2 ASX shares highly recommended to buy: Experts

These businesses could produce strong returns…

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Share prices are always changing, giving investors an opportunity to buy ASX shares with a great outlook.

When one analyst thinks a business is a buy, that's interesting, but when numerous experts think a stock is a buy, that suggests the business is a compelling opportunity.

So, let's look at two highly rated companies.

Green stock market graph with a rising arrow symbolising a rising share price.

Image source: Getty Images

Hub24 Ltd (ASX: HUB)

Hub24 has a number of businesses, including the Hub24 platform, Class, NowInfinity and myprosperity.

It offers advisers and their clients a comprehensive range of investment options, including managed product solutions, transaction and reporting functionality. Class provides wealth accounting software, particularly for SMSFs, and myprosperity is a client portal for accountants and financial advisers.

The company is still growing at a very good pace. In the three months to 31 March 2026, it reported platform net inflows of $4 billion (up 9% excluding large migrations) and total funds under administration (FUA) reached $151.7 billion (up 22% year over year).

The ASX share boasted that its platform ranked first for quarterly and annual net inflows, so it's a good sign that the business will stay ahead of its rivals and even increase the gap.

That quarterly update saw the business sign 37 new licensee agreements, with the total number of advisers using the platform increasing by 272 to 5,549 (up 11% year over year).

According to CMC Invest, there have been 11 ratings on the business over the last three months, with 8 buy ratings and 3 hold ratings. The average price target of those 11 ratings suggests the business could rise by more than 20% in the year ahead.

Metcash Ltd (ASX: MTS)

Metcash is a fairly diversified business. It supplies IGA supermarkets across Australia, as well as a number of independent liquor chains.

The company also has a business-to-business (B2B) division that supplies customers such as hotels, cafes, restaurants, and so on.

On top of that, Metcash has a hardware and tools segment that includes Mitre 10, Home Hardware, Total Tools and other, smaller businesses.

The most recent update from the business was guidance for the FY26 result, which is expected to be released on 22 June 2026.

The ASX share expects to report underlying net profit after tax (NPAT) of between $268 million and $270 million, with group revenue growth of 0.7% (or 3.8% growth excluding tobacco).

It noted a resilient performance in food and liquor, with the liquor operating profit (EBIT) margin improving in the second half of FY26. It also noted improved sales momentum in hardware and tools in the second half, while structural cost actions are underway.

According to CMC Invest, there have been eight ratings on the business in the last three months, with five buy ratings, two hold ratings and one sell rating. The average price target implies a possible rise of more than 10%.

Motley Fool contributor Tristan Harrison 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 Hub24. The Motley Fool Australia has recommended Hub24. 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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