I think there are some great ASX shares that look like excellent buying opportunities. Let me tell you about two of them.
Washington H. Soul Pattinson and Co. Ltd (ASX: SOL)
WHSP is a very old business, it’s more than a century old. It started out as a pharmacy business but has since developed into an investment house.
Its diversification is pleasing – it is invested in areas like telecommunications, resources, financial services, industrial properties, building products, swimming schools, agriculture, healthcare and plenty more.
I’d say it’s the most diversified ASX 300 (ASX: XKO) share because it represents a portfolio itself.
Every year, the analysts and management team make new investments to improve the future prospects of the business, which I think is essential in a rapidly-changing world. WHSP has shown its capabilities to identify long-term opportunities and I think this can help drive future returns.
With a focus on defensive investments, I really like how this business is able to pay a dependable dividend each year.
After the recent decision to merge with Brickworks Ltd (ASX: BKW), I’d say WHSP is an even more attractive ASX share.
GQG Partners Inc (ASX: GQG)
At a time when many ASX shares are trading at close to 52-week highs or even all-time highs, I’d say GQG is an appealing business.
This company is a US-based fund manager that offers clients a few major strategies, including US shares, global shares, international (excluding US) shares and emerging market shares. The business is winning clients outside the US, in countries such as the UK and Australia.
GQG reports its main strategies have outperformed their respective benchmarks since they started, which is both impressive and helps grow the company’s funds under management (FUM).
The size of the FUM is largely what dictates what revenue the company generates, which then heavily influences its profitability.
In the last update, being the month of May 2025, GQG reported total FUM of US$168.5 billion and net inflows of US$1.4 billion. In May 2024, it had US$150.1 billion of FUM. That means FUM grew by 12% in a year, which seems strong for a business trading on a low price/earnings ratio (p/e ratio).
As a bonus, the business could pay a dividend yield that’s more than 10% in the next financial year. I’m excited by what the ASX share could achieve in the medium-term.
