I've cast my net wide this week, looking for share tips from the brokers that will deliver outsized returns.
The companies profiled are from across the spectrum of listed companies, and in the case of the highest profile company, it's from overseas.
Let's check that one out first.
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Space Exploration Technologies Corp (NASDAQ: SPCX)
Shares in SpaceX plunged 5.4% over the weekend to be changing hands for US$123.99, well below the company's initial public offer price of US$135, and a far cry from levels higher than US$200 the stock visited in the days following its listing.
Despite the recent share price weakness, analysts are almost ubiquitous in their belief that the shares will trade higher, and UBS is one of those, with a share price target of US$210.
The investment thesis is based on the fact that SpaceX is an early and dominant player in the space sector, and that it has the chance to use that dominance to advance its other business units.
Currently, the company's space and AI divisions are not turning a profit, while its Starlink connectivity division is.
Fot its part, UBS believes SpaceX has "an unparalleled set of assets with a multifaceted return profile and multiple drivers of upside for long term, risk tolerant investors''.
Hub24 Ltd (ASX: HUB)
Morgan Stanley has included Hub24 in its small-mid cap ideas list, saying in a note to clients that a broader sell-off in Australian technology growth stocks has pushed its share price lower.
Morgan Stanley says Hub24 has "delivered industry leading net flows and funds under administration growth as well as operating leverage in recent periods, yet has underperformed its closest peers'', which are Netwealth Ltd (ASX: NWL), Praemium Ltd (ASX: PPS), and AMP Ltd (ASX: AMP) on a year-to-date basis.
The broker said they believed the Federal Budget created more demand for financial advice and increased relative tax advantages for superannuation, which would benefit Hub24.
Morgan Stanley has a price target of $120 on Hub24 shares compared to $84.95 at the time of writing.
Wisetech Global Ltd (ASX: WTC)
Bell Potter says while there has been a tech rally "of sorts" on the ASX over the past couple of months, Wisetech did not gain during this time.
This was possibly due to negative press around the company's founder Richard White, they said, "and risk around both the FY26 result and FY27 guidance and whether each meets market expectations''.
They added:
In our view, however, these negatives will start to dissipate over the coming months and indeed have already commenced with the appointment earlier this month of Raelene Murphy to Chair which we regard as a positive move. We also believe the company will achieve its FY26 guidance when it reports next month – albeit with some risk around revenue but this should be made up by the margin – and the FY27 guidance will meet expectations following downgrades by the sell-side (ourselves included) over the past few months.
Bell Potter has a price target of $71.75 on Wisetech shares compared to $33.88 at the time of writing.
Light & Wonder Inc (ASX: LNW)
Jarden has released a research note on Light & Wonder ahead of its results release and says it expects the results to be broadly in line with consensus estimates.
The broker says customer demand has remained resilient in the US, and despite ongoing macroeconomic uncertainty, this should continue.
Jarden says it likes both Light & Wonder and Aristocrat Leisure Ltd (ASX: ALL), but it has a "strong preference" for Light & Wonder on valuation grounds.
The broker has a price target of $182 on the company's shares compared to $112.34 at the time of writing.
