Are you on the hunt for some new ASX 300 stocks to buy for your investment portfolio.
If you are, then it could be worth checking out the two stocks in this article.
According to The Bull, one of them has been named as a buy and one has been named as a sell by the team at PAC Partners. Here's what it is saying about them:
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Kelsian Group Ltd (ASX: KLS)
The ASX 300 stock that has been named as a buy by PAC Partners is Kelsian Group. It is the travel and transport company previously known as Sealink.
PAC Partners likes the company due to its belief that efficiency gains and steady patronage could support a re-rating of its share price in the near future. Commenting on its recommendation, the broker said:
Kelsian is a global operator of bus, motorcoach and marine services. Apart from Australia, it operates in the US, UK, Singapore and Channel Islands. Revenue of $2.208 billion in fiscal year 2025 was up 9.5 per cent on the prior corresponding period. Underlying EBITDA of $285 million was up 7.4 per cent.
The board anticipates underlying EBITDA of between $297 million and $310 million in fiscal year 2026, which provides visibility. The company has a plan to potentially divest its tourism portfolio. In our view, efficiency gains and steady patronage provide a clear runway for a re-rating.
DigiCo Infrastructure REIT (ASX: DGT)
Another ASX 300 stock that the broker has been looking at is DigiCo Infrastructure REIT.
It is a diversified real estate investment trust with a focus on owning, operating, and developing data centres globally.
Despite almost halving in value since their listing, PAC Partners believes there's still potential for further downside. As a result, has tipped the stock as one to sell. It said:
DGT is a diversified owner, operator and developer of data centres. DGT recently announced that its Sydney based data centre (SYD1) development had been awarded certified strategic status – the highest level – under the Australian Government hosting certification framework (HCF). Fiscal year 2025 annualised underlying EBITDA of $99 million was ahead of prospectus guidance.
Management stopped short of firm fiscal year 2026 earnings guidance. Growth depends on successfully executing its strategy. Shares in DGT were priced at $5 in the initial public offering prior to listing on the ASX on December 13, 2024. The shares were trading at $2.895 on September 18. Investors may want to consider reducing their holdings and risk prior to further news developments.
