These ASX 200 shares have all soared over the past 12 months, but they've still got a way to go until they reach their peak. These are the shares I'd buy with $10,000 today.
Newmont Corporation (ASX: NEM)
The Newmont share price closed 4.63% higher on Tuesday afternoon, at $132.88 a piece. The ASX 200 mining stock has climbed 7.87% over the past month and has climbed an impressive 120.55% higher since January.
The miner recently made the list of top global copper producers, ranking in 20th place, after producing 35,000 tonnes during the third quarter of 2025. Newmont holds a resource base containing some 25 million tonnes of copper across North America, Latin America, and the Asia Pacific. The ranking surprised investors since Newmont is best known for being the world's largest gold producer with global operations in countries across North and South America, Africa, and Australia.
Surging gold and copper prices have supported Newmont's share price this year. Gold hit a record high last month, surpassing US$4,000 per ounce for the first time and reaching an all-time peak of approximately US$4,358 per ounce. Copper also hit a record high in late October at US$11,200 per tonne on the London Metal Exchange.
The ASX 200 share is tipped to continue growing too. Morgans said it had maintained an accumulate rating on Newmont shares following its 3Q FY25 results. It also raised its 12-month share price target from $146 per share to $148 per share. That implies an upside of 11.4% over the next 12 months.
Macquarie is more cautious with a neutral rating and a higher share price target of $153. That implies a potential 15.2% upside at the time of writing.
Tradingview data shows that some analysts are even more bullish, with the maximum target price of $186.49 per share. That represents a potential 49.5% upside for investors at the time of writing.
Eagers Automotive Limited (ASX: APE)
The Eagers share price closed 3.01% higher on Tuesday afternoon, at $30.09 a piece. Over the past month, the shares have fallen 3.25% but they're still a huge 156.3% higher for the year-to-date.
A significant portion of Eagers' success over the past year is the rise of the fast-growing Chinese electric vehicle brand, BYD. Eagers operates around 80% of the dealerships that sell BYD cars in Australia. Meanwhile, Eagers' used-car retailer Easyauto123 has been boosted by a shift in consumer preference towards used cars. This has been fueled by the cost-of-living crisis.
The company also announced a $1 billion acquisition of CanadaOne Auto Group. To fund the deal, Eagers raised $452 million and brought in Mitsubishi Corporation as a new strategic partner. Mitsubishi is also taking a 20% stake in Easyauto123, signalling ambitions to help scale the used-car business.
Analysts are bullish on the outlook for the stock, too. So it looks like even after this year's share price surge, any stock purchased right now can still benefit from a robust upside.
Macquarie has an outperform rating Eagers' shares and a $29.98 target price. Although this implies a potential 0.36% downside at the time of writing.
The team at RBC Capital Markets are also bullish on the shares and have a $32 target price in place. What implies a 6.34% upside at the time of writing.
Tradingview data shows some analysts expect Eagers' shares to climb as high as $34, which implies a 12.99% upside at the time of writing.
