Cheaper valuations this month are giving investors the opportunity to invest in ASX shares that are trading at much better value than before the sell-off.
It’s a great time to buy, which is why I think investors should look at their favourite share ideas and consider this period as a time to buy (rather than panic). I’m going to point out two strong ideas to consider.
Lovisa Holdings Ltd (ASX: LOV)
There are few ASX shares that have become as global as jewellery retailer Lovisa, with a presence in numerous markets in Asia, Europe, Africa and the Americas.
It has more than 10 stores in places like Australia, New Zealand, Singapore, Malaysia, South Africa, the UK, Ireland, France, Germany, Belgium, the Netherlands, Poland, Italy, the USA and Canada.
Overall, it reached approximately 1,100 global stores at the end of the FY26 half-year period, which represented a year on year increase of 152 stores.
Store growth is significantly boosting the company’s financials. In HY26, Lovisa’s core revenue grew 22.7% to $498.1 million and net profit after tax (NPAT) jumped 21.5% to $69.6 million. Importantly, comparable store sales growth was 2.2%, showing each store, on average, is generating more revenue.
I think ongoing expansion will help the company’s revenue and margins, making the ASX share a leading choice to consider for the rest of the decade.
Betashares Global Quality Leaders ETF (ASX: QLTY)
Exchange-traded funds (ETFs) could also be a good buy in the current volatility because of the diversification they can provide to our portfolios.
High-quality businesses could be a particularly good choice because of how they are more capable of handling economic uncertainty.
The QLTY ETF invests in a global portfolio of 150 businesses that all rate strongly on four financial metrics: a high return on equity (ROE) and profitability, low leverage and stable earnings.
I expect these sorts of businesses can perform strongly over the long-term, with resilient profit generation even through times like this.
Current holdings include Lam Research, Applied Materials, ASML, Johnson & Johnson and Costco.
I like that the portfolio comes from a variety of countries and industries, making this a truly diversified investment.
Since inception in November 2018, it has returned an average of 13.5% to February 2026, which is a great level of return, in my view.
There are a number of other very attractive ASX shares that could be good buys today. I’m on the lookout for both ASX growth shares and ASX dividend shares that could deliver pleasing returns over the long-term from today’s valuation.
