2 ASX shares to buy that you haven't even thought about: expert

An expert has picked a pair of stocks to invest in right now that are primed to take advantage of global trends.

| More on:
Woman on her laptop thinking to herself.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

If you're finding it difficult to think of investment ideas at the moment, you're not the only one.

With so much turmoil in the world, even professional investors and the businesses themselves are grappling with uncertainty and low conviction.

This might mean it could be worthwhile clearing your mind. 

And what better way to start from a clean slate than start considering ASX shares that you have never even read about, let alone considered buying.

Here's a pair of outside-the-square buy recommendations:

The world is changing, once again

After the Fukushima nuclear disaster in 2011, that type of energy seemed to fall out of favour around the world. Germany, for example, accelerated its plans to shut down its nuclear power plants.

But now, 11 years later, Russia's invasion of Ukraine has triggered a rethink.

Continental Europe, facing a dire energy shortage from rapidly reducing its dependence on Russian gas, is reconsidering the value of nuclear power.

"The political momentum towards uranium as a clean and reliable energy source, particularly in Europe, is gathering pace," Red Leaf Securities chief John Athanasiou told The Bull.

Therefore he recommends buying shares in uranium producer Paladin Energy Ltd (ASX: PDN).

"The uranium company owns a 75% stake in the Langer Heinrich mine in Namibia. The share price is highly correlated to the uranium price."

The Motley Fool's Matthew Farley agreed that Paladin shares are a buy.

"I believe that we're in the very early stages of witnessing a revival of nuclear energy and that the potential of these shares hasn't yet been priced in by the market."

Athanasiou believes Paladin's valuation will rise with uranium demand.

"We expect increasing uranium prices to be reflected in an improving share price moving forward."

Nothing better than pricing power during rampant inflation

Disposable protective glove maker Ansell Limited (ASX: ANN) probably underperformed during the COVID-19 pandemic, considering its huge business in healthcare supplies.

But Athanasiou reckons the stock price's primed for a revival in the face of tougher economic times.

"During inflation, companies with pricing power tend to outperform," he said.

"Ansell, a leading manufacturer of protective industrial and medical gloves, has been able to pass on increasing production costs without any material impact on demand."

The Ansell share price is down almost 20% so far this year.

But because of its pricing power over its products, Athanasiou is optimistic.

"We're expecting the share price to outperform."

Ansell is polarising in the wider professional community. According to CMC Markets, five out of 13 analysts currently rate it as a buy, while seven recommend the stock as a hold.

Should you invest $1,000 in Sonic Healthcare Limited right now?

Before you buy Sonic Healthcare Limited shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Sonic Healthcare Limited wasn't one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys...

See The 5 Stocks *Returns as of 30 April 2025

Motley Fool contributor Tony Yoo has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Ansell Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Broker Notes

Broker written in white with a man drawing a yellow underline.
Broker Notes

Top brokers name 3 ASX shares to buy today

Here's what brokers are recommending as buys this week.

Read more »

Woman checking out new iPads.
Consumer Staples & Discretionary Shares

Macquarie reveals top ASX stock picks in the consumer sectors

The top broker has revealed its favourite shares in the consumer discretionary and consumer staples sectors.

Read more »

Image from either construction, mining or the oil industry of a friendly worker.
Resources Shares

Broker names 10 ASX mining stocks set to outperform following Macquarie Conference

Twenty-two ASX mining companies presented at the annual Macquarie Conference last week.

Read more »

A man looking at his laptop and thinking.
Broker Notes

Are Super Retail Group shares a buy, hold, or sell according to Macquarie?

Let's see what the broker is saying about this popular retail stock.

Read more »

Middle age caucasian man smiling confident drinking coffee at home.
Broker Notes

What does Macquarie think Steadfast shares are worth?

Could big returns be on offer from this blue chip? Let's find out.

Read more »

Broker looking at the share price.
Broker Notes

Leading brokers name 3 ASX shares to buy today

Here's why brokers believe that now could be the time to snap up these shares.

Read more »

A man in a blue collared shirt sits at his desk doing a single fist pump as he watches the Appen share price rise on his laptop
Broker Notes

These ASX 200 stocks could rise 30% to 40%

Analysts are tipping these shares to go to the moon. Let's find out why.

Read more »

A businessman looking at his digital tablet or strategy planning in hotel conference lobby. He is happy at achieving financial goals.
Broker Notes

Top brokers name 3 ASX shares to buy next week

Brokers gave buy ratings to these ASX shares last week. Why are they bullish?

Read more »