Trying to decide where to put your money in this market? You're not alone. While volatility has many investors sitting on the sidelines, history shows that some of the best returns often start with buying great businesses when the market's looking the other way.
With that in mind, here are 10 ASX shares that look well placed for the long term — spanning growth, healthcare, retail, and tech.
If you're ready to build or strengthen your portfolio, analysts think these could be among the best shares to buy in Australia today.
Accent Group Ltd (ASX: AX1)
Accent may not make headlines every day, but it dominates Australia's footwear and athleisure market with store brands like The Athlete's Foot, HypeDC, and Skechers. With a solid store rollout plan and a growing focus on vertical brands, Accent is a cash-generating machine that's trading at a very reasonable valuation.
Bell Potter has a buy rating and $2.60 price target on its shares.
Cochlear Ltd (ASX: COH)
One of Australia's global healthcare stars, Cochlear continues to lead the world in hearing implants. With an ageing population and ongoing upgrades in technology, the long-term runway remains strong.
Citi rates this ASX share as a buy with a $300.00 price target.
Domino's Pizza Enterprises Ltd (ASX: DMP)
Domino's has faced its fair share of challenges in recent years, but the long-term story remains intact. The company is restructuring under new leadership and refocusing on unit economics and digital efficiency.
Goldman Sachs believes the tide is turning and recently put a buy rating and $37.30 price target on its shares.
HMC Capital Ltd (ASX: HMC)
This asset manager is flying under the radar but is making serious moves in alternative investments, with exposure across real estate, infrastructure (including data centres), and credit. Its nimble strategy and opportunistic deal-making give it a unique edge in the fund management space.
Goldman Sachs believes its shares could double in value from current levels. It has a buy rating and $10.90 price target on them.
Life360 Inc (ASX: 360)
This location technology company has quickly become a must-have for millions of families worldwide. With ~80 million active users and a growing paid subscription base, Life360 is scaling fast while exploring new monetisation options like in-app advertising.
Bell Potter is bullish on its outlook and has a buy rating and $28.00 price target on its shares.
NEXTDC Ltd (ASX: NXT)
If you believe in the rise of AI, cloud computing, and digital infrastructure, NextDC is an ASX share to consider. Its data centres are critical enablers of everything from streaming to fintech. With strong demand, a robust pipeline, and international expansion plans, NextDC is built for the future.
The team at Morgans is positive on the stock and has an add rating and $18.80 price target.
ResMed Inc (ASX: RMD)
ResMed is the global leader in sleep apnoea treatment, with world-class devices, high-margin consumables, and an expanding digital health services. It has continued to grow strongly despite concerns around weight loss wonder drugs and analysts are confident this trend will continue.
Goldman Sachs is one of them and has a conviction buy rating and $46.90 price target on its shares.
Temple & Webster Group Ltd (ASX: TPW)
This online furniture and homewares retailer has proven its staying power post-COVID. With a strong brand, low inventory model, and growing offering, Temple & Webster continues to take market share in a fragmented industry which is shifting online.
Citi currently rates it as a buy with a $21.10 price target.
Universal Store Holdings Ltd (ASX: UNI)
One of the most exciting ASX retail shares, Universal Store is rolling out new stores and growing its brand portfolio. With strong same-store sales growth, expanding margins, and generous dividends, this youth fashion retailer could be a top pick for investors.
Bell Potter is a fan and rates it as a buy with a $10.50 price target.
WiseTech Global Ltd (ASX: WTC)
Finally, WiseTech has been hit by governance controversy and tech sector weakness this year, but the business remains a global leader in logistics software. CargoWise is deeply embedded with major freight forwarders, and with 95% recurring revenue and low churn, WiseTech is built for resilience. This could make it a golden opportunity to buy a premium name at a relative discount.
Goldman Sachs thinks so. It recently put a buy rating and $128.00 price target on its shares.
