We asked our Foolish writers to name some of their favourite shares to buy now. Below is what they came up with.
Tom Richardson: Macquarie Group Ltd (ASX: MQG)
I'll name the asset manager that also does some investment banking as a good looking investment opportunity given the decent mix of value, growth and yield still on offer. I expect the group should deliver more than $7.20 per share in earnings over fiscal 2018, while dividends should come in around $5.10 per share. On these conservative forecasts then the stock changes hand for around 13.7x forecast earnings on a 5.2% yield.
It's also leveraged to the potential for growing profits thanks to significant company tax cuts in the U.S. with capital markets strengthening across the bank's key global markets. Macquarie has launched a $1 billion share buyback itself which suggests it also thinks the stock is good value under $100.
Motley Fool contributor Tom Richardson owns shares in Macquarie Group.
Tristan Harrison: Class Ltd (ASX: CL1)
Class provides automated cloud software for self-managed superannuation fund (SMSF) administrators. Thousands of SMSFs are switching over to Class every quarter and this should deliver good growth over the next few years.
The recent government delay in changing the regulations and a (perhaps temporary) slowdown in the growth of SMSF accounts added to Class has seen its share price hammered down to $2.35. I think its non-SMSF product called Class Portfolio could be a good boost to future profit, alongside Class Super. I think today's price is a compelling buy.
Motley Fool contributor Tristan Harrison has no financial interest in Class Ltd shares.
Kevin Gandiya: Janus Henderson Group plc (ASX: JHG)
Janus Henderson Group was formed following the merger between Janus Capital Group and Henderson Group. It now has over US$345 billion in assets under management and is set to benefit from the economies of scale created by the merger. It has no long-term debt, a decent return on equity of 15%, and a good spread of asset classes & geographies that it focuses on.
Its share price currently trades at 16x earnings, which looks reasonable value given the cost savings ahead.
Motley Fool contributor Kevin Gandiya has no financial interest in Janus Henderson Group plc.
Regan Pearson: Ellex Medical Lasers (ASX: ELX)
I'm picking Laser and eye health manufacturer Ellex Medical Lasers again as we head to 2018. The company has laid the ground work for material growth with expanded production facilities and $23 million from a recent capital raising to fund sales growth in the U.S.
Eye health is a rapidly growing market as populations age and Ellex has seen strong sales growth of its glaucoma treatment device iTrack. The product only made up 11.4% of total revenue in the 2017 year, but sales were up 71% in the three months to September 2017 – a strong start.
Motley Fool contributor Regan Pearson does not own shares in any of the companies mentioned.
James Mickleboro: Baby Bunting Group Ltd (ASX: BBN)
This baby products retailer's shares have been amongst the worst performers on the market this year and fallen a massive 41%. Its shares have come under pressure as a result of tough trading conditions due to clearance sales following the closure of several competitors.
I believe this headwind will only be short-term and the company will come out of it in a stronger position. So with its shares selling for under 15x earnings and providing a trailing fully franked 5.1% dividend, I think Baby Bunting could be a great option.
Motley Fool contributor James Mickleboro has no financial interest in Baby Bunting Group Ltd.
Steve Holland: Wesfarmers Limited (ASX: WES)
The conglomerate has struggled as Coles faces competition from new players including Amazon and Kaufland, while falling behind Woolworths. What's more, Wesfarmers' attempt to tap the UK market with Bunnings has so far proved difficult. But this can work in an investor's favour, providing an opening to get in while others turn away. Wesfarmers' history of healthy returns shows it is a company that shouldn't be dismissed lightly. It will come back. Until then, sit back and enjoy the dividends.
Motley Fool contributor Steve Holland has no financial interest in Wesfarmers Limited.
Chris Coe: Silver Chef Limited (ASX: SIV)
The stock was oversold in August due to missed guidance with the FY 2017 results, but there were positives also, such as revenues increasing 29.4% to $286 million and good results from the Canadian operations. The price has since recovered from the resulting low of $6.67 in September to $8.00 today.
The outlook is promising and at last month's AGM the company predicted the current year profit would be up 18%-28%. It has a price to earnings multiple of 14 and price to sales multiple of 1.1, it also offers a 4.6% dividend yield.
Motley Fool contributor Christopher Coe has no financial interest in Silver Chef Limited.
