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Expert names Woodside and CSL shares as top buys today

The Motley Fool·09/29/2026 23:15:00
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Today could be an opportune time to buy Woodside Energy Group Ltd (ASX: WDS) and CSL Ltd (ASX: CSL) shares.

That's according to Red Leaf Securities' John Athanasiou, who issued a buy recommendation on both S&P/ASX 200 Index (ASX: XJO) stocks this week (courtesy of The Bull).

In intraday trade on Tuesday, CSL shares were changing hands for $181.88 each. While that leaves shares in the ASX 200 biotech giant down 8.6% in a year, the share price has rocketed a remarkable 96.8% since notching a multi-year closing low of $92.24 on 3 June.

CSL stock also trades on a 2.2% unfranked trailing dividend yield.

As for Woodside shares, trading for $31.27 on Tuesday, the ASX 200 energy stock has gained 33.6% in 12 months. Woodside shares also trade on a 5.2% fully franked trailing dividend yield. That equates to a grossed-up yield of 7.5% once we take those franking credits into account.

Should I buy CSL shares today?

"CSL's recovery is gaining momentum after forecasting underlying profit growth guidance of about 5 per cent in fiscal year 2027," Athanasiou noted. "Guidance exceeded market expectations."

Summarising his buy recommendation on CSL shares, Athanasiou said:

Immunoglobulin sales improved in the second half of fiscal year 2026 amid the company announcing a further share buy-back of $1.1 billion. The outlook for this global health care company is improving after prolonged underperformance. CSL shares have risen from $92.24 on June 3 to trade at $179.19 on September 24.

Successfully meeting or exceeding its targets leaves room for a potentially higher share price considering the stock was trading above $300 in calendar year 2024.

Which brings us to…

Woodside shares benefiting from global energy crunch

Atop his bullish outlook on CSL shares, Athanasiou also issued a buy recommendation on Woodside shares.

"Woodside offers exposure to recent elevated global energy prices amid supply disruptions and continuing Middle East tensions," he said. "Stronger realised prices should support near term cash flow and dividends."

On the risk front, Athanasiou added, "A major risk is an easing of geopolitical tensions and a corresponding fall in crude oil prices."

Explaining his buy recommendation on Woodside shares, Athanasiou concluded:

However, the company delivered a solid interim result. Operating revenue of $7.446 billion in the first half of 2026 was up 13 per cent on the prior corresponding period. Underlying net profit after tax of $1.334 billion was up 7 per cent. The Scarborough energy project is almost completed.

The post Expert names Woodside and CSL shares as top buys today appeared first on The Motley Fool Australia.

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

The Motley Fool's purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 2026