S&P/ASX 200 Index (ASX: XJO) shares are down 0.3% to 9,234.3 points on Monday.
Among the 11 market sectors, healthcare is in the lead today, up 1.4%.
The financial sector is the laggard, down 2.3%, following the 3Q FY26 update from Westpac Banking Corp (ASX: WBC).
Let's check out some new ratings on ASX shares today (courtesy The Bull).
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Newmont Corporation CDI (ASX: NEM)
The Newmont share price is $159.39, up 4.3% today and up 51% over 12 months.
Christopher Watt from Bell Potter Securities has a buy rating on this ASX 200 gold share.
Watt said:
Newmont is the world's largest gold miner. Its free cash flow yield appears attractive at conservative gold price assumptions, and even more so if gold prices increase. It reported record second quarter free cash flow of $2.2 billion in fiscal year 2026.
In July, the company announced it was on track to meet full year production guidance of 5.3 million attributable ounces.
There's execution risk from Ghana's shifting regulatory environment and seismic disruption near its Cadia mine in New South Wales. But underlying operations remain solid and management appears to be navigating both issues well.
Stockland Corporation Ltd (ASX: SGP)
The Stockland share price is $4.31, up 0.1% today and down 24% over 12 months.
James Bills from Shaw and Partners has a hold rating on this ASX 200 property share.
Bills said:
This diversified property group provides exposure across residential communities, logistics assets, retail centres and land lease communities.
The business is well positioned to benefit from Australia's long term population growth and housing supply constraints, while its development pipeline supports future earnings growth.
Higher interest rates have created some short term headwinds across the property sector. However, Stockland's robust balance sheet and quality asset portfolio provide resilience.
The current outlook supports retaining the position.
National Australia Bank Ltd (ASX: NAB)
The NAB share price is $41.37, down 2.1% today and up 7% over 12 months.
Watt has a sell rating on this ASX 200 bank share.
He reckons investors should consider taking recent profits on NAB shares.
Watt said:
This tier-1 bank is showing resilient volume growth despite an uncertain environment.
Business and private banking lending balances increased 4 per cent in the June quarter when compared to the March quarter. The value of home lending applications was down 9 per cent quarter-on-quarter.
The stock has performed strongly since June 11 when it was priced at $35.68.
However, NAB has above average exposure to business banking compared to competitors, leaving it more exposed to any downturn in a slowing business economy.
Investors may want to consider taking a profit.
