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ASX:SUL 12 January 2026 - 18 January 2026

Hunting passive income? These ASX dividend stocks just got fresh buy calls — and a warning about traps

Hunting passive income? These ASX dividend stocks just got fresh buy calls — and a warning about traps

On Jan. 18, Motley Fool Australia contributor Tristan Harrison recommended income investors consider L1 Long Short Fund and Washington H. Soul Pattinson as solid picks for dividend-paying stocks to generate “passive income.” The chatter around ASX dividend stocks has picked up again as the local market climbs, with the S&P/ASX 200 closing Friday at its highest since October 2025, according to News Corp’s news.com.au.

Stock Market Today

  • Burlington Stores (BURL) jumps 17.7% in 2024, ahead of Retail-Wholesale group
    July 3, 2026, 11:34 AM EDT. Burlington Stores (BURL) is up 17.7% so far this year, beating the Retail-Wholesale sector average, which is showing a 9.7% gain. The stock has a Zacks Rank #2 (Buy) after a 7.4% move higher in full-year earnings estimates last quarter, with analysts turning more positive. Burlington is in the Retail-Discount Stores group and is outperforming both its sector and industry. Carvana (CVNA) is another strong mover, rising 91% YTD as its earnings estimates jumped 77.5%. Both names have momentum in Retail-Wholesale and are on investors' radar for the sector.
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