The world is waiting for a fresh round of negotiations between the US and Iran to begin, as the global oil shock continues.

Meanwhile, the International Monetary Fund has warned of a global recession given the long-tail impact of energy supply shocks.

Amid this ongoing turmoil, brokers have reduced their ratings on six ASX 200 shares this week.

Let's take a look.

Macquarie Group Ltd (ASX: MQG)

The Macquarie share price is $231.83, up 0.5% today.

Over the past month, this ASX 200 bank share has lifted substantially, up 19%.

UBS downgraded Macquarie shares to a hold rating yesterday.

The broker considers the stock almost fully valued, given its 12-month price target of $235.

4DMedical Ltd (ASX: 4DX)

The 4DMedical share price is 7% lower on Friday at $4.91.

This ASX 200 healthcare share has skyrocketed 1,650% over 12 months.

Jefferies downgraded 4DMedical shares to a hold rating yesterday.

However, the broker believes this stock's value can continue to grow.

Its 12-month price target is $5.90, implying a potential 17% capital gain ahead.

QBE Insurance Group Ltd (ASX: QBE)

The QBE share price is $22.39, up 0.09% today.

The ASX 200 insurance share has lifted 13% in the year to date (YTD).

Macquarie downgraded QBE shares to a hold rating with a $25.10 price target on Friday.

Sandfire Resources Ltd (ASX: SFR)

The Sandfire Resources share price is $17.26, up 0.2% today.

The ASX 200 copper share has experienced a remarkable run over the past 12 months, rising 73%.

The copper commodity price climbed 42% in 2025 due to rising demand amid the green energy transition.

Sandfire Resources shares reached an all-time high of $21.75 per share in January.

Copper was sold off alongside other metals in February but has rebounded strongly since mid-March.

UBS downgraded Sandfire Resources shares to a sell rating today.

The broker reduced its 12-month price target from $17.70 to $16.75.

TechnologyOne Ltd (ASX: TNE)

The TechnologyOne share price is $28.64, down 3.8% today.

TechnologyOne lost a quarter of its valuation amid the tech wreck that began in 1H FY26.

The ASX 200 tech share is down 26% over the past six months but has rallied 4.5% this month amid a sector turnaround.

Morgans downgraded TechnologyOne shares to a hold rating today.

The broker has a price target of $31.20, implying a potential 9% upside ahead.

Reece Ltd (ASX: REH)

The Reece share price is $13.63, up 1% today.

This ASX 200 industrial share is down 12% year over year, but has lifted 13.6% over the past six months.

Morgans downgraded Reece shares to a hold rating today.

The broker reduced its 12-month price target from $17.70 to $14.10.

This still suggests a near-5% upside ahead.

The post 6 ASX 200 shares downgraded by brokers this week appeared first on The Motley Fool Australia.

After a strong run, it is normal to see pullbacks. When they happen, I think it helps to already know which shares you would want to buy rather than reacting in the moment.

If the market dropped again, these are three ASX shares I would be looking at.

CSL Ltd (ASX: CSL)

CSL has already been through a tough period, with its share price still well below where it was a year ago.

That is part of the reason I would be interested in the biotech if there were further weakness.

The core of the business remains strong. CSL Behring continues to operate in plasma therapies, where demand is tied to chronic conditions that require ongoing treatment. That creates a recurring revenue base.

There is also a pipeline of products and ongoing investment in innovation that can support future growth.

If the share price were to fall further, I think it would start to look increasingly attractive relative to its long-term growth profile.

REA Group Ltd (ASX: REA)

REA Group is a different type of opportunity.

It sits at the centre of Australia's property market through realestate.com.au. That gives it a strong position and pricing power over time.

The property cycle can move around, which can impact listings and short-term revenue. That is usually when the share price comes under pressure.

But over longer periods, REA has shown an ability to grow earnings by increasing yields per listing and expanding its product offering.

A share market pullback would not change that. It would simply give investors a chance to buy a high-quality ASX share at a lower price.

Macquarie Group Ltd (ASX: MQG)

Macquarie is one I keep an eye on during volatility.

Earnings can move around depending on market conditions, particularly in areas like asset management and commodities trading. That tends to create swings in the share price.

Macquarie has built a global business across infrastructure, energy, and asset management. It has multiple earnings streams and a track record of finding new opportunities.

When markets fall, those cyclical earnings concerns often come to the surface. That can create opportunities to buy into the business at more reasonable valuations.

Foolish takeaway

Market pullbacks are not always comfortable, but they can create opportunities.

The key, I think, is knowing which businesses you would want to own before prices fall.

For me, CSL, REA Group, and Macquarie are three examples of high-quality ASX shares that I would be happy to buy if the market gave me another chance at a cheaper price.

The post 3 ASX shares I'd buy if the market dropped again appeared first on The Motley Fool Australia.

The investment bank's shares have jumped 23% over the past month and are now up 35% for the year, pushing toward fresh all-time highs. At around $241.27, Macquarie is trading just shy of record levels, and investors are piling in.

So what's driving the surge?

Global exposure

Unlike traditional lenders, Macquarie is far more than just a bank. While $90 billion Macquarie shares rank as the fifth-largest member of the S&P/ASX 200 Index (ASX: XJO) banking cohort by market value, its business model is significantly more diversified.

Macquarie operates across 34 global markets, spanning asset management, infrastructure investment, commodities trading, advisory, and capital markets. Around two-thirds of its earnings come from offshore, reducing reliance on the Australian economy and adding a layer of geographic diversification.

That breadth is proving particularly valuable right now. While major banks tend to rely heavily on lending margins, Macquarie's exposure to trading and capital markets can actually benefit during periods of volatility. With markets swinging and commodity prices shifting, that flexibility has become a major advantage.

Hybrid financial

And the growth is backing it up.

In its third-quarter update for FY26, Macquarie reported solid momentum across key divisions. Macquarie Asset Management saw assets under management rise 3% quarter on quarter, while its Banking and Financial Services segment delivered a 6% lift in deposits. The home loan portfolio also expanded by 7%, pointing to steady underlying demand.

In short, multiple parts of the business are firing at once. That combination of diversification and growth is a big reason investors are re-rating Macquarie shares. It's not just a defensive financial, it's a hybrid model that can capture upside in different market conditions.

What next for Macquarie shares?

Analysts are taking notice. Stronger financial performance, combined with positive market momentum, has led brokers to lift their expectations, particularly in areas like asset management and trading.

According to TradingView data, 10 out of 15 brokers rate Macquarie shares as a buy or strong buy, with four sitting on a hold. The average price target is $243.50, suggesting the stock is already close to fair value after its recent rally.

But not everyone thinks the run is over. Morgan Stanley recently upgraded Macquarie to an overweight rating, setting a $270 price target. That implies potential upside of around 12% from current levels.

The broker believes Macquarie is well-positioned to benefit from ongoing volatility in commodity markets and sees scope for further earnings growth across its divisions.

Foolish Takeaway

Macquarie's rally isn't just about sentiment. It reflects a business that is executing well, growing across multiple fronts, and thriving in an uncertain environment.

For investors, that's a powerful combination and one that explains why demand for the shares remains so strong.

The post Why is everyone buying Macquarie shares? appeared first on The Motley Fool Australia.

That would likely lead me toward companies with strong positions in their industries and earnings that can support reliable dividends.

Here are four ASX shares I would look at right now.

BHP Group Ltd (ASX: BHP)

BHP is one of the first names that comes to mind for passive income.

It generates significant cash flow from its large-scale mining operations and that flows through to dividends when conditions are supportive.

I also like the direction the business is heading. Copper is becoming a bigger part of the story, which ties into long-term demand from electrification and infrastructure.

There is also future growth from potash, which could add another layer to earnings over time.

Overall, I think this makes the mining giant a great option for an income portfolio.

Telstra Group Ltd (ASX: TLS)

Telstra is another ASX share that could be a good candidate for a passive income portfolio.

The telco leader operates in an essential industry, with customers relying on its network every day. That creates recurring revenue, which helps support its dividend.

In addition, the business continues to invest in its network, which supports its position and earnings over time.

As a result, I see this as one of the steadier income options on the ASX.

Macquarie Group Ltd (ASX: MQG)

Macquarie adds something different to the mix.

Its earnings come from a range of activities, including asset management, infrastructure, and financial services. That diversification can support income over time, even as different parts of the business move through cycles.

I also like how the company allocates capital. It has a long history of identifying opportunities and building new earnings streams, which can support both growth and dividends.

Coles Group Ltd (ASX: COL)

Coles is a business I associate with consistency.

People continue to spend on groceries regardless of the broader environment, and that helps support steady revenue and earnings.

The company is also busy investing in its supply chain and operations, which can improve efficiency over time.

I think that combination makes it a reliable and defensive option when I'm thinking about income.

Foolish takeaway

If I were building a passive income portfolio, I would focus on businesses that can keep generating cash and returning it to shareholders over time.

These companies each bring something different, but they all have the ability to support income through a range of conditions, which is what I would look for in this part of the market.

The post Where I'd invest on the ASX for passive income right now appeared first on The Motley Fool Australia.

Telstra shares have experienced a solid run. The telco is up almost 10% year to date and 22% over the past 12 months. That comfortably outpaces the broader S&P/ASX 200 Index (ASX: XJO), which has gained 3% in 2026 and 15% over the same period.

So, has Telstra already done the heavy lifting, or is there still more upside ahead?

Unmatched mobile scale

Start with the positives. Telstra remains Australia's dominant telecommunications provider, with unmatched scale across mobile networks and infrastructure. That leadership translates into real pricing power and the company is actively using it.

Recent price increases on mobile plans are a key driver. Thanks to relatively sticky customers, those higher prices are expected to flow through to both revenue and margins. In a high-cost environment, that ability to pass on increases is a major advantage.

Telstra also benefits from operating in a defensive sector. Connectivity is no longer discretionary. Whether economic conditions are strong or weak, consumers and businesses continue to pay for mobile and internet services. That makes the company a reliable option during periods of market volatility.

Longtime dividend favourite

Income is another major part of the appeal. Telstra shares have long been a favourite among dividend investors, supported by consistent cash flow and a mature operating model. Its payout ratio sits close to 100% of earnings, highlighting its focus on returning capital to shareholders.

The company pays two dividends annually. Its most recent interim dividend came in at 10.5 cents per share, largely franked, and management is guiding for a full-year dividend of 20 cents for FY26. That combination of yield and reliability continues to attract income-focused investors.

Slow steady expansion

But there are limits to the story of Telstra shares.

Telstra is not a high-growth business. As a mature operator, its earnings expansion tends to be gradual rather than explosive. Investors shouldn't expect rapid capital appreciation, this is more about steady compounding.

Competition also remains a constant pressure. Rivals continue to target market share across both mobile and broadband. While Telstra's network advantage is significant, it isn't unassailable. Any misstep could give competitors an opening.

There's also a ceiling to pricing power. Push prices too aggressively, and even loyal customers may start to reassess their options. Managing that balance will be critical.

So, what's the verdict?

Telstra shares have already delivered strong gains, and while the outlook remains stable, upside from here could be more modest. Most brokers currently sit on a hold rating, with an average price target of $5.26, slightly below the current share price.

That said, Macquarie Group Ltd (ASX: MQG) analysts take a more optimistic view. They rate Telstra as an outperform, expecting recent price increases to support both earnings and dividends. Their 12-month price target of $5.64 implies modest upside of around 5.5% and could bring the total earning, including a yield of roughly 3.7, to over 9%.

In short, Telstra remains what it has always been: a dependable, income-generating stock with defensive qualities. Just don't expect it to turn into a rocket ship anytime soon.

The post Up 22%, are Telstra shares still worth a buy? appeared first on The Motley Fool Australia.

I focus on ASX shares that have strong foundations and the ability to grow alongside the markets they serve. These are the kinds of businesses that can justify a long-term place in a portfolio.

Here are three ASX shares I'd feel comfortable holding for the next decade.

Goodman Group (ASX: GMG)

Goodman Group is a property company that sits at the centre of a powerful structural trend.

Its portfolio is closely tied to logistics, warehousing, and increasingly data centres, which are essential to how goods and data move around the world.

What stands out to me is how its assets connect to long-term demand.

E-commerce continues to reshape supply chains, while the growth of cloud computing and artificial intelligence (AI) is driving demand for data infrastructure. Goodman has positioned itself to support both.

The company's integrated model also adds another layer.

It develops, owns, and manages assets, which allows it to capture value across multiple parts of the lifecycle. Over time, that can support both earnings growth and asset expansion.

TechnologyOne Ltd (ASX: TNE)

TechnologyOne is a business built on consistency.

It provides enterprise software to government, education, and large organisations, with a model that centres on recurring revenue and long-term customer relationships.

What I find attractive is the predictability of that model. As more customers move onto its platform and remain there, revenue builds steadily. That creates a strong foundation for growth.

There is also a clear pathway for expansion.

The company continues to deepen its presence with existing customers while growing internationally. Over a long period, that combination can support compounding earnings.

Macquarie Group Ltd (ASX: MQG)

Macquarie brings a different type of exposure. It operates across asset management, infrastructure, renewable energy, and financial services, with a global footprint that continues to evolve.

What I think stands out is its ability to allocate capital. The company has a long history of identifying emerging opportunities and building businesses around them. That adaptability allows it to grow across different cycles.

Macquarie also provides exposure to real assets and long-term investment themes, which can add a different dimension to a portfolio.

Foolish takeaway

When I think about holding ASX shares for a long time, I look for businesses that can keep progressing without needing constant reinvention.

I think Goodman, TechnologyOne, and Macquarie fit that mindset.

The post 3 ASX shares I'd feel comfortable holding for the next decade appeared first on The Motley Fool Australia.

Today's uptick means CBA shares are now up 11% for the year to date and 6.5% higher than this time last year.

CBA shares spiked over 12% in 48 hours in mid-February after it posted an unexpectedly positive half-year FY26 result. Since then, the bank shares have remained in the spotlight but have been relatively stable.

But CBA shares are widely considered overvalued relative to its peers, and its bumper price tag isn't supported well by its business fundamentals. 

CBA's price-to-earnings (P/E) ratio, at the time of writing, is 28.69. This is much higher (and therefore more expensive) than the other major big four Australian banks.

At the same time, the bank is facing ongoing net interest margin pressure from intense market competition and regulatory changes. 

I think CBA shares are well overdue for a correction. And when that happens, we could even see the value crash below $100.

Here are two other ASX bank shares I'd rather own instead.

Forget CBA shares, these are my ASX bank stock picks

Analysts are mostly bearish about ASX bank stocks, with some tipping significant downsides and value corrections ahead.

But there are two exceptions: Macquarie Group Ltd (ASX: MQG) and Judo Capital Holdings Ltd (ASX: JDO).

Macquarie is the fifth-largest ASX 200 bank by market capitalisation, and it is incredibly diversified. The bank does more than just banking; it also provides financial, advisory, investment, and fund management services across 34 markets globally. 

That means it has exposure to commodities trading, infrastructure deals, asset management, and capital markets across multiple regions.

Unlike CBA, it isn't reliant on lending margins, and its diversity means that it can remain stable, or even benefit, when markets are going through periods of volatility.

The business is growing too. In February, the investment bank posted its third-quarter trading update for FY26, where it revealed the business has benefited from strong quarterly growth. 

Then there is Australian-based Judo Bank, which provides financial services and lending to small and medium enterprises (SMEs) with annual turnovers of up to $100 million. 

The bank was founded in 2016, received its banking license in 2019, and was listed on the ASX in 2021. So it's relatively new in comparison to majors like CBA. 

Judo Bank has also had a strong start to FY26. At its latest AGM, it said lending momentum was strong over the first quarter and that it's confident it can achieve FY26 guidance of $180-$190 million. Guidance was confirmed again when it posted its first-half FY26 results in mid-February.

What do analysts expect for these ASX bank stocks?

Analysts are very bullish on both Macquarie and Judo shares over the next 12 months.

TradingView data shows most analysts (10 out of 15) have a buy or strong buy rating on Macquarie shares, with a maximum target price of $270. At the time of writing, Macquarie shares are trading at $138.60, implying a 13.2% upside.

Analysts are even more positive about Judo Bank shares. Out of 13, 12 have a buy or strong buy rating on the stock, and they forecast a maximum target price of $250. At the time of writing, Judo shares are trading at $1.49 each, which implies a huge 67% upside over the next 12 months. 

The post Forget CBA shares — here are 2 ASX bank shares I'd rather own right now appeared first on The Motley Fool Australia.

Three broker buy ratings that you might want to know more about are summarised below. Here's why brokers think these ASX shares are in the buy zone:

Netwealth Group Ltd (ASX: NWL)

According to a note out of Bell Potter, its analysts have retained their buy rating and $30.00 price target on this investment platform provider's shares. Bell Potter notes that Netwealth released its quarterly update this week and delivered funds under administration (FUA) that fell a touch short of expectations. However, this FUA miss was due to a $3.7 billion negative market movement. The good news is that with markets rebounding in April, Bell Potter believes that most of this miss has now been reversed. Outside this, the broker highlights that Netwealth shares have de-rated to trade on 28x forward EBITDA. This compares to 33x through-the-cycle. Bell Potter believes there is scope for a re-rating in the future, which could make now a good time to buy. The Netwealth share price ended the week at $25.42.

Qantas Airways Ltd (ASX: QAN)

A note out of the Macquarie equities desk reveals that its analysts have retained their outperform rating on this airline operator's shares with a slightly reduced price target of $11.00. This follows the release of a market update from Qantas which revealed higher fuel costs compared to previous expectations. However, Macquarie was pleased to see that Qantas' yields have improved, which has underpinned international and domestic revenue growth ahead of estimates. In addition, it thinks Qantas is well-placed to adapt to challenges from the war in the Middle East through its accelerated fleet retirement. The Qantas share price was fetching $9.08 at Friday's close.

ResMed Inc. (ASX: RMD)

Analysts at Ord Minnett have retained their buy rating on this sleep disorder treatment company's shares with a trimmed price target of $41.40. According to the note, the broker is forecasting ResMed to deliver double-digit earnings and revenue growth in FY 2026. The good news is that it then expects this trend to continue through to at least FY 2028. Ord Minnett believes this will leave ResMed with a significant cash balance, which could lead to further capital management initiatives. Overall, it feels this makes the company's shares a top option for investors after recent weakness. The ResMed share price ended the week at $31.52.

The post Top brokers name 3 ASX shares to buy next week appeared first on The Motley Fool Australia.

With its exposure to iron ore, copper, and other key commodities, it has a long history of returning significant cash to shareholders.

But how much passive income could a $10,000 investment actually generate? Let's break it down.

How many BHP shares would you own?

Based on the current BHP share price of $55.92, which is close to its record high, a $10,000 investment would buy me approximately 178 shares.

This forms the foundation for estimating my future dividend income.

What is BHP expected to pay?

According to a recent note out of Macquarie Group Ltd (ASX: MQG), its analysts are forecasting BHP to pay fully franked dividends of approximately $1.98 per share in FY 2026 and then $1.85 per share in FY 2027.

For this article, we will focus on the FY 2027 estimate.

My estimated passive income in 2027

If the mining giant were to pay $1.85 per share in FY 2027 as Macquarie expects, then my 178 BHP shares would generate a total of $329.30 in passive income.

But it doesn't necessarily stop there. One of the key benefits of BHP's dividends is that they are typically fully franked.

This means investors may receive additional value through franking credits, which represent tax already paid by the company. Depending on my tax situation, this could increase the effective yield of my investment.

A variable income stream

It is important to remember that BHP's dividends are not fixed.

As a mining company, its earnings and payouts are influenced by commodity prices, particularly copper and iron ore. When prices are strong, dividends can be higher. When they fall, payouts can decline.

This makes BHP different from more stable dividend payers like Commonwealth Bank of Australia (ASX: CBA) or infrastructure companies.

Foolish takeaway

A $10,000 investment in BHP shares could generate around $329 in annual passive income for me in 2027, based on current forecasts.

That represents a dividend yield of just over 3% at today's share price, before factoring in franking credits.

While this is a modest yield compared to other years, due largely to its significant share price appreciation over the past 12 months, it is still attractive and could play an important role in a balanced income portfolio.

The post If I invest $10,000 in BHP shares, how much passive income will I receive in 2027? appeared first on The Motley Fool Australia.

In 2026 alone: 

• Woolworths Group Ltd (ASX: WOW) shares are up 25% to $36.78
• Macquarie Group Ltd (ASX: MQG) shares have risen nearly 33% to $238.37
• Telstra Group Ltd (ASX: TLS) have lifted 20% to $5.32

When stocks roar to new highs, it can be difficult for investors to pinpoint fair value. 

Those who have owned the shares might be considering taking their profits and seeking more opportunities elsewhere. 

Those on the outside looking in might be wondering if there is any more upside. 

Let's look at what's pushing these shares to 52-week highs and how experts are viewing them. 

Woolworths

Woolworths holds the largest market share in the Australian supermarket industry. 

This dominance puts it firmly in the defensive sector.

Put simply, people still need the essential goods and services Woolworths provides regardless of economic conditions. 

Investors often push into defensive positions amid global economic, political unrest, or high inflation environments. 

This year, consumers have dealt with all three, which has led to a strong performance from Woolworths shares. 

Today, it is trading at $36.80 per share, just below 52-week highs. 

So, is there any further upside?

According to 15 analyst forecasts via TradingView, it is hovering right around fair value. 

However, it's worth noting that if inflation and interest rates continue to rise, it may continue to benefit as a defensive option. 

Macquarie

Macquarie provides banking, financial, advisory, investment, and fund management services across 34 markets globally.

It is charging even higher today, hitting a fresh 52-week high around $239. 

This growth has been driven by strong financial results and good market momentum. 

Based on 13 analyst ratings via TradingView, Macquarie Group shares are also close to fair value. 

Of these forecasts, the lowest is just 8% lower than current levels, while the highest is $270 per share. 

If they were to reach that price, it would be a further 13% rise. 

Telstra

Telstra shares have benefited from the same defensive attributes as previously discussed for Woolworths. 

It is Australia's largest and longest-running provider of telecommunications and information products and services. 

This means its earnings are largely tied to essential services. 

It also has a reputation as one of Australia's most reliable dividend shares.

Today, shares are trading at approximately $5.33 each, just below recent 52-week highs. 

Based on 13 analyst ratings on TradingView, there is limited further upside, with the average price target at $5.26. 

The post Are these ASX stocks hitting 52-week highs a buy, hold, or sell? appeared first on The Motley Fool Australia.

One of today's stars is a financial company, the second produces uranium, and the third is a lithium producer.

So, which companies are hitting new high-water marks?

Read on!

Macquarie Group Ltd (ASX: MQG) lifts on positive sentiment

Macquarie shares are up 1.7% at the time of writing, changing hands for $239.14 each.

That's the highest share price for the ASX 200 diversified financial stock since January 2025. And it sees the Macquarie share price up 33% in 12 months. Macquarie shares also trade on a partly franked 2.8% trailing dividend yield.

The last price-sensitive news out from the company was its third-quarter trading update back on 10 February.

But the stock may be getting an added boost this week amid an upgrade from Morgan Stanley. The broker has an overweight weighting on Macquarie shares with a $270 price target. That represents a potential upside of almost 13% from current levels.

PLS Group Ltd (ASX: PLS) gets a funding boost

PLS Group – formerly known as Pilbara Minerals – is also hitting new highs today.

Shares in the ASX 200 lithium titan are up 3.1% at the time of writing, trading for $5.56 apiece. That's not just a new one-year high, but if PLS can hold these gains to close, it will mark a new all-time high for the stock.

PLS looks to be getting an added boost today after announcing a new US$600 million (AU$847 million) debt funding issuance.

The new senior unsecured notes come due in 2031 at an annual interest rate of 6.88%. The lithium miner intends to use the proceeds to refinance its AU$375 million drawn-on revolving credit facility and for general operating purposes.

Paladin Energy Ltd (ASX: PDN) shares riding the uranium wave

Paladin Energy shares are also trading in new one-year-plus high territory today.

Shares in the ASX 200 uranium stock are up 4.4%, changing hands for $14.40 each. That's the highest level since June 2024.

There's no fresh news out from Paladin Energy, but the uranium sector is broadly outperforming today amid rising global sentiment for the nuclear fuel.

Looking at some of Paladin's chief rivals, Boss Energy Ltd (ASX: BOE) shares are up 6.1% today, Bannerman Energy Ltd (ASX: BMN) shares are up 4.4%, and Deep Yellow Ltd (ASX: DYL) shares are up 2.3%.

The post 3 ASX 200 titans charging to new one-year-plus highs today appeared first on The Motley Fool Australia.

For me, the focus would be on finding businesses that are easy to understand, have clear long-term drivers, and offer a mix of stability and growth. That kind of foundation can make it easier to stay invested and build confidence over time.

Here are four ASX 200 stocks I think fit that approach.

Hub24 Ltd (ASX: HUB)

Hub24 is a platform business that sits behind how many Australians invest their money.

It provides technology and administration services to financial advisers, allowing them to manage client portfolios more efficiently. That might not be something most investors see directly, but it plays an important role in the broader investment ecosystem.

What stands out to me is the structural shift taking place. More advisers are moving toward platform-based solutions, and funds under administration tend to grow as more clients and assets come onto the platform. That creates a growth profile that builds over time.

For a beginner, I think this is a useful example of a business that benefits from a broader industry trend rather than relying on a single product or outcome.

BHP Group Ltd (ASX: BHP)

BHP offers exposure to something very different. It is one of the world's largest mining companies, producing commodities like iron ore and copper that are essential to the global economy.

What I like here is the simplicity of the underlying demand. These are materials that support infrastructure, construction, and the transition toward electrification. While commodity prices can move around, the long-term need for these resources remains.

BHP also provides income through dividends, which can be appealing for investors looking to build income over time.

Macquarie Group Ltd (ASX: MQG)

Macquarie is a more complex business, but I think it is a good example of how diversification can work within a single company.

This ASX 200 stock operates across asset management, infrastructure, energy, and financial services, with a global footprint.

What I like is its ability to evolve. Macquarie has a long history of identifying areas of growth and allocating capital accordingly. That flexibility allows it to adapt as markets change, which I think is valuable over the long term.

For a beginner, it offers exposure to a wide range of activities without needing to pick each one individually.

Commonwealth Bank of Australia (ASX: CBA)

Lastly, Commonwealth Bank is one of the most recognisable companies on the ASX.

It has a dominant position in the Australian banking sector and generates earnings through lending, deposits, and financial services.

What I like here is the consistency. The bank has delivered strong returns over time and pays regular dividends, which can help provide a steady foundation for a portfolio.

It also gives beginners exposure to the financial sector, which plays a central role in the economy.

Foolish Takeaway

For a beginner, building a portfolio comes back to choosing businesses that are understandable and supported by long-term trends.

Hub24 benefits from the shift toward platform-based investing, BHP provides exposure to essential global resources, Macquarie offers diversification and adaptability, and Commonwealth Bank adds stability and income.

They are not the only ASX 200 stocks worth considering, but I think they provide a solid starting point for anyone looking to begin their investing journey.

The post Why I'd buy these ASX 200 stocks if I were a beginner appeared first on The Motley Fool Australia.

Wednesday's uptick follows a month-long share price rally which has seen the stock jump 21.2% in value. They're now up 15.4% for the year to date and 30.5% higher than this time last year.

What has pushed Macquarie shares higher over the past month?

Macquarie is the fifth-largest ASX 200 bank by market capitalisation, but it's more than just a bank. 

Macquarie provides banking, financial, advisory, investment, and fund management services across 34 markets globally. That means it has exposure to commodities trading, infrastructure deals, asset management, and capital markets. 

The bank also makes around two-thirds of its money internationally, which reduces the risk of being too focused on one region.

This means that, unlike many other Aussie banks, it isn't reliant on lending margins and its diversity means that it can remain stable, or even benefit, when markets are going through periods of volatility like we've endured for the past couple of months.

Can Macquarie keep growing?

In February, the investment bank posted its third-quarter trading update for FY26, where it revealed the business has benefitted from strong quarterly growth. 

Macquarie Asset Management (MAM) reported assets under management (AUM) up 3% quarter on quarter, and Macquarie's Banking and Financial Services (BFS) segment's total deposits were up 6% quarter on quarter. 

The BFS home loan portfolio increased by 7%.

Stronger financial results combined with good market momentum has seen analysts hike their performance expectations across several of the bank's divisions.

The Financial Review reports that Bloomberg consensus analyst estimates now point to Macquarie reporting a 2026 profit of $4.3 billion when Wikramanayake delivers the results next month. Macquarie's annual profit peaked at $5.2 billion in 2023.

What do analysts expect from Macquarie shares going forward?  

TradingView data shows that brokers are incredibly bullish on the outlook for Macquarie shares over the next 12 months. Out of 15 analysts, 10 have a buy or strong buy rating on the investment bank's shares, and another five have a hold rating.

The average target price is $242.95 a piece, which implies a potential 3.3% upside from here. But others think the shares could jump another 14.8% to $270.

The team at Morgan Stanley upgraded Macquarie shares earlier this week to an overweight (buy) rating with a price target of $270 per share. The broker said it thinks Macquarie is well-placed to benefit from volatility in commodity markets and still sees potential for a meaningful re-rating thanks to its positive earnings growth outlook. 

Analysts at Jarden also recently reiterated a buy rating on the shares with a price target of $240.

The post Macquarie shares soar 21% to a 52-week high: Buy, sell or hold? appeared first on The Motley Fool Australia.

Four ASX shares that are rising more than most today are listed below. Here's why they are racing higher:

Boss Energy Ltd (ASX: BOE)

The Boss Energy share price is up almost 8% to $1.73. This is despite there being no news out of the uranium producer today. However, it is worth noting that most uranium stocks are rallying today. And with short sellers having a high level of interest in Boss Energy shares, some could be buying shares to close positions.

Macquarie Group Ltd (ASX: MQG)

The Macquarie share price is up almost 4% to $232.24. This appears to have been driven by a bullish broker note out of Morgan Stanley this morning. According to the note, the broker has upgraded the investment bank's shares to an overweight rating with an improved price target of $270. The broker believes that Macquarie is well-placed to benefit from volatility in commodity markets. And while it concedes that its shares are not cheap, it still sees potential for a meaningful re-rating thanks to its positive earnings growth outlook. Morgan Stanley's price target implies potential upside of 16% over the next 12 months.

Nova Minerals Ltd (ASX: NVA)

The Nova Minerals share price is up almost 10% to 75.2 cents. Investors have been buying this gold explorer's shares following the release of drilling results from its flagship Estelle Gold and Critical Minerals Project, which is located in the prolific Tintina Gold Belt in Alaska. Management stated: "The 2025 surface sampling at Portage Pass has outlined a broad gold anomaly just over the ridge from the established Korbel deposit. The proximity to existing resources and proposed infrastructure makes Portage Pass particularly compelling. These early results reinforce our belief that the greater Estelle district continues to deliver new opportunities with real upside potential."

WiseTech Global Ltd (ASX: WTC)

The WiseTech Global share price is up 6% to $39.38. The catalyst for this has been a strong night of trade on Wall Street's Nasdaq index for software stocks. WiseTech isn't alone with its rise today. Most tech stocks are rising today. This has led to the S&P/ASX All Technology Index is up 2.55% at the time of writing.

The post Why Boss Energy, Macquarie, Nova Minerals, and WiseTech shares are storming higher today appeared first on The Motley Fool Australia.

Others are different. They are the kind of businesses I would feel comfortable owning without needing to follow every update, because the underlying direction is clear and the long-term drivers are still in place.

Here are three ASX shares I think fit that description.

TechnologyOne Ltd (ASX: TNE)

TechnologyOne is not the type of company that tends to dominate headlines. But I think that is part of what makes it appealing over a long period.

It provides enterprise software to government agencies, universities, and large organisations. These are not customers that switch systems lightly. Once the software is embedded, it often becomes part of day-to-day operations.

What I like most is the nature of those relationships. They tend to be long-term, recurring, and built around essential functions like finance, payroll, and administration. That creates a level of revenue visibility that can support steady growth over time.

The shift to a software-as-a-service model has also strengthened that position.

Instead of one-off licence sales, the business now generates more predictable income, which can compound as new customers are added and existing ones expand their usage.

For me, it is a business that does not need to reinvent itself every few years to keep growing.

Goodman Group (ASX: GMG)

Goodman Group is often described as a property company, but I think that label misses part of the story.

What it is really doing is developing and managing the infrastructure that supports the modern economy.

That includes logistics facilities, but increasingly it also includes data centres and digital infrastructure. These are assets that sit behind trends like ecommerce, cloud computing, and artificial intelligence.

What I find interesting is how the business evolves alongside those trends. It is not just collecting rent. It is identifying where demand is going and positioning itself early, whether that is through land acquisition, development, or partnerships.

That adaptability is important for a long-term holding. It means the ASX share is not tied to a single theme. Instead, it can shift its focus as the world changes, while still operating within its core area of expertise.

Macquarie Group Ltd (ASX: MQG)

Macquarie is probably the most complex of the three, but I think it is also one of the most flexible.

It operates across asset management, infrastructure, energy, and financial services, with a global footprint.

At first glance, that can seem difficult to follow. But over time, I think that breadth becomes an advantage. Different parts of the business perform at different times. When one area slows, another may be benefiting from changing market conditions. That diversification can help smooth performance across cycles.

What stands out to me is the company's ability to adapt. Macquarie has a long history of moving into new areas of opportunity, whether that is infrastructure, renewable energy, or commodities. It tends to position itself where capital and demand are growing.

For a long-term investor, that kind of evolution can be valuable.

Foolish takeaway

Buying shares for 10 years is about choosing businesses that can remain relevant without constant oversight.

I think these ASX shares tick that box. TechnologyOne benefits from long-term customer relationships and recurring revenue, Goodman Group is building infrastructure tied to how the economy is evolving, and Macquarie brings diversification and the ability to adapt across different environments.

The post The ASX shares I'd buy and forget about for 10 years appeared first on The Motley Fool Australia.

The market was closed on Monday as Australians celebrated Easter.

The S&P/ASX 200 Index (ASX: XJO) ripped 4.41% to 8,960.6 points over the four trading days.

The remarkable recovery followed news of a two-week ceasefire deal between the US and Iran.

ASX investors hope this will pave the way toward an end to the war in Iran.

Investors continued to buy the dip last week following the steep sell-off over the first three weeks of March.

ASX 200 shares fell 9.1% between 2 March and 23 March before a rebound began, with the index now up 7.1% since then.

James Gerrish from Shaw and Partners says "war fear" in the market is fading but "we're not out of the woods yet".

Businesses across multiple sectors are still assessing the impact of the oil shock, which is likely to reverberate for months to come.

Let's recap the week.

Financial shares led the ASX sectors last week

The ASX 200 financial sector incorporates bank shares, insurers, fund managers, financial services providers, and more.

Let's take a look at how some of these ASX financial stocks performed last week.

The Commonwealth Bank of Australia (ASX: CBA) share price rose 5.98% to close at $183.38 on Friday.

ANZ Group Holdings Ltd (ASX: ANZ) shares lifted 6.31% to $38.84.

Westpac Banking Corp (ASX: WBC) shares ascended 6.87% to $42.77.

The National Australia Bank Ltd (ASX: NAB) share price spiked 9.06% to $45.36.

The Macquarie Group Ltd (ASX: MQG) share price soared 9.3% to finish the week at $225.

Among the ASX 200 investment companies and fund managers, GQG Partners Inc (ASX: GQG) shares fell 0.28% to $1.78.

Magellan Financial Group Ltd (ASX: MFG) shares fell 0.84% to $9.45 amid a shareholder vote on the Barrenjoey merger on Friday.

Magellan announced it had received more than 90% approval from shareholders.

Washington H. Soul Pattinson and Co Ltd (ASX: SOL) shares lifted 3.92% to $42.98.

Among the financial services providers, AMP Ltd (ASX: AMP) shares lifted 6.06% to $1.37.

The Challenger Ltd (ASX: CGF) share price lost 2.6% to close at $8.07 on Friday.

ASX 200 buy now, pay later share Zip Co Ltd (ASX: ZIP) ripped 16.5% to $1.85.

Among the insurers, Insurance Australia Group Ltd (ASX: IAG) shares fell 1.03% to $7.21.

Medibank Private Ltd (ASX: MPL) shares lifted 1.92% to $4.52.

The QBE Insurance Group Ltd (ASX: QBE) share price ascended 4.13% to $22.46.

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up last week, according to CommSec data.

Over the four trading days:

Looking for inspiration after the March sell-off?

Check out these 7 ASX 200 shares just upgraded to strong buy consensus ratings after last month's turmoil.

The post ASX 200 shares rip with financials leading a remarkable recovery last week appeared first on The Motley Fool Australia.

Two standout ASX stocks — REA Group Ltd (ASX: REA) and Aristocrat Leisure Ltd (ASX: ALL) — were among the losers again on Thursday. In fact, both have shed roughly 30% of their value over the past six months.

While that might rattle short-term traders, brokers are increasingly viewing this weakness as a compelling long-term entry point.

REA Group

When it comes to dominant digital platforms, REA Group remains one of the ASX's crown jewels.

The ASX stock sits at the heart of Australia's online property advertising market through its flagship realestate.com.au platform, giving it powerful pricing power and a highly scalable business model.

While the housing cycle can create short-term volatility, REA's long-term growth story remains intact. It's supported by premium listings, depth products, and international expansion.

The recent price weakness on the ASX stock appears to have caught the attention of analysts. Broker Morgan Stanley currently has an overweight rating on REA's shares, alongside a $230.00 price target. That implies a potential upside of roughly 44% over the next 12 months.

For long-term investors, that's a strong vote of confidence in both the company's fundamentals and its ability to rebound as market conditions stabilise.

Aristocrat Leisure

Gaming technology leader Aristocrat Leisure is another high-quality name that has fallen out of favour recently. And the ASX stock could be primed for a comeback.

Aristocrat generates the bulk of its earnings from gaming machines and digital content, particularly in the lucrative US market. While sentiment has softened in recent months, underlying demand trends appear far more resilient than the share price suggests.

In fact, analysts are seeing encouraging signs. The team at Macquarie Group Ltd (ASX: MQG) has retained its outperform rating on the ASX stock, and set a $63.00 price target. That represents potential upside of approximately 33% from current levels.

Macquarie has been reviewing recent US casino gaming data and noted year-on-year growth, a positive signal for Aristocrat's core land-based gaming business. Combined with its expanding digital segment, the company appears well placed to deliver long-term earnings growth.

Foolish Takeaway

Market pullbacks can be uncomfortable, but they often create rare opportunities to buy high-quality ASX stocks at discounted prices.

With both REA Group and Aristocrat Leisure down significantly and backed by bullish broker forecasts, long-term investors may want to take a closer look before the market sentiment turns.

The post 2 high-quality ASX stocks to buy and hold long term appeared first on The Motley Fool Australia.

With that in mind, here are three ASX shares that could be well suited to a long-term retirement portfolio.

Cochlear Ltd (ASX: COH)

The first ASX share that could be a top retirement pick is Cochlear.

Rather than thinking of Cochlear purely as a healthcare company, it can also be viewed as a global installed-base story. Once a patient receives a cochlear implant, they typically remain within the ecosystem for life, purchasing upgrades, sound processors, and ongoing services.

This creates a level of revenue visibility that many companies simply do not have.

On top of this, Cochlear continues to expand access to hearing solutions across emerging markets, where penetration rates remain low. As healthcare systems develop and awareness improves, more patients are entering the treatment funnel.

For retirement investors, this combination of recurring revenue and long-term demand growth could make Cochlear a reliable compounder over time. The recent launch of a new best-in-class product also arguably brightens the near-term outlook.

Macquarie Group Ltd (ASX: MQG)

Another ASX share that could be worth considering for a retirement portfolio is Macquarie Group.

While many investors think of Macquarie as an investment bank, its real strength lies in its ability to identify and scale opportunities in global infrastructure, energy, and asset management.

Macquarie has built a reputation for turning complex, capital-intensive projects into long-term earnings streams. Whether it is renewable energy platforms, infrastructure assets, or private markets funds, the group has consistently found ways to monetise global trends.

Importantly for retirement portfolios, Macquarie's earnings are not tied to a single cycle. Its diversified operations mean that when one segment slows, another often steps up.

With the ongoing global push into energy transition, digital infrastructure, and private assets, Macquarie appears well placed to keep growing its earnings and dividends over the long run.

Woolworths Group Ltd (ASX: WOW)

A third ASX share that could be a strong addition to a retirement portfolio is supermarket giant Woolworths.

While supermarkets may not seem exciting, Woolworths' strength lies in how it continues to evolve a very traditional business model.

Beyond its core grocery operations, the company has been investing in areas such as supply chain automation, data analytics, and retail media. These initiatives are helping it improve efficiency, deepen customer engagement, and unlock new revenue streams.

At the same time, Woolworths benefits from a structural advantage that few companies can match. Food and everyday essentials are non-discretionary purchases, which means demand remains relatively resilient even during economic downturns.

For retirement investors seeking a blend of stability, modest growth, and dependable income, Woolworths could offer a defensive backbone that can help balance a broader portfolio.

The post 3 of the best ASX retirement shares to buy now appeared first on The Motley Fool Australia.

Around the start of the Iran conflict, the telco quietly hit a new 52-week high, levels not seen since early 2017. Then it pushed even higher, reaching $5.44.

It has since cooled slightly to around $5.38 at the time of writing, but the gains are still impressive. Telstra shares are up more than 10% in 2026 and nearly 30% over the past 12 months.

That raises the obvious question: is there more upside ahead?

Price hikes as key driver

Let's first have a look at the strengths. Telstra is Australia's dominant telecommunications provider, with unmatched scale in mobile and infrastructure. Its network leadership gives it pricing power, something it's actively using.

Telstra is a classic defensive play. Connectivity is now essential, so demand stays strong regardless of inflation or cost-of-living pressures.

Recent price hikes on mobile plans are a key catalyst.

Higher prices, combined with relatively sticky customers, should translate into stronger revenue and margins. In a world of rising costs, that's a powerful advantage.

Popular dividend share

There's also the income appeal. Telstra shares remain a favourite for dividend investors, supported by steady cash flow and a mature, defensive business model. In fact, its dividend payout ratio is close to 100% of its earnings. 

Telstra pays investors two dividends per year. Last month, investors were paid an interim dividend of 10.5 cents, 90.48% franked. Telstra has forecast to pay a 20-cent dividend for FY26.

That combination of income and stability is attracting investors in volatile markets.

Incremental growth, fierce competition

But there are risks. Growth is still modest.

Telstra isn't a high-growth tech company, it's a mature business. That means upside for Telstra shares is often incremental rather than explosive.

Competition is another factor.

Rivals continue to challenge pricing and market share, particularly in mobile and broadband. Any misstep could quickly erode Telstra's edge.

And while price increases are positive for margins, there's always a limit. Push too far, and customers may start looking elsewhere.

So what do analysts think?

Analysts at Macquarie Group Ltd (ASX: MQG) are bullish. The broker has an outperform rating on Telstra shares and believes the recent price increases will support both earnings and dividends.

It has set a 12-month price target of $5.64, which points to a modest 5% upside at current price levels.

Foolish Takeaway

Telstra shares have already delivered strong gains, but the story isn't over.

With pricing power, reliable income, and defensive appeal, the telco still has room to climb. Just don't expect fireworks — this is a steady grinder, not a rocket.

The post How high can Telstra shares really climb from here? appeared first on The Motley Fool Australia.

Instead of guessing which companies will win, you can build a diversified, low-maintenance portfolio in minutes. For beginners, that's a powerful way to invest with confidence over the long term.

If you're aiming for a balanced, defensive mix of Aussie and global exposure, these three ASX ETFs could be ideal "set and forget" options.

Vanguard MSCI Index International Shares ETF (ASX: VGS)

This ASX ETF gives you instant exposure to hundreds of large companies across developed markets like the US, Europe, and Japan. That global diversification is a huge strength, as you're not relying solely on the Australian economy.

It also taps into powerful long-term growth trends across industries. Key holdings include NVIDIA Corp (NASDAQ: NVDA), Alphabet Inc (NASDAQ: GOOG), and Johnson & Johnson (NYSE: JNJ).

The main risk? Currency fluctuations and market volatility. But over a 10-year horizon, global diversification can be a major advantage.

BetaShares Australia 200 ETF (ASX: A200)

This ASX ETF tracks the top 200 companies on the ASX, offering broad exposure to the Australian market at a very low cost. It's a simple way to gain access to dividends, franking credits, and the strength of local blue chips.

Its holdings span multiple sectors, including companies like Wesfarmers Ltd (ASX: WES), CSL Ltd (ASX: CSL), and Macquarie Group Ltd (ASX: MQG).

The risk here is concentration. The Australian market is heavily weighted toward financials and resources. But paired with global exposure, it works well in a balanced portfolio.

iShares Core Composite Bond ETF (ASX: IAF)

This ETF invests in a diversified basket of Australian government and high-quality corporate bonds. It won't deliver explosive growth, but that's not the point.

IAF helps smooth out volatility and provides more stable income, especially during market downturns.

Its holdings include Australian Government bonds and debt issued by major institutions like Westpac Banking Corp (ASX: WBC) and ANZ Group Holdings Ltd (ASX: ANZ).

The trade-off is lower returns compared to shares, and sensitivity to interest rate movements.

Foolish Takeaway

These three ASX ETFs offer a powerful combination: global growth (VGS), Australian income and stability (A200), and defensive protection (IAF).

For new investors, that's a simple, diversified portfolio you can build today, and potentially hold for the next decade with confidence.

All three ASX ETFs are also highly cost-effective options. The Vanguard ETF VGS charges a low management fee of around 0.18% per year, while the BetaShares Australia 200 ETF is even cheaper at approximately 0.04%. And the iShares Core Composite Bond ETF costs about 0.10% annually.

The post New to investing? 3 ASX ETFs to set and forget for 10 years appeared first on The Motley Fool Australia.