S&P/ASX All Ordinaries Index (ASX: XAO) shares closed 1.19% higher at 8,983.3 points on Friday.
The ASX All Ords is up 6% in the year to date (YTD).
The market peaked at 9,414.6 points in October and has since fallen 4.8%.
Let's take a look at two ASX All Ords shares that the experts tip to rip in the new year.
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Nuix Ltd (ASX: NXL)
The Nuix share price closed at $1.82, up 2.54% on Friday and down 70% in the YTD.
Nuix is an investigative analytics and intelligence software provider.
This ASX All Ords tech share has a market capitalisation of $594 million.
Moelis Australia has a buy rating on Nuix shares with a 12-month price target of $3.37.
This implies a potential upside of 85% in the new year.
Last week, Nuix revealed its acquisition of Linkurious, a French-based artificial intelligence graph data platform.
In a note, Moelis said Nuix "seems oversold", commenting:
Nuix's share price has retraced significantly as recent operating performance fell below market expectations.
On our estimates the current price undervalues the company.
The acquisition of Linkurious highlights that Nuix has strategic options to support its Neo-led growth strategy.
We have made revisions based on conservative estimates of success upselling/bundling Linkurious.
Symal Group Ltd (ASX: SYL)
The Symal Group share price closed at $3.11, up 2.3% yesterday and up 83% in the YTD.
Symal Group is a diversified services provider operating in critical Australian industry segments like transport, defence, and ports.
This ASX All Ords share has a market cap of $727 million.
Morgans issued a note after Symal revealed two new acquisitions.
Symal announced a $28 million deal to acquire the assets of Queensland-based civil contracting and haulage businesses Timms Group and L&D Contracting via an upfront cash purchase.
The broker said the acquisitions largely reflect Symal's intention to continue expanding both its geographic and sector diversification through organic growth and acquisitions.
Morgans said:
The further expansion into South East Queensland is seen as a positive, as the business expands its wider East Coast presence and looks to take advantage of South East Queensland infrastructure projects.
SYL's mix of organic and acquisition-led growth, combined with a healthy balance sheet and an undemanding earnings multiple (vs peers), sees us reiterate our Buy recommendation …
The broker raised its target price to $3.75 due to higher anticipated earnings and a progressively lower peer multiple discount.
This implies a potential upside of 20% in 2026.
