Why these ASX 200 stocks could be strong buys in 2026

Bell Potter thinks these shares could rise strongly this year.

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Key points

  • Catapult Sports is positioned to capitalise on the pro sports technology market doubling from US$36 billion to US$72 billion between 2025 and 2030, with Bell Potter seeing potential upside of over 50% as the company enters a stronger phase of cash generation.
  • WiseTech Global's business model is underpinned by impressive predictability, with around 95% recurring revenue and customer churn below 1%, providing the clear cash flow needed to reduce net debt from around 3 times EBITDA to 1.7 times within two years.
  • Bell Potter rates both ASX 200 stocks as buys, with Catapult's expanding analytics suite and underpenetrated customer base offering a long runway for growth, whilst WiseTech's market-leading CargoWise One platform maintains its dominance among the world's largest logistics providers.

If you have space in your portfolio for some new additions, then read on.

That's because listed below are two ASX 200 stocks that could be strong buys according to analysts at Bell Potter.

Here's what the broker is saying about them:

Catapult Sports Ltd (ASX: CAT)

The first ASX 200 stock that could be a strong buy in 2026 is Catapult Sports.

It is a sports technology company that specialises in wearable tracking solutions and analytics for athlete tracking.

Bell Potter believes the company is well-positioned for a period of very strong growth. This is thanks to its leadership position in a market that is expected to double from 2025 to 2030. The broker said:

Catapult Sports is a leading global provider of elite athlete wearing tracking solutions and analytics for athlete tracking. The key target market of Catapult is elite sporting teams and organisations and the acquisition of SBG also now gives the company a presence in motorsports. The pro sports technology market is currently valued at US$36bn in 2025 and is forecast to double to US$72bn by 2030. We view CAT as a market leader entering a stronger phase of cash generation and operating leverage, with an underpenetrated global customer base and expanding analytics suite providing a long runway for subscription growth and valuation upside.

Bell Potter has a buy rating and $6.50 price target on its shares. This implies potential upside of over 50% for investors over the next 12 months.

WiseTech Global Ltd (ASX: WTC)

Another ASX 200 stock that gets the seal of approval from Bell Potter is WiseTech Global. It is a leading provider of software solutions to the logistics industry.

After a difficult time in 2025 due to leadership controversies and product launch delays, the broker appears positive on the company's outlook. Especially given its market leadership and ultra low churn rates. It said:

WiseTech is a leading global provider of software solutions to the logistics industry, with its market-leading CargoWise One platform used by many of the world's largest logistics providers. The company's quality is underpinned by a highly predictable business model, with around 95% of its revenue being recurring and a customer churn rate of less than 1%. This provides clear and consistent cash flow, enabling a distinct path to deleverage, with management confident in reducing ND/EBITDA from ~3x in FY26 to 1.7x in FY27.

Bell Potter has a buy rating and $100.00 price target on WiseTech Global's shares. This suggests that upside of 45% is possible from current levels.

Motley Fool contributor James Mickleboro has positions in WiseTech Global. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Catapult Sports and WiseTech Global. The Motley Fool Australia has positions in and has recommended Catapult Sports and WiseTech Global. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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