Livewire Markets

Buy Hold Sell: 5 ASX stocks that crushed it in FY26 (and two that should kick on)

There are a few moments throughout the financial year that lend themselves to a portfolio review.  While investors should always remain diligent, January 1 provides a fresh opportunity to cast a critical eye over one's holdings, while the February and August reporting seasons offer another chance to decide which companies continue to make the cut. But perhaps EOFY trumps them all, particularly due to tax-loss selling, where investors realise capital losses on underperforming investments to offset capital gains elsewhere in their portfolios and reduce their overall tax bill. Most of the treatment above, however, focuses on the losers. What about the winners? What about those stocks that have had a ripping 12 months and become the stars of your portfolio?  Can they continue to outperform, or was the past year as good as it gets? To help answer those questions and run the ruler over five of FY26's top performers, Livewire's Chris Conway is joined by ClearBridge Investment's Reece Birtles and Yarra Capital Management's Marcus Ryan.  For good measure, each guest highlights one company that has had a great 12 months that they believe will kick on in FY27.  This episode was filmed on Wednesday, 17th June 2026. TIME CODES 00:00 – Welcome and the FY26 review challenge 00:37 – How has FY26 treated ASX investors? 02:27 – Does EOFY naturally lend itself to a portfolio review? 03:26 – BHP: Can the Big Australian keep climbing? 06:06 – Iluka Resources: Rare earths opportunity or valuation trap? 08:49 – Woolworths: Has the recovery run too far? 11:18 – APA Group: Defensive income play or ex-growth utility? 13:41 – Woodside Energy: Still value after the oil rally? 16:20 – FY27 stock pick: Why Cobram Estate can keep winning 17:50 – FY27 stock pick: The hidden growth story inside Sims 19:43 – Final thoughts and wrap-up