These 3 ASX 200 shares led their sectors last year. Are they still good buys?

These stocks had the strongest capital growth within their sectors in 2025. Experts reveal their ratings for 2026.

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The S&P/ASX 200 Index (ASX: XJO) lifted 6.8% and delivered a total return, including dividends, of 10.32% last year.

The following three ASX 200 shares were the star performers of their sectors, achieving the highest capital growth among their peers.

Are they still good buys?

Let's defer to the experts.

A young boy dressed in a suit and glasses that are too big for him sits at a desk and holds up a trophy representing the top 10 ASX shares today

Image source: Getty Images

Deep Yellow Ltd (ASX: DYL)

ASX 200 uranium explorer Deep Yellow was the No. 1 share in the energy sector for 2025.

Deep Yellow shares rose 63% to close at $1.84 per share on 31 December.

The uranium price was volatile last year but gained momentum in the second half due to higher demand and constrained supply.

The US increased its commitment to nuclear power with an $80 billion deal with Canadian Westinghouse Electric to build nuclear reactors.

The uranium price closed at US$82.85 per pound yesterday, up 12% over 12 months.

Ord Minnett has a buy rating on Deep Yellow with a share price target of $2.

Jefferies has a hold rating with a target of $1.85.

Yesterday, the ASX 200 uranium share closed at $2.01, down 1%.

Generation Development Group Ltd (ASX: GDG)

Retirement and investment solutions provider Generation Development Group was the highest riser in the financials sector in 2025.

The Generation Development Group share price rose 66% to finish the year at $5.89.

Macquarie gives Generation Development Group shares an outperform rating with a 12-month price target of $6.70.

Yesterday, the ASX 200 financial share closed at $6.05, down 1.3%.

Codan Ltd (ASX: CDA)

Electronics solutions provider Codan was the No. 1 share in the tech sector for 2025.

The Codan share price ripped 77% to finish the year at $28.43.

Codan designs and manufactures electronics solutions for government, corporate, NGO, and consumer clients.

Yesterday, UBS reiterated its hold rating on Codan shares and increased its 12-month share price target from $34 to $37.

MA Financial has a buy rating on the ASX 200 tech share with a $42.31 target.

Last Friday, the Codan share price ripped 17% after an impressive half-year profit update.

Yesterday, Codan shares closed at $37, up 0.8%.

Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool Australia has recommended Generation Development Group and Ma Financial Group. 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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