S&P/ASX 200 Index (ASX: XJO) shares are in the red on Tuesday as investors remain wary about whether a US-Iran deal will eventuate.
According to Trading Economics, the US and Iran are discussing a framework that would extend the ceasefire for two months.
Additionally, the US would lift its blockade of Iranian ports while Iran would reopen the Strait of Hormuz, a critical global oil and gas shipping channel.
While the world waits for further news, three experts give us their views on three ASX shares.
Let's take a look.
Catapult Sports Ltd (ASX: CAT)
The Catapult Sports share price is $3.28, down 2.1% today and down 35% over six months.
Morgans has reiterated its buy rating on this ASX tech share and shaved its 12-month target from $5.55 to $5.40.
The broker said:
CAT's FY26 result confirmed strong organic momentum, with revenue US$141m (+19% c/c) and closing ACV US$134m (+28% c/c) at the top of guidance, while Management EBITDA of US$25m (17.6% margin, +67% pcp) beat MorgansF.
Operating leverage is now evident, with a 41% incremental margin (48% ex-acquisitions) in the period.
ACV per pro team crossed US$30k for the first time whilst SaaS metrics improved.
We trim FY27-FY29F Management EBITDA by 6-8% factoring in the result.
Tower Ltd (ASX: TWR)
The Tower share price is $1.58, up 1.9% today and down 6% over six months.
Mark Elzayed from Investor Pulse has a hold rating on this ASX financial share.
On The Bull this week, Elzayed said:
Tower is a New Zealand focused insurer benefiting from solid policy growth and improved underwriting conditions.
The company generated 15,000 new customers in the year to March 31, 2026, despite a subdued economic environment.
The company announced growth initiatives for the second half of 2026, including a partnership with Westpac Banking Corp (ASX: WBC) to offer general insurance products to its retail customers.
In our view, company performance and outlook supports a hold recommendation at this stage of the cycle.
Guzman Y Gomez Ltd (ASX: GYG)
The Guzman Y Gomez share price is $20.05, up 0.9% today and down 12% over six months.
Last week, the Mexican restaurant chain upgraded its earnings guidance and announced the abandonment of its US expansion plans.
Guzman y Gomez now expects underlying earnings before interest, taxes, depreciation, and amortisation (EBITDA) of approximately $85 million, up 29% year over year, for FY26.
Citi has reiterated its sell rating on the ASX consumer discretionary share.
The broker increased its 12-month price target from $16.55 to $18.35.
The post Buy, hold, sell: Catapult Sports, Tower, Guzman y Gomez shares appeared first on The Motley Fool Australia.
Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor Bronwyn Allen 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 Catapult Sports. The Motley Fool Australia has positions in and has recommended Catapult Sports. 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