What are the Best ASX Shares to Buy? [Our Picks for 2025]

When it comes to growing your wealth through the stock market, finding the best ASX shares to buy is essential for Australian investors looking to build a strong, long-term portfolio. In 2025, the Australian Securities Exchange offers a range of exciting opportunities for savvy investors seeking reliable returns and sustainable growth.

This article explores 10 widely followed ASX-listed companies in 2025 that have demonstrated notable performance trends and are frequently referenced in long-term investment discussions.

Top 10 Performing Shares on ASX in 2025

When it comes to figuring out what are the best ASX shares to buy, sometimes the numbers speak louder than forecasts. Performance—real, measurable gains—is often the clearest signal of a stock’s strength. Whether you're after explosive growth, consistent returns, or just trying not to miss the next big mover, this list of top-performing ASX shares in 2025 and may offer insight into recent market trends.

Here’s a look at 10 of the best performing shares on ASX that have caught serious investor attention lately:

Commonwealth Bank of Australia (ASX: CBA)

Commonwealth Bank of Australia (ASX: CBA) is Australia's largest and most prominent financial institution, playing a central role in the banking sector with a strong national presence. In 2025, CBA reported a cash net profit after tax of $10.25 billion, reflecting a 4% increase from the previous year, supported by robust lending growth and a stable net interest margin.

With a fully franked dividend of $4.85 per share, CBA continues to be a reliable choice for long-term investors seeking stability and growth in the Australian market. The bank also emphasizes sustainability and is committed to supporting Australia's transition to a net zero economy by 2050.

CSL Limited (ASX: CSL)

CSL Limited (ASX: CSL) is a global biotechnology powerhouse headquartered in Australia, renowned for its advanced biopharmaceutical products and vaccines. In 2025, CSL generated revenue exceeding $15 billion, driven by its three core segments: CSL Behring, which focuses on plasma-derived therapies and gene therapies; CSL Seqirus, the world's second-largest influenza vaccine provider; and CSL Vifor, specializing in treatments for iron deficiency and nephrology.

Wesfarmers Limited (ASX: WES)

Wesfarmers Limited (ASX: WES) is one of Australia’s largest and most diversified conglomerates, with a robust portfolio spanning retail, industrials, and resources sectors. Headquartered in Perth, Wesfarmers operates well-known brands including Bunnings Warehouse, Officeworks, Kmart, and Target, along with interests in chemicals, fertilisers, and coal mining. In 2025, Wesfarmers continued to deliver strong financial results, supported by resilient retail sales and strategic investments in emerging sectors like lithium mining.

Northern Star Resources (ASX: NST)

Northern Star Resources (ASX: NST) is a leading Australian midtier gold mining company with operations spanning Western Australia, the Northern Territory, and Alaska. In the 2025 fiscal year, Northern Star delivered record financial results, with underlying free cash flow hitting A$536 million, driven by strong gold production exceeding 1.6 million ounces and a favorable gold price environment. The company maintains a strong, investment-grade balance sheet with net cash of approximately A$1 billion, enabling continued investment in growth projects like the Hemi Development Project.

Pro Medicus (ASX: PME)

Pro Medicus Limited (ASX: PME) is a leading healthcare IT company specializing in advanced radiology imaging software designed to enhance diagnostic capabilities in medical facilities worldwide. This healthcare software provider was FY24’s top performer in the ASX200 with a 118% share price surge Strong US contract wins and record-breaking results make it a standout for long-term growth investors.

Life360 (ASX: 360)

Life360 Inc (ASX: 360) is a leading technology company that provides a popular location-sharing and safety platform designed to keep families connected and secure worldwide. With nearly 88 million monthly active users as of mid-2025, Life360 offers a suite of services including real-time location tracking, driver safety alerts, crash detection, roadside assistance, and emergency dispatch.

The company operates primarily through a subscription-based model complemented by its growing advertising business, driving strong revenue growth with total quarterly revenue reaching $115.4 million, a 36% increase year-on-year.

Ramelius Resources (ASX: RMS)

Ramelius Resources (ASX: RMS) is a prominent Australian gold mining company based in Western Australia, with a well-established history dating back to 2003. In fiscal year 2025, Ramelius produced approximately 301,664 ounces of gold at an All-in Sustaining Cost (AISC) of A$1,551 per ounce, reflecting its efficiency in operations. With a market cap of around AU$7.66 billion and a revenue of AU$1.20 billion in FY25, RMS has delivered impressive growth, boasting a 36.35% increase in revenue compared to the prior year.

West African Resources (ASX: WAF)

West African Resources Limited (ASX: WAF) is a Perth-based gold mining company focused on the acquisition, exploration, and development of gold projects in West Africa, primarily Burkina Faso. Since pouring its first gold at the Sanbrado Gold Operations in early 2020, WAF has established itself as an emerging mid-tier gold producer. The company is on track to produce more than 4 million ounces of gold from 2024 to 2033, with annual production expected to average around 420,000 ounces and peak at 473,000 ounces in 2029.

Red 5 Ltd (ASX: RED)

Red 5 Ltd (ASX: RED) is an Australian gold producer with mining operations primarily located in the Eastern Goldfields region of Western Australia and in the Philippines. The company has a strong focus on exploration and development to expand its resource base and optimize production from existing mines. Red 5 has demonstrated resilience and growth potential, reflected in its positive share price performance, rising approximately 33% year-to-date in 2025.

Macquarie Technology Group (ASX: MAQ)

Macquarie Technology Group (ASX: MAQ) is a leading Australian provider of data center, cloud computing, cybersecurity, and telecommunications services tailored specifically for medium to large-sized business and government customers. From $8.15 to over $60 per share—a whopping 672% gain—Macquarie Tech has ridden the wave of Australia’s growing digital infrastructure needs. Its focus on secure cloud services and data centres makes it one of the best ASX shares to buy for tech exposure.

So if you're wondering what are the best ASX shares to buy right now, this list offers a compelling mix—from resource-rich miners riding commodity booms to tech innovators reshaping their industries. These aren’t just good stories—they’re backed by performance metrics that matter.

And while past performance doesn’t guarantee future results, these ten names show what’s possible when strategy meets execution on the ASX stage.

How to Buy ASX Stocks on Moomoo?

Moomoo is a modern, ASIC-regulated online brokerage platform that offers Australian investors a seamless and feature-rich trading experience. As a CHESS-sponsored broker, Moomoo ensures direct ASX share ownership under a Holder Identification Number (HIN), giving investors full control and security over their portfolios.

Client funds are held in segregated trust accounts with HSBC Bank Australia, separated from Moomoo’s own funds, providing a high level of financial safety.

Renowned for its competitive pricing, Moomoo charges a fee of $3 per ASX trade or 0.03% of the transaction value, with no hidden costs, inactivity fees, or subscription charges.

The platform also stands out with advanced charting tools, real-time market data, 24/5 multilingual customer support, and access to both domestic and international markets, like US and HongKong markets.

Here is a step-by-step guide to buying ASX stocks on moomoo:

• Step 1: open a moomoo trading account in just 3 steps.

• Step 2: Link your bank account to fund your moomoo trading account securely.

• Step 3: Once funds are available, search for the ASX stock you want to buy using the app’s search bar.

• Step 4: Tap the “Buy” button, enter the number of shares you want to purchase, and review the order details.

How to Choose the Best ASX Shares?

So, you're eyeing the Australian Securities Exchange and wondering—what are the best ASX shares to buy right now? Fair question. With over 2,000 listed companies, it’s easy to feel like you’re picking a needle from a haystack. But here's the thing: choosing the best performing shares on ASX isn’t about luck—it’s about strategy, timing, and a little bit of gut instinct.

Start With What You Know

One of the most underrated investing principles is this: invest in businesses you understand. If you use a company’s product or service regularly—like WiseTech if you're in logistics or Life360 if you're a parent keeping tabs on your kids—you already have an edge. Familiarity helps you track performance beyond just the numbers. It gives context.

Look at Fundamentals—Not Just Hype

Sure, everyone loves a good growth story. But sustainable returns come from solid fundamentals:

• Earnings growth: Is revenue rising year over year?

• Debt levels: Does the company manage its balance sheet responsibly?

• Return on equity (ROE): How efficiently does it generate profits?

These indicators help separate long-term winners from flash-in-the-pan stocks. Many of the best performing shares on ASX—like Pro Medicus and Macquarie Technology Group—show consistent earnings growth paired with healthy margins.

Consider Industry Trends

Sometimes it's not just about the company—it’s about where the world is heading. Gold miners like Northern Star Resources have surged during inflationary periods. Tech companies like Altium ride waves of digital transformation. Healthcare stocks benefit from aging populations and medical innovation.

So ask yourself: is this sector growing? Is it resilient during downturns?

Dividends Matter More Than You Think

If you’re building wealth over time, dividend-paying stocks can be your secret weapon. Companies that pay reliable dividends—think banks, miners, or infrastructure players—offer income even when markets wobble. And reinvested dividends? They quietly snowball into serious gains.

Don’t Chase Yesterday’s Winners Blindly

Just because a stock made headlines last quarter doesn’t mean it's one of the best ASX shares to buy today. Always check valuation metrics like P/E ratios or price-to-book before jumping in. A great business can still be a bad investment if you pay too much for it.

Final Thought (But Not Really Final)

There’s no magic formula for picking winners—but combining solid research with personal insight gets you close. So next time someone asks “what are the best ASX shares to buy?”, remember: it depends on your goals, your risk tolerance, and yes—a little bit of patience.

Key Benefits of investing in ASX Shares

So, what makes the Australian Securities Exchange (ASX) such a compelling place to park your money? Whether you're a seasoned investor or just testing the waters, ASX shares offer more than just the thrill of trading — they deliver real, tangible benefits that can shape your financial future.

1. Access to World-Class Companies

From global tech players like WiseTech Global and Altium Ltd to gold producers like Northern Star Resources, the ASX is home to some of the best performing shares on ASX. These companies aren't just local champions — many have serious international footprints. Investing in them means you’re not just betting on Australia’s economy but tapping into global growth stories.

2. Dividends That Matter

Let’s be honest — who doesn’t like passive income? One standout feature of many ASX-listed companies is their focus on paying regular, often fully franked dividends. That means investors not only receive cash payments but also benefit from tax credits — a win-win for income-focused portfolios.

3. Diversification Made Simple

Whether you're interested in mining, healthcare, fintech, or even software-as-a-service (SaaS), the ASX offers exposure across sectors. This kind of built-in diversification helps reduce risk without needing to look overseas. It also makes it easier for investors to mix defensive stocks with growth-oriented ones — all within one exchange.

4. Transparency and Strong Regulation

Australia's financial markets are governed by some of the most robust regulatory frameworks globally. That translates into greater transparency, better corporate governance, and more confidence for retail investors navigating what are the best ASX shares to buy.

5. Growth Potential with Local Insight

Here’s the thing: investing locally gives you an edge. You understand the news cycle, consumer trends, and political shifts that can impact share prices. That kind of insight is invaluable when identifying the best ASX shares to buy before they hit mainstream headlines.

In short? The ASX isn’t just a market — it’s a launchpad for both steady income and long-term capital growth. Whether you're chasing yield or hunting for the next breakout star among the best performing shares on ASX, there's plenty of upside waiting right at your doorstep.

Conclusion: Your Path to Smart Investing

So, what are the best ASX shares to buy? That depends on your goals, risk tolerance, and how much homework you’re willing to do. But one thing is clear: Australia’s stock market offers a rich mix of opportunities. From top-performing shares like WiseTech and Northern Star to emerging tech players such as Life360, investors have plenty of potential to explore.

The smartest investors aren’t the ones chasing headlines. They’re the ones building a strategy grounded in quality, value, and timing. Whether you’re looking for growth, steady dividend income, or diversification beyond property and cash, understanding what the best ASX shares to buy are is the first real step toward financial confidence.

And don’t worry about getting everything perfect. Even seasoned investors adjust their portfolios over time. What matters is starting with purpose and staying consistent. Because smart investing isn’t just about picking winners; it’s about playing the long game wisely.