If you are looking for some new investment opportunities, then it could be worth checking out the three ASX shares in this article.
That's because they have just been named as buy ideas by experts, courtesy of The Bull.
Let's see what they are recommending to investors:
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Argo Investments Ltd (ASX: ARG)
The team at Shaw and Partners thinks that this investment company's shares are undervalued at current levels and has named them as a buy.
The broker likes the company due to the discount to its underlying asset value, as well as its attractive fully franked dividend yield. It said:
This listed investment company is trading at a material discount to its underlying asset value, offering an attractive entry point. It provides broad diversity across leading Australian companies and pays a reliable fully franked dividend yield, which was recently above 4.4 per cent. Recent results highlight steady income growth and a strong balance sheet.
Its conservative style suits investors seeking income and stability. Buying at a discount enhances long term return potential, while maintaining exposure to high quality Australian equities.
Commonwealth Bank of Australia (ASX: CBA)
Over at Investor Pulse, it has named CBA shares as a buy. It believes that recent share price weakness has created a buying opportunity for long-term focused investors.
This is especially the case given Investor Pulse's belief that CBA shares could recover once sentiment in the banking sector stabilises. It said:
CBA remains Australia's dominant retail bank. The recent sharp sell-off has created a more attractive entry point for long term investors. The bank generated unaudited cash net profit after tax of $2.7 billion in the third quarter of fiscal year 2026, up 4 per cent on the prior corresponding period. Lending and deposits continued to grow despite a softer economic backdrop.
CBA also maintains strong capital levels and recently paid a fully franked interim dividend of $2.35 a share for the first half of fiscal year 2026. The shares fell heavily following housing concerns flowing from the Federal Budget. We see scope for a recovery once sentiment stabilises.
Kingsgate Consolidated Ltd (ASX: KCN)
Another ASX share that Investor Pulse rates as a buy this week is gold miner Kingsgate.
It highlights its exposure to elevated gold prices as a reason to be positive, commenting:
Kingsgate operates the Chatree gold mine in Thailand and is benefiting from elevated gold prices and improving operational momentum. We like the stock because March quarter gold production reached 21,036 ounces, with record margins of $US2613 per ounce.
Total cash and bullion climbed to $213.4 million, while debt was significantly reduced. Management is also targeting gold production of between 85,000 ounces to 95,000 ounces in full year 2026, supported by stronger grades and ongoing exploration upside near Chatree.
