2 ASX shares Morgans thinks are worth gobbling up right now

MotleyFool

Mar 23

ASX investors will be happy to leave last week in the rear view mirror, and hoping its all uphill here. Ongoing conflict in the Middle East has weighed heavily on investor sentiment. Subsequently, ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/2621745488"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2621745488\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2621745488?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-23 02:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2621745488","market":"nz","top_or_hot":-1,"title":"2 ASX shares Morgans thinks are worth gobbling up right now","media":"MotleyFool","content":"<div>\n<p>ASX investors will be happy to leave last week in the rear view mirror, and hoping its all uphill here. Ongoing conflict in the Middle East has weighed heavily on investor sentiment.  Subsequently, ...</p>\n\n<a href=\"https://www.fool.com.au/2026/03/23/2-asx-shares-morgans-thinks-are-worth-gobbling-up-right-now/\">Source Link</a>\n\n</div>\n","source":"motleyfoolau_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 ASX shares Morgans thinks are worth gobbling up right now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 ASX shares Morgans thinks are worth gobbling up right now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-23 02:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2026/03/23/2-asx-shares-morgans-thinks-are-worth-gobbling-up-right-now/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ASX investors will be happy to leave last week in the rear view mirror, and hoping its all uphill here. Ongoing conflict in the Middle East has weighed heavily on investor sentiment.  Subsequently, ...</p>\n\n<a href=\"https://www.fool.com.au/2026/03/23/2-asx-shares-morgans-thinks-are-worth-gobbling-up-right-now/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XJO.AU","symbol_name":"标普/澳交所 200指数","start_time":0,"source_url":"https://www.fool.com.au/2026/03/23/2-asx-shares-morgans-thinks-are-worth-gobbling-up-right-now/","article_id":"2621745488","we_media_id":null,"thumbnails":[],"rights":{"source":"motleyfoolau_stock","url":"https://www.fool.com.au/2026/03/23/2-asx-shares-morgans-thinks-are-worth-gobbling-up-right-now/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2621745488","pubTimestamp":1774204200,"columns":[],"sourceInfo":{"source_id":"motleyfoolau_stock","name":"MotleyFool"},"weMediaInfo":null,"summary":"ASX investors will be happy to leave last week in the rear view mirror, and hoping its all uphill here. Ongoing conflict in the Middle East has weighed heavily on investor sentiment. Subsequently, the","collect":0,"end_time":0,"defaultTopTitle":"fool.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"XJO.AU":"标普/澳交所 200指数","BK7088":"工业机械","AIH.AU":"Advanced Innergy Holdings Limited","BK7104":"黄金","TCG.AU":"TURACO GOLD LIMITED","BK7506":"金矿股"},"translate_title":"摩根士丹利认为现在值得买入的2只澳大利亚证券交易所股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AIH.AU":1,"XJO.AU":1,"TCG.AU":1},"content_text":"ASX investors will be happy to leave last week in the rear view mirror, and hoping its all uphill here. Ongoing conflict in the Middle East has weighed heavily on investor sentiment.  Subsequently, the S&P/ASX 200 Index (ASX: XJO) slumped 1.7% last week, and is now down more than 7% over the last month.  For investors looking towards greener pastures, recent notes out of the team at Morgans have highlighted two ASX shares that have significant upside.  Here's what the broker had to say.  Image source: Getty Images Turaco Gold Ltd (ASX: TCG) Turaco Gold engages in the acquisition, exploration and development of mineral interests, prospective for precious metals and other mineral deposits. It has ongoing exploration programs throughout the South Kyrgyz Gold project area with trenching, soil sampling and mapping undertaken on all of its prospects. Like many ASX gold shares, it rose significantly in 2025. However, it has had a soft start to 2026, falling 20% year to date.  It seems the tide could be turning back towards a positive outlook for the company.  On Friday, Turaco Gold shares jumped an impressive 7% after the company announced rapid growth in its Afema Project.  The company has upgraded the gold resource estimate at its Afema Project to 4.65 million ounces, up 15%, at a grade of 1.3 grams per tonne. Following the announcement, the team at Morgans released updated guidance on the company.   TCG released an MRE upgrade for the Afema Gold Project lifting the resource base to 4.65Moz Au at 1.3g/t Au (up from 4Moz)– a beat on our forecasts of 4.5Moz Au at 1.1g/t Au. Afema now ranks as one of the largest undeveloped gold resources on the ASX. We maintain our existing forecasts and reiterate our BUY rating, price target A$2.19ps.  From last week's closing price, this price target of $2.19 indicates an impressive upside of roughly 230%.  Morgans isn't the only analyst tipping upside.  Canaccord Genuity also has a positive outlook on Turaco Gold, along with a price target of $1.45.  Advanced Innergy Holdings Ltd (ASX: AIH) The company is a global leader in materials science technology for the protection of critical infrastructure.  Morgans is optimistic about these ASX shares after it announced the completion of its acquisition of Imenco, although did note there are emerging headwinds.   We have incorporated the transaction into our forecasts, with the deal expected to be low-to-mid single digit EPS accretive. However, we use this update to also reflect forecast FX headwinds (GBP/AUD), which we expect to more than offset the accretion from the acquisition.  Our forecasts for the base business are unchanged excluding the impacts from FX, and we continue to assume constant FX in outer years. Overall, we reduce our EBITDA forecasts by 1% annually across FY26-28 and NPAT by 3-4% over the same period. Target price reduces modestly to $1.45.  Despite the decrease in target price, from last week's closing price of $0.78, the updated price target still indicates an upside of approximately 86%.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}