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.

If you do, let's see what Morgans is saying about the ASX shares listed below and whether you should be considering a position in them this month.

Here's what the broker is saying:

ANZ Group Holdings Ltd (ASX: ANZ)

Morgans was relatively pleased with this banking giant's performance during the first quarter.

While the bank is making strong progress with its cost reductions, the broker highlights that its guidance for the full year remains the same.

As a result, it hasn't seen anything to make it more positive and has put a sell rating and $32.65 price target on ANZ's shares. It said:

On face of it, the 1Q26 trading update suggested ANZ was tracking ahead of 1H26 growth expectations. However, the beat was driven mostly by the speed of cost-out and will unlikely affect consensus expectations as ANZ retained its FY26 cost guidance of c.$11.5bn. We make minor adjustments to FY26-28F EPS, reflecting 1Q26 Markets revenue strength, impairment charges lower than expected (but off an already low base), and higher shares on issue (DRP uptake was higher than assumed). 12-month target price $32.65 (+8 cps).

We estimate ANZ is trading on 1.8x P:TBV, 16x PER, and 4.1% cash yield (partly franked), all stretched against historical trading ranges. Given the recent share price strength, we downgrade our rating from TRIM to SELL.

Breville Group Ltd (ASX: BRG)

Morgans is far more positive on this appliance manufacturer.

After a better than expected half-year result, the broker has put a buy rating and $40.65 price target on its shares. This implies potential upside of approximately 50% from its current share price. It said:

1H26 was better-than-feared, with double-digit sales growth (+10%) largely offset by tariff costs (~130bp GM impact) to deliver a flat NPAT outcome (+1% on pcp). Crucially, FY26 EBIT growth guidance provides much-needed earnings visibility, alleviating some concerns for an extended transition year and improving our confidence for a resumption of sustainable EPS growth from FY27+.

We continue to be impressed by BRG's strong operational execution, green shoots in Food Prep, and powerful medium-term tailwinds (geographic expansion, espresso tailwinds, NPD, Best Buy developments). Buy maintained.

Macquarie Group Ltd (ASX: MQG)

Finally, Morgans is a fan of this investment bank and was pleased with its performance during the third quarter.

However, due to its current valuation, it only has a hold rating and $223.00 price target on its shares. It commented:

MQG has hosted its annual operational briefing, together with releasing its 3Q26 update.  On the 3Q26 update, we saw this as a solid performance overall, benefitting from market-facing businesses (CGM and Macquarie Capital) seeing results "substantially up" on the pcp.

Additionally, there was an underlying upgrade to CGM guidance, albeit this has been offset, to some degree, by an expected higher FY26 tax rate. We lift our MQG FY26F/FY27F EPS by +2%/+4% reflecting the more positive CGM commentary, blunted somewhat by higher expected tax. Our target price rises to ~$223 (from A$214). We maintain our HOLD recommendation.

The post Buy, hold, sell: ANZ, Breville, and Macquarie shares appeared first on The Motley Fool Australia.

Macquarie is one of the most diversified businesses on the ASX, particularly in the financial sector, due to the varied operations of its segments and how it has a global earnings base.

Impressively, it makes around two-thirds of its money internationally, which I think is a powerful tool because it reduces the risk of being too focused on one region, and it also means it can look across the world for the best places to invest for growth.

Additionally, I also like how it has four different areas of its business – investment banking (Macquarie Capital), asset management (Macquarie Asset Management (MAM)), banking and financial services (BFS), and commodities and global markets (CGM).

The company has a variety of ways of making a profit and looking for further growth avenues. Due to this, I prefer Macquarie over the major ASX bank shares.

With its global and diversified earnings base in mind, I think it's well-placed to navigate the current volatile markets.

Let's take a look at what experts think could happen to the ASX financial share in the coming months.

Exciting Macquarie share price target

A price target tells investors where experts believe the share price will be trading in 12 months from the time that they make that analysis call, taking into account the company's earnings trajectory and other elements worth considering with the valuation.

According to CMC Invest, there are five recent buy ratings (and four hold ratings) on the business.

Of those nine ratings, the average price target is $228.95. That suggests a possible rise of more than 17% over the next year, from where it is at the time of writing.

The latest update from the business was for the FY26 third quarter, for the three months to December 2025, which showed positive year-over-year growth for the business.

It reported for that quarter that the MAM net profit was "substantially up", BFS net profit was "slightly up", CGM net profit was "substantially up" and Macquarie Capital net profit was "substantially up".

While one quarter's performance isn't the whole financial year, nor is it necessarily reflective of how earnings will perform during 2026, I think it's a good sign for Macquarie and shows it can deliver strong growth at times.

I'm particularly impressed by the level of deposit and loan growth at Macquarie's BFS – they grew 6% and 7%, respectively, quarter over quarter. That's a great growth rate and could help Macquarie become a 'big 5' bank in Australia in the coming years.

The post How much could the Macquarie share price rise in the next year? appeared first on The Motley Fool Australia.

Hub24 Ltd (ASX: HUB) and Netwealth Group Ltd (ASX: NWL) have slipped 12% and 15% respectively.

But zoom out, and the bigger picture hasn't changed. Australia's superannuation pool keeps growing. Advisers are consolidating platforms. And both companies are winning market share.

So, which one comes out on top right now?

Hub24: The growth rocket

This $7 billion ASX tech stock continues to impress.

Its 1H FY26 result was packed with momentum. Net inflows hit a record $10.7 billion. Revenue climbed 26% to $245.9 million. Even better, underlying net profit surged around 60% as scale kicked in.

Funds under administration reached $152.3 billion. And the company lifted its interim dividend by 50%.

That's serious growth.

But the real story is structural. Hub24 is benefiting from rising adviser adoption. More than 5,200 advisers now use the platform. And the shift toward platform monogamy — where advisers consolidate onto one provider — is playing right into its hands.

This is a business gaining share in a growing market.

The downside? Valuation.

The ASX fintech stock has had a huge run and trades on premium multiples. That leaves little room for disappointment. Fee pressure and competition from legacy players upgrading their platforms are also risks.

Still, analysts remain bullish. The team at Macquarie Group Ltd (ASX: MQG) recently upgraded the ASX tech stock to an outperform rating with a reduced price target of $92.25. That's a bit below the average 12-month price target of roughly $112.00, which points to a 39% upside at the time of writing.

Netwealth: The steady performer

Netwealth offers a slightly different story.

Its 1H FY26 result also impressed. Platform revenue rose 25%, and funds under administration hit a record $125.6 billion.

Growth remains strong.

But what really sets Netwealth apart is profitability. Its recurring fee model, high adviser retention, and sticky client base support stable margins and predictable cash flow. That's gold for long-term investors.

The company also increased its interim dividend by around 20%, reinforcing its appeal as a reliable compounder.

Risks? Similar to Hub24.

Competition is intense. Fee pressure is always a threat. And staying ahead in platform technology requires constant investment.

Still, Netwealth tends to trade at a more conservative valuation. It's not as explosive, but it's consistent.

Trading View data show that most brokers see the ASX tech stock as a buy or even a strong buy. They have set the average 12-month price target at $28.49, suggesting around 34% upside.

Foolish Takeaway

Both Hub24 and Netwealth are riding powerful tailwinds. They sit at the centre of Australia's platform shift, a space dominated by a handful of strong players.

Hub24 looks like the high-growth rocket. Strong inflows. Expanding margins. Rapid momentum.

Netwealth feels like the steady compounder. Profitable. Predictable. Built on sticky relationships.

Which is better? It depends on your style.

If you want faster growth and are comfortable with higher valuation risk, Hub24 stands out. If you prefer stability, recurring income, and a slightly more conservative profile, Netwealth may be the smarter pick.

Either way, both look well placed for the long term.

The post Hub24 vs Netwealth: Which ASX tech stock is the better buy now? appeared first on The Motley Fool Australia.

For me, the focus isn't just on yield. It's about building a mix of businesses and investments that can generate income today, while also giving that income the chance to grow over time.

Here's how I'd approach it.

Macquarie Group Ltd (ASX: MQG)

I think Macquarie Group could play an important role in an income portfolio.

Macquarie has a strong track record of growing earnings and dividends over time, supported by its global operations across asset management, banking, and infrastructure.

Its dividend yield may not be the highest on the ASX, but it has shown an ability to increase its payout over the long term.

For me, this is about planting the seeds for future income growth.

Super Retail Group Ltd (ASX: SUL)

Super Retail brings a different type of exposure. It operates well-known brands across automotive, sports, and outdoor retail, and has a history of paying solid dividends when conditions are supportive.

Retail can be cyclical, which is something to be aware of.

But with strong brands (BCF, Macpac, Rebel, and Supercheap Auto) and a loyal customer base, Super Retail has demonstrated that it can generate meaningful cash flow across the cycle.

I think that could make it an interesting ASX dividend share for an income portfolio.

Vanguard Australian Shares High Yield ETF (ASX: VHY)

The Vanguard Australian Shares High Yield ETF is one of the simplest ways to access dividend income.

It provides exposure to a diversified portfolio of high-yielding Australian shares, including banks, miners, and other income-focused businesses.

What I like is that it spreads your risk. Instead of relying on a handful of stocks, you're getting income from a broad basket of companies.

That can help smooth out returns over time.

Flight Centre Travel Group Ltd (ASX: FLT)

I think Flight Centre has a place in an income portfolio.

As a travel business, its earnings can be more volatile. However, when conditions are strong, it has the potential to generate significant profits and return capital to shareholders.

And with its shares down meaningfully from their highs, the potential dividend yield on offer now is much more attractive than it was a year ago.

For example, according to CommSec, the consensus estimate is for fully franked dividends so 49.3 cents per share in FY26 and then 57 cents per share in FY27. This represents dividend yields of 4.3% and 4.95%.

Magellan Infrastructure Fund (ASX: MICH)

Lastly, the Magellan Infrastructure Fund helps round things out. It provides exposure to global infrastructure assets, which typically generate stable and predictable cash flows.

That can translate into more consistent income for investors.

It also adds diversification, which I think is important when building any portfolio.

Foolish takeaway

Investing $10,000 in ASX dividend shares isn't about chasing the highest yield.

For me, it's about combining quality, diversification, and growth potential.

Macquarie adds long-term dividend growth, Super Retail offers retail-driven income, the VHY ETF provides broad exposure, Flight Centre is a recovery play, and Magellan Infrastructure adds diversification.

Together, they show how a mix of different income sources can help build a stronger portfolio over time.

The post How to invest $10,000 in ASX dividend shares in 2026 appeared first on The Motley Fool Australia.

Putting $500 a month into ASX 200 shares might not feel like much at first, but over time, it can build into something meaningful.

I'm going to show you how.

The power of compounding

The real driver here is compounding. That's where your returns start generating their own returns, and the effect builds over time.

If we assume a long-term return of 9% per annum, which is not guaranteed but has been achievable historically over long periods, the numbers start to add up.

After 10 years, a $500 monthly investment could grow to around $95,000.

By 20 years, that same approach could see your portfolio reach approximately $320,000.

What stands out to me is how much the growth accelerates in the second decade. That's compounding doing the heavy lifting.

Why consistency matters

One of the biggest advantages of investing regularly is that it removes the pressure to time the market.

When you invest every month, you naturally buy more ASX 200 shares when prices are lower and fewer when prices are higher.

This is known as dollar-cost averaging.

It's a simple approach, but I think it's incredibly effective.

Instead of trying to predict short-term movements, you're steadily building your position over time.

Not every year will look the same

A 9% average return doesn't mean you'll get 9% every year.

Some years will be strong, with double-digit gains. Other years may be flat or even negative. That's part of investing in ASX 200 shares.

Volatility is normal, especially over shorter periods.

What matters is staying focused on the long term and not getting distracted by short-term fluctuations.

The role of quality

If I were following this approach, I'd want to focus on quality ASX 200 shares or broad market exposure.

This might include ResMed Inc. (ASX: RMD), Macquarie Group Ltd (ASX: MQG), Hub24 Ltd (ASX: HUB), and Wesfarmers Ltd (ASX: WES).

These are businesses that have proven their ability to grow over time, generate profits, and adapt to changing conditions.

Over long periods, quality tends to win out. And when combined with regular investing, it can create a powerful foundation for wealth building.

Why starting matters

The earlier you begin, the more time compounding has to work.

But I think even starting later can still make a big difference.

What matters most is getting into the habit of investing consistently and sticking with it.

Because over time, those monthly contributions can turn into something far larger than they first appear.

Foolish takeaway

Investing $500 a month into ASX 200 shares may seem simple, but over 20 years, it could grow into around $320,000 based on a 9% annual return.

For me, this highlights what really drives long-term results. Consistency, patience, and letting compounding do its work.

The post What could $500 a month in ASX 200 shares become in 20 years? appeared first on The Motley Fool Australia.

The Reserve Bank raised the official cash rate by 25 basis points to 4.10% this month, marking the second consecutive increase in 2026. The bank cited persistent inflationary pressures and a tight labour market for the increase. 

Now the experts are warning that Australia's inflation rate could keep climbing, and major banks widely predict another cash rate increase in May. 

What's the latest out of ASX bank stocks?

The Australian share market is dominated by the big 4 major banks. Together, the majors – Commonwealth Bank of Australia (ASX: CBA), Westpac Banking Corp (ASX: WBC), National Australia Bank Ltd (ASX: NAB), and ANZ Group Holdings Ltd (ASX: ANZ) – make up around a quarter of the S&P/ASX 200 Index (ASX: XJO) by market capitalisation.

Then there are the smaller players, Macquarie Group Ltd (ASX: MQG), Bank of Queensland Ltd (ASX: BOQ), Bendigo and Adelaide Bank Ltd (ASX: BEN), and Judo Capital Holdings Ltd (ASX: JDO). 

At the time of writing on Wednesday morning, CBA shares are up 1% to $172.86; Westpac shares are up 1.3% to $40.25; NAB shares are up 1.4% to $40.31; and ANZ shares are up 1.3% to $36.93.

Over the month, the major bank shares are down 3%, 6.2%, 11.8%, and 7%, respectively.

Outside of the majors, Macquarie shares are 1.9% higher at the time of writing to $198.71; BOQ shares are 1% higher at $6.83 a piece; Bendigo shares are 0.6% higher at $10.11 each; and Judo shares have climbed 0.3% to $1.48.

Over the month, the smaller bank shares are down 4%, 2%, 6.5%, and 14%, respectively.

Which ASX bank stocks are a buy?

Analysts are the most optimistic about the outlook for Judo Bank shares. It's the only ASX bank stock where analysts mostly hold a strong buy rating. Its average target price is $2.25, which implies a huge 51% upside at the time of writing. Although some think this could jump even higher, by up to 68% to $2.50 per share.

Sentiment on the outlook for Macquarie shares is mostly very positive. Most analysts have a buy or strong buy rating on the bank's shares. The average $238.28 target price implies the shares could jump 21% from here.

Which ASX bank stocks are a hold?

Analysts are undecided about the outlook for NAB shares, with sentiment mostly for a hold rating. The average target price is $43.90, which implies a potential 1.88% downside at the time of writing.

Brokers are also neutral on the outlook for ANZ shares over the next 12 months. Most have a hold rating with an average target price of $35.56, which implies a potential 0.3% downside at the time of writing.

Sentiment is also neutral on BOQ shares, with data showing most analysts have a hold rating on the stock. However, the average $6.37 target price implies a potential 6.5% downside at the time of writing.

Analysts also mostly have a hold rating on Bendigo shares. Although its average target price of $10.41 implies a 3% upside at the time of writing.

Which ASX bank stocks are a sell?

Sentiment is that CBA shares are overpriced and out of keeping with the company's fundamentals. Most analysts have a sell or strong sell rating on CBA shares and are tipping an average downside of 23% to $133.85 a piece over the next 12 months, at the time of writing.

Westpac is also expected to have limited growth over the next few years. Most analysts also have a sell or strong sell rating on the ASX bank's shares and tip an average downside of 8% to $40.35.

The post ASX bank stocks: Buy, sell, or hold? appeared first on The Motley Fool Australia.

While it may sound ambitious, it becomes far more achievable when broken into a clear long-term strategy. The process involves growing a portfolio steadily over time and then positioning it to generate reliable income.

Here's how that journey can unfold.

Start with growth in mind

In the early stages, the focus shouldn't be on income. Instead, it is about growing your capital as efficiently as possible.

Historically, achieving an average return of around 10% per annum has been a reasonable long-term target for equity investors, though it is never guaranteed.

This often comes from owning high-quality ASX shares with strong competitive positions, pricing power, and the ability to grow earnings over time. Companies such as Goodman Group (ASX: GMG), Wesfarmers Ltd (ASX: WES), and Macquarie Group Ltd (ASX: MQG) are good examples. These businesses have delivered strong long-term returns through a combination of growth, reinvestment, and disciplined management.

By focusing on these types of companies, investors can build momentum in their portfolio during the early years.

Use consistency to your advantage

One of the most powerful tools available to investors is consistency.

If you were to invest $1,000 per month and achieve a 10% average annual return, your portfolio could grow significantly over time thanks to the wonderful power of compounding.

Starting from zero, this approach could see your investments build to around $2 million in approximately 30 years.

Importantly, this journey includes both capital growth and reinvested dividends along the way, which helps accelerate the compounding process.

Shift towards income over time

Once your portfolio reaches a meaningful size, the focus can gradually shift from growth to income.

At this point, investors often begin allocating more capital to dividend-paying shares that offer reliable and sustainable dividend yields. These may include companies across sectors such as infrastructure, real estate, and consumer staples.

Assuming an average dividend yield of 5% is possible, a portfolio of $2 million would generate $100,000 in annual passive income.

Stay the course

Reaching this level of income doesn't require perfect timing or constant trading.

Instead, it comes down to owning quality ASX shares, investing regularly, and allowing compounding to do the heavy lifting over time.

While markets will always experience periods of volatility, maintaining a long-term mindset can make all the difference when building a portfolio designed to deliver meaningful passive income.

The post How to build $100,000 a year in passive income from ASX shares appeared first on The Motley Fool Australia.

The US and Israel launched strikes on Iran on 28 February (US time) with the intention of destroying Iran's nuclear capability.

This has caused a global fuel crunch, with oil prices skyrocketing due to the effective closure of the Strait of Hormuz.

The Strait is a crucial shipping lane for transporting oil and gas from the Middle East to markets worldwide.

On top of that, fresh missile strikes on energy infrastructure this week have further disrupted oil and gas supply chains.

These events have far-reaching ramifications for individual businesses relying on fuel to power machines and transport goods.

Higher petrol prices are already having a broader economic impact, contributing to the Reserve Bank's call to raise interest rates this week.

Amid all this volatility, how are Australia's top 10 ASX 200 shares faring?

Are they demonstrating resilience, or have they been caught up in the broader market sell-off?

Let's take a look at their share price performance since the start of March.

Commonwealth Bank of Australia (ASX: CBA)

The Commonwealth Bank share price is $176.50, down 0.5% on Friday and up 1.1% since the war began.

Amid the market turmoil, CBA quietly reclaimed its title as Australia's largest ASX 200 share by market capitalisation.

CBA and BHP Group Ltd (ASX: BHP) have been passing the crown back and forth for the past few months.

On 27 February, BHP reassumed the title.

Less than three weeks later, CBA shares are back on top with more than $50 billion in market cap separating them from BHP shares.

Over 12 months, the CBA share price has lifted 21.1%.

BHP Group Ltd (ASX: BHP)

BHP is the market's largest mining share, and leads the ASX 200 materials sector.

The BHP share price is $47.56, down 1.6% on Friday and down 18.6% since the war in Iran began.

Over 12 months, BHP shares have lifted 22%, and reached a record high of $59.39 apiece last month.

ASX 200 mining shares have been the worst hit by the war, with the materials sector falling 19% so far this month.

Mining shares have fallen because higher oil prices will directly impact operating costs and potentially production, if there's a shortage.

It is also likely that investors are taking profits after a strong 12-month run for materials amid a new longer-term mining boom in Australia.

National Australia Bank Ltd (ASX: NAB)

Business lending specialist NAB is the second-largest ASX 200 bank by market capitalisation.

The NAB share price is $45.82, down 1.7% on Friday and down 6.5% since the start of the war.

Over 12 months, NAB shares have lifted 38%, and reached a record $49.45 last month.

Westpac Banking Corp (ASX: WBC) 

Westpac is Australia's oldest bank.

The Westpac share price is $40.87, down 0.6% today and down 3.9% since the war began.

Over 12 months, the ASX 200 bank share has lifted 33%, and hit a record $43.32 last month.

ANZ Group Holdings Ltd (ASX: ANZ)

The ANZ share price is $36.78, down 0.7% on Friday and down 8.1% since the war began.

Over 12 months, ANZ shares have lifted 26% and reached a record high of $41 last month.

Wesfarmers Ltd (ASX: WES)

Wesfarmers is the largest ASX 200 consumer discretionary share. 

The conglomerate owns household names like Bunnings, Kmart, Officeworks, and Priceline.

The Wesfarmers share price is $73.51, down 0.2% today and down 7.7% since the start of the month.

Over 12 months, Wesfarmers shares are up 4%.

Macquarie Group Ltd (ASX: MQG)

This investment bank is the fifth-largest ASX 200 bank by market capitalisation.

The Macquarie share price is $195.70, down 0.2% on Friday and down 8.3% since the war broke out.

Over the past 12 months, Macquarie shares have fallen by 3%.

CSL Ltd (ASX: CSL)

CSL is still the largest ASX 200 healthcare stock, despite a near-halving in its share price over the past 12 months.

The CSL share price is $137.88, up 2.4% today and down 6% since the war in Iran began.

Over 12 months, CSL shares have fallen 46% due to company-specific issues, including a drop in vaccination rates worldwide.

The CSL share price touched an eight-year low of $133.35 yesterday.

Woodside Energy Group Ltd (ASX: WDS)

Woodside is the largest ASX 200 energy share on the market.

The Woodside share price is $33.92, up 0.7% on Friday and up 19.8% since the war started.

Over 12 months, Woodside shares have increased by 48%.

The oil & gas giant has benefited from rising oil and gas prices since the war began.

Over the past 30 days, the Brent Crude oil price has soared 47% while the European gas price has skyrocketed 96%.

The Woodside share price reached a two-and-a-half-year high of $34.31 in earlier trading today.

Telstra Group Ltd (ASX: TLS)

Telstra is the No. 1 ASX 200 communications share by market cap.

The Telstra share price is $5.31, up 0.1% on Friday and up 2.4% since the war in Iran began.

Over the past 12 months, Telstra shares have risen 28%.

On Friday, the Telstra share price reached a nine-year high of $5.35.

The post Pulse check: How are the top 10 ASX 200 shares performing amid a new war? appeared first on The Motley Fool Australia.

Others are interesting because of what could happen over the next decade.

But the very best businesses often share a different characteristic. They are the types of companies investors can buy, hold, and largely forget about while the business quietly keeps growing in the background.

These are usually companies with competitive advantages, strong management teams, and the ability to adapt as the world changes.

If I were looking for Australian stocks that could potentially be held for decades rather than years, three that immediately come to mind are in this article.

Wesfarmers Ltd (ASX: WES)

One reason Wesfarmers stands out as a long-term holding is its ability to evolve.

Over the decades, the company has owned everything from coal mines to fertiliser businesses to hardware stores. Yet management has consistently shown a willingness to reshape the portfolio when better opportunities appear.

Today the group is anchored by high-quality retail businesses such as Bunnings, Kmart, and Officeworks. These are brands with strong market positions and significant scale advantages in their categories.

What makes the company particularly compelling is its disciplined capital allocation. Wesfarmers has a long history of selling businesses when the price is right and reinvesting that capital into new growth opportunities.

That flexibility has allowed the company to keep reinventing itself while continuing to generate attractive returns for shareholders.

Macquarie Group Ltd (ASX: MQG)

Macquarie is another Australian stock that has built a reputation for long-term value creation.

Unlike traditional banks, Macquarie operates across a wide range of financial services including asset management, infrastructure investment, commodities trading, and advisory.

What sets the business apart is its global reach. A large portion of Macquarie's earnings are generated outside Australia, which gives it exposure to infrastructure, energy, and capital markets opportunities around the world.

Another key strength is its culture of identifying emerging investment themes early. Over the years, the company has built major businesses in areas such as infrastructure funds, renewable energy investment, and commodities trading.

That ability to evolve with global markets has helped Macquarie grow from a relatively small Australian investment bank into one of the most influential financial institutions in the world.

TechnologyOne Ltd (ASX: TNE)

TechnologyOne represents a very different type of business but shares one crucial trait with the others: longevity.

The company develops enterprise software used by governments, universities, and large organisations. These systems manage critical functions such as finance, payroll, and operations.

Once these platforms are embedded, they tend to stay in place for many years because switching software systems can be expensive and disruptive.

TechnologyOne has spent years transitioning its business toward a cloud-based software model, which provides annual recurring revenue and stronger long-term customer relationships.

As more organisations migrate their systems to the cloud, the company continues to expand both its customer base and its recurring revenue streams.

That combination of sticky customers and predictable income is one reason the business has delivered consistent growth over many years.

Foolish takeaway

Buying and holding shares for decades requires confidence that a business can adapt, grow, and remain relevant over time.

Wesfarmers, Macquarie Group, and TechnologyOne operate in very different industries, but each has demonstrated an ability to evolve while continuing to deliver strong results.

No company is guaranteed to succeed forever. But I think businesses with competitive advantages, strong leadership, and long-term growth opportunities often give investors the best chance of building wealth over many years.

The post The ideal Australian stocks to buy and hold forever appeared first on The Motley Fool Australia.