Share tips and stock recommendations for the Australian (ASX) share market – buy, hold, and sell. Michael Gable is an expert guest commentator for the stock market newsletter thebull.com.au.
This post is an extract from the newsletter dated 10 November 2025. You can access the full version of the article HERE.
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Buy Recommendations
ASX:URNM
URNM is the Betashares Uranium miners ETF and it is a security that I have recommended on a couple of occasions. This is because there is a very large gap between uranium supply and demand and it will take several years to resolve. This can only lead to a much higher uranium price and uranium mining companies are therefore set to benefit. Recent announcements by the US government to expand their nuclear power capacity will add even more demand to the equation.
ASX:MQG
MQG shares are displaying technical characteristics which suggests that it is about to rally to new highs. After bouncing off the April low, MQG hit a wall near $230, which was short of the recent high near $240. Since late June, it has traded sideways in what now appears to be a sideways range. Consolidating like this under the old high is a positive sign as it means that although investors are exiting up here, they are being met by equal buying pressure. Once this selling pressure is gone, MQG will be able to rally strongly to a new high.
Hold Recommendations
ASX:WDS
Oil prices are back near their lows for the year and are well down from the peaks seen in 2022. We believe that US production has hit a peak and with the US strategic reserve having been drawn down substantially, oil supply is a lot lower than what many have been anticipating. Woodside is a company that can benefit from an increase in the oil price. The share price chart of Woodside indicates that it has bottomed out and we see signs of it starting to move higher again.
ASX:NHC
We believe that global demand for coal will remain elevated for a while yet. As a commodity, its prices are also heavily influenced by global supply. When it comes to coal, we do not see a lot of supply coming online to meet this demand. This is because investment in coal is not attracting the dollars that it needs, mainly due to ESG concerns. With the price of coal starting to rise again, it is the existing producers like NHC that stand to benefit from the lack of new supply. We can also see signs on the share price chart that NHC shares have bottomed and are heading higher.
Sell Recommendations
ASX:COL
Coles recently announced their Q1 sales update which was generally in line with what analysts expected but we don’t believe it was good enough to justify its current share price. A sell-off in the shares after the result has caused the share price chart to look negative and it puts the recent uptrend at risk of breaking down.
ASX:CSL
With a couple of downgrades in a short period of time, CSL is at risk of seeing its premium rating further diminish until it can get the business back on track and provide investors with confidence that once again it can reliability deliver consistent earnings growth. From a charting perspective, it has also broken under a few major support levels which suggests that CSL may be entering a downtrend phase.
Michael Gable is managing director of Fairmont Equities.
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