Eagers Automotive Ltd (ASX: APE) and Technology One Ltd (ASX: TNE) shares look well-placed to outperform in the months ahead.
That's according to Catapult Wealth's Blake Halligan, who tipped both S&P/ASX 200 Index (ASX: XJO) stocks as buys this week (courtesy of The Bull).
Here's why.
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Should you buy Technology One shares today?
"TNE delivers software-as-a-service (SaaS) solutions to government and business," Halligan noted.
"The company is emerging as one of the first SaaS names to flag a discrete artificial intelligence revenue stream, embedding AI across all 20 products," he added.
Summarising his bullishness on Technology One shares, Halligan concluded:
Recent updates point to accelerating momentum. We expect upcoming half year results on May 19 to beat expectations on new customer wins and AI product rollouts. Expansion in the UK remains a key long term growth opportunity.
How the ASX 200 tech stock is embracing AI
On 18 February, Technology One shares closed up 1.1% after the company increased its full-year FY 2026 profit and revenue growth forecasts, noting that AI was driving its confidence in the future.
Commenting on the upgraded guidance, Technology One CEO Ed Chung said:
SaaS+ and our products turbocharged through AI are our not so secret weapons, giving us the confidence to increase PBT growth to 18% to 20%, upgraded from our prior range of 13% to 17%, as well as guiding to ARR growth of 16% to 18%. We are targeting the top end of the guidance range for both PBT and ARR.
Which brings us to…
Eagers Automotive shares eyeing EV sales boost
Atop his buy recommendation for Technology One shares, Halligan also expects Eagers Automotive shares to outperform.
"Eagers is Australia's largest automotive retailer," Halligan said. "In recent months, APE has benefited from a sharp uplift in electric vehicle demand, with EV sales across Australia booming in March."
Explaining his buy recommendation on the ASX 200 stock, Halligan said:
APE posted revenue of $13 billion in full year 2025, up 16.5% on the prior corresponding period. The company grew its share in the new vehicle market to 13.9%, up from 11.5% in full year 2024.
Elevated fuel prices and ongoing dealership acquisitions support increased exposure to APE.
Eagers has also been on the acquisition path.
On 1 April, the company reported that it had acquired Audi Centre Melbourne and Audi Richmond from Zagame Automotive Group, as well as making a 49% investment in east coast-based Grand Motors Group.
Eagers Automotive shares closed up 3.7% on the day.
