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 28 September 2026. You can access the full version of the article HERE.

To stay up to date with our best recommendations, sign up to an 8-week FREE TRIAL of our weekly client research.

 

Buy Recommendations

ASX:WDS

We turned bullish on oil in 2025, before the war in Iran, due to a looming imbalance between supply and demand. The war has only made the supply situation a lot worse and this can only mean higher prices. Most investors are still skeptical that oil prices will head higher. This means that there is a lot more buying potential in energy stocks when they finally accept the situation that the oil market now finds itself in. As the largest oil stock on the Australian share market, buying support should continue to grow for WDS.

ASX:BHP

Despite the share price of BHP almost hitting $70 last month, we view this commodities bull market as being in the early stages and this means that the share price of BHP has a lot further to run. With a majority of its earnings now coming from copper, which is supply constrained, BHP is in a great position now compared to a few years ago where a majority of its earnings were from iron ore. Any dips, such as what has transpired in the past few weeks is a buying opportunity.

Hold Recommendations

ASX:NHC

I still remain bullish on this thermal coal producer because the war in Iran is causing countries to increase their demand to thermal coal to offset instability in the gas markets. The company recently recorded coal production of 11.5mt and a final dividend of $0.30, both of which were above market expectations. The share price chart looks very attractive with a sustainable uptrend that has great potential to take the share price to new all time highs.

ASX:S32

This diversified mining company should benefit as the prices of base metals continue to trend higher. The technical picture also looks very bullish with the stock recently breaking to new highs after trading sideways for much of the year. The company is also cashed up after the sale of their aluminium business to Alcoa and this creates the high possibility of a capital return to shareholders.

Sell Recommendations

ASX:XRO

I remain negative on the Australian technology sector, ever since 2025 where we rotated into resource stocks instead. Increasing bond yields and interest rates will continue to be a headwind for technology stocks like XRO. Although the company itself is doing well, it was overvalued in 2025 and investors will not see those share prices again for a very long time. From a charting perspective, we can see selling pressure step up on any rally and this means that the downtrend in the share price is not yet over.

ASX:360

Life360 is expected to suffer the same headwinds as other technology stocks due to rising interest rates and bond yields. We also believe that the business is vulnerable to competition because there are already free apps available that can simulate some of the features that 360 offers consumers. As a result, it leaves it vulnerable to earnings disappointments, and because they trade on a high share price multiple, it can cause a share decrease in the share price.

 

Michael Gable is managing director of Fairmont Equities.

 

CLICK HERE to read our Testimonials.

Current share prices available here.

You can learn more about technical analysis in this article.

 An 8-week FREE TRIAL to The Dynamic Investor can be found HERE.

Would you like us to call you when we have a recommendation? Check out our services.

Disclaimer: The information in this article is general advice only. Read our full disclaimer HERE.

Like this article? Share it now on Facebook and X!