new highs. Especially since the company dominates its industry and has a huge total addressable market that provides it with a significant growth runway over the next decade.
The team at Goldman Sachs highlights that "with the risk/reward profile skewed to the upside", it remains very positive on the company. So much so that following the release of WiseTech's half-year results, the broker reaffirmed its buy rating on the shares with a price target of $128.00. This is meaningfully higher than where WiseTech shares ended Friday's trading session.
Motley Fool contributor James Mickleboro owns shares of WiseTech Global Ltd.
