If you’re on the lookout for S&P/ASX 200 Index (ASX: XJO) shares to add to your portfolio, then the three listed below could be worth a closer look.
Here’s what you need to know about these top ASX 200 shares:
Altium Limited (ASX: ALU)
The first ASX 200 share to look at is Altium. It is an electronic design software provider. Altium is best-known for its Altium Designer and Altium 365 platforms. These platforms are regarded as the best in the industry and are used by many of the world’s largest companies. This includes the likes of BAE Systems, Microsoft, and Tesla. Thanks to these platforms, the company looks well-placed for growth over the next decade. Particularly given the internet of things and artificial intelligence markets. These are driving demand for electronic design software.
CSL Limited (ASX: CSL)
Another ASX 200 share to consider is CSL. It is one of the world’s leading biotechnology companies, comprising the CSL Behring and Seqirus businesses. Both are leaders in their respective fields – plasma therapies and vaccines. While plasma collection headwinds continue to weigh on collections and investor sentiment, CSL appears well-placed for growth once conditions ease. Particularly given its lucrative R&D pipeline. Thanks to an annual investment of close to US$1 billion, this pipeline is filled with potentially lucrative products.
REA Group Limited (ASX: REA)
A final ASX 200 share to look at is REA Group. It is the dominant player in real estate listings in the Australian market. REA looks well-placed for growth in the coming years thanks to the booming housing market, new revenue streams, cost cutting, price increases, and its international operations. In addition, the company has been busy making acquisitions recently. This has strengthened its offering, particularly in mortgage broking.
The post 3 excellent ASX 200 (ASX:XJO) shares worth a closer look appeared first on The Motley Fool Australia.
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Motley Fool contributor 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 and has recommended Altium and CSL Ltd. The Motley Fool Australia owns shares of and has recommended Altium. The Motley Fool Australia has recommended REA Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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