S&P/ASX 200 Index (ASX: XJO) shares are 0.4% higher at 8,719.7 points on Monday.
Let's start the new week with some fresh ratings from the experts (courtesy The Bull).
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Netwealth Group Ltd (ASX: NWL)
The Netwealth share price is $17.04, down 1% today and down 44% over 12 months.
Steven Springford from Catapult Wealth has a buy rating on this ASX financial share.
Springford said:
This financial services company operates an investment management platform used by financial advisors in Australia.
The company delivered record total income of $391.1 million in full year 2026, an increase of 20.6 per cent on the prior corresponding period. Platform revenue increased 21 per cent. Record adjusted net profit after tax of $135.4 million was up 16.2 per cent.
The company is expecting even stronger inflows in fiscal year 2027.
Netwealth is well positioned to capture increasing market share. The weaker share price is appealing at these levels.
Develop Global Ltd (ASX: DVP)
The Develop Global share price is $4.40, up 1% today and up 1% over 12 months.
Arthur Garipoli from Dolphin Partners Financial Services has a hold rating on this copper and zinc miner.
He said:
DVP projects include Woodlawn, Yitirrti and the Pioneer Dome. Fiscal year 2027 will include a full year of production from the Woodlawn copper-zinc mine in New South Wales and the start of lithium direct shipping ore sales at the Pioneer Dome lithium mine in Western Australia.
The Woodlawn operation is expected to mine between 21,000 and 23,500 tonnes of contained copper equivalent metal in full year 2027, providing a strong cash flow base.
Cash flow will also be supported by first production and sales at the Pioneer Dome in the December quarter. DVP has a history of moving development projects into production amid the company embarking on its next growth stage.
Myer Holdings Ltd (ASX: MYR)
The Myer share price is steady at 19 cents on Monday, and down 62% over 12 months.
Garipoli has a sell rating on this ASX consumer discretionary share.
Garipoli explained:
This department store retailer recently posted a statutory loss after tax of $276.5 million in full year 2026, down 35.3 per cent on an actual basis. A one-off, non-cash, post tax impairment was $279.6 million.
Underlying net profit after tax of $42.5 million was 2.9 per cent lower on an actual basis. Comparable sales grew 0.7 per cent.
No final dividend was declared.
Myer is now relying on the upcoming Christmas period to bolster sales. But challenges persist given a higher interest rate environment and soaring cost of living expenses.
