If you are looking for S&P/ASX 200 index (ASX: XJO) shares to buy (and sell), then it could be worth hearing what one expert is saying, courtesy of The Bull.
Here are two ASX 200 shares they are tipping as buys and one share that they think is a sell:
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Coles Group Ltd (ASX: COL)
The team at Catapult Wealth is positive on supermarket giant Coles.
It highlights the company's attractive and reliable dividend yield and defensive earnings as reasons to buy. It said:
The supermarket industry structure remains favourable, with Coles and competitor Woolworths dominating market share. Coles posted group sales revenue of $45.580 billion in full year 2026, up 2.8 per cent on the prior corresponding period. Excluding significant items, group earnings before interest and tax of $2.322 billion was up 9.9 per cent.
Supermarket eCommerce sales was a highlight, growing 26.4 per cent. Coles offers a reliable dividend yield, backed by defensive earnings. Catalysts for growth include online expansion, population growth and supply chain automation.
National Australia Bank Ltd (ASX: NAB)
Catapult Wealth isn't as positive on NAB and has named it as an ASX 200 share to sell this week.
It believes that growth will be challenging for the banking giant in the near term and thinks investors could get better value for money elsewhere in the market. Catapult Wealth explains:
Revenue grew by 2 per cent in the third quarter of fiscal year 2026 when compared to the first half quarterly average. Cash earnings also increased by 2 per cent. In our view, the broader banking sector is facing several headwinds. The Federal Government announced changes to capital gains tax and negative gearing in the May Budget.
Investment loan applications have slowed amid a cost of living crisis. While the NAB business is well managed and the balance sheet is solid, it's difficult to identify any significant growth on the horizon. Investors may want to consider taking some profits and explore superior earnings growth opportunities elsewhere.
Netwealth Group Ltd (ASX: NWL)
The wealth management firm has named Netwealth as an ASX 200 share to buy.
It believes the investment management platform provider's shares are trading at an attractive level following recent weakness. Catapult Wealth said:
Netwealth operates a leading investment management platform used by financial advisers in Australia. The company's full year 2026 results continued to deliver strong growth, with the platform's funds under administration increasing 20.3 per cent to $135.7 billion and earnings per share growing 16 per cent to 55.2 cents.
Despite these strong results, the share price has fallen significantly, most likely and partially in response to a compensation payout of about $101 million to members in the collapsed First Guardian Master Fund. Share price weakness presents an opportunity, as Netwealth still holds a net cash position and is poised to generate strong revenue growth moving forward.
