Are you looking for some investment ideas this week? If you are and have $2,500 to invest, then look no further than the ASX stocks in this article.
They feature on Bell Potter's Australian Equities Panel, which is home to the shares that it believes offer attractive risk-adjusted returns over the long term.
Three that feature on the panel this month are named below. Here's why it is bullish on them:
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CAR Group Limited (ASX: CAR)
Auto listings giant CAR Group could be an ASX stock to buy according to Bell Potter.
It believes the company is well-placed to deliver solid earnings growth from improving ad yields. The broker said:
The company continues to enhance yields across its platforms while benefiting from a scalable global expansion strategy that allows it to replicate its model across international markets. Additionally, CAR boasts a proven management team with a strong track record of capital allocation and consistent EPS growth over time, reinforcing confidence in its long-term potential. Given its solid growth trajectory and resilient fundamentals, we believe the recent share price weakness presents a compelling buying opportunity.
Develop Global Ltd (ASX: DVP)
Another ASX stock that features on the panel is Develop Global. It operates as an underground mining contractor and operator of two mining assets. These are the Woodlawn Zinc-Copper Mine and the Sulphur Springs Zinc-Copper Project.
Bell Potter believes its earnings are about to transform significantly, making its shares cheap at current levels. It explains:
Our analysts are forecasting a transformation in DVP's EPS profile in the forward years, with FY26 PE currently undemanding at ~8.0x. Re-rate catalysts in the near-term include production updates showing Woodlawn is on a path to achieving processing plant nameplate capacity and additional Mining Services contract wins.
Universal Store Holdings Ltd (ASX: UNI)
Finally, Bell Potter thinks investors should be snapping up the shares of youth fashion retailer Universal Store.
The broker thinks its shares are attractively priced given its positive earnings growth outlook. Bell Potter is forecasting a 14% earnings per share growth rate through to FY 2027. It said:
Universal Store Holdings is a leading youth focused apparel, footwear and accessories retailer in Australia. UNI will continue to increase store numbers over the next few years, supporting earnings growth of 14% p.a. over (FY25-27). Valuation looks attractive, trading on a fwd P/E of ~14x. UNI is a quality small cap (ROE ~26%) that is executing on its rollout strategy.
