The S&P/ASX 200 Index (ASX: XJO) is home to a large number of shares which I believe can beat the market over the 2020s.
Four of the best ASX 200 shares that I would buy with $4,000 are listed below. Here’s why I think they are quality investment options:
a2 Milk Company Ltd (ASX: A2M)
The first ASX 200 share to consider buying is a2 Milk Company. I believe that a2 Milk Company would be a great ASX share to own due to the increasing demand for its infant formula in China and its growing fresh milk footprint. Another positive is its substantial cash balance, which could be used to accelerate its growth through new product launches and acquisitions.
Altium Limited (ASX: ALU)
Another ASX 200 share to look at is Altium. It is an award-winning printed circuit board (PCB) design software provider. Over the last decade Altium has carved out a leading position in the electronic design market. This is a big positive given the proliferation of electronic devices, which is likely to lead to increasing demand for its software for many years to come. I expect this to drive the Altium share price notably higher over the 2020s.
CSL Limited (ASX: CSL)
I feel CSL could be the best share to own on the ASX 200. I’m a big fan of the biotherapeutics giant thanks to the increasing demand for immunoglobulins, its growing plasma collection network, and its pipeline of potentially lucrative products. And with the CSL share price down almost 18% from its 52-week high, now could be an opportune time to invest.
Nanosonics Ltd (ASX: NAN)
A final ASX 200 share to consider buying is Nanosonics. It is an infection prevention company which I believe has very strong long term growth potential. This is due to the sizeable market opportunity of its industry-leading trophon EPR disinfection system for ultrasound probes and the upcoming launch of new products. These products are targeting other unmet needs in a market where infection control is becoming increasingly important.
Where to invest $1,000 right now
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.
*Returns as of June 30th
More reading
- 5 things to watch on the ASX 200 on Monday
- Want to beat the market? Try these 3 ASX growth shares
- Top brokers name 3 ASX shares to buy next week
- 3 things that will impact on ASX shares this reporting season
- How to rebalance your average ASX share portfolio
James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Altium, CSL Ltd., and Nanosonics Limited. The Motley Fool Australia owns shares of A2 Milk. The Motley Fool Australia has recommended Nanosonics Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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