There are a lot of growth shares for investors to choose from on the Australian share market. In order to narrow things down, I have picked out three that are highly rated by analysts.

Here’s what you need to know about these ASX growth shares:

Breville Group Ltd (ASX: BRG)

The first ASX growth share to look at is this leading appliance manufacturer. It has been growing at a solid rate for a number of years and continued this trend in FY 2021. In fact, the company’s growth accelerated and led to it outperforming its guidance. Breville reported a 24.7% increase in revenue to $1,187.7 million and a 39.6% jump in earnings before interest and tax (EBIT) to $136.4 million.

Morgans is a fan of the company. In currently has an add rating and $34.00 price target on its shares. The broker believes the company is capable of double digit, multi-year organic revenue growth.

IDP Education Ltd (ASX: IEL)

Another ASX growth share to look at is IDP Education. It is a provider of international student placement services and English language testing services. For obvious reasons, it was hit hard by the pandemic. However, the company has been tipped to win market share once the crisis passes and trading conditions return to normal. It has also boosted its future growth with a key acquisition in the lucrative India market.

Last week UBS retained its buy rating and lifted its price target on the company’s shares to $36.40. The broker believes IDP Education is well-placed for a big earnings recovery once the pandemic passes.

ResMed Inc. (ASX: RMD)

Another ASX growth share to look at is ResMed. It is a medical device company with a focus on the sleep treatment market. ResMed has been growing at a solid rate for over a decade. This has been underpinned by its industry-leading products, wide distribution, and successful acquisitions. Pleasingly, thanks to its significant market opportunity and the growing prevalence of sleep disorders, it has been tipped to continue this positive form long into the future.

Credit Suisse believes the company is well-positioned to grow at above-industry rates over the long term. Earlier this month the broker retained its outperform rating and lifted its price target to $44.00.

The post 3 excellent ASX growth shares named as buys 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 Idp Education Pty Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended ResMed. The Motley Fool Australia has recommended ResMed Inc. 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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There are some compelling exchange-traded funds (ETFs) that may be good investment opportunities to consider for the long-term.

ETFs allow investors to invest in a (large) number of businesses in a single investment. That’s likely to be good news for people looking for diversification.

It may be an idea to consider businesses listed outside of Australia for different geographic earnings exposures.

Here are two to think about:

VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)

As the name suggests, this ETF is all about giving investment exposure to the video gaming and e-sports sector.

There are a total of 26 names in the portfolio. To give a sense the types of businesses in its portfolio, at the end of August 2021, these were the biggest ten positions: Nvidia, Advanced Micro Devices, Sea, Tencent, Unity Software, Activision Blizzard, Nintendo, Electronic Arts, Netease and Bandai Namco.

To be initially included in the underlying index, companies must generate at least 50% of revenue from video gaming or e-sports.

Why could the gaming sector be a good one to think about? The ETF provider VanEck has provided some of the reasons to consider it.

The competitive video gaming audience is expected to reach 646 million people globally in 2023, driven in part by rising population of people online. E-sports revenue growth has increased on average by 28% annually since 2015. E-sports has created new potential revenue streams from game publisher fees, media rights, merchandise, ticket sales and advertising.

There are now apparently more than 2.7 billion active gamers worldwide. VanEck said e-sports and online video games are a long-term disruptive force in the traditional media, entertainment technology industries.

The wider video gaming sector continues to see growth too. Video gaming has achieved 12% average annual growth since 2015.

Past performance is no guarantee of future performance. However, the index that VanEck Vectors Video Gaming and eSports ETF tracks has returned an average of 29.6% per annum over the last three years.

iShares S&P 500 ETF (ASX: IVV)

One of the world’s greatest investors, Warren Buffett, has often indicated his liking of S&P 500 funds for investors because of its low fees and diversification.

Blackrock offers this ETF with an incredibly low annual fee of just 0.04% per annum for Aussies. For investors, that means the ETF provider is costing hardly anything each year. It is one of the cheapest investment options on the whole of the ASX.

What is the S&P 500? It represents 500 of the biggest, most profitable businesses that are listed in the United States. However, note that many of the underlying businesses generate their profit from all over the world. Think how many countries Microsoft offers its Office suite, Alphabet provides Google Search and Facebook has its social media presence in most countries too.

Some of the other biggest names in the portfolio includes Apple, Amazon, Tesla, Nvidia, Berkshire Hathaway, JPMorgan Chase, Visa, Home Depot, Procter & Gamble, Walt Disney, PayPal, Adobe, Mastercard, Netflix, Salesforce.com, Pfizer, Accenture, Costco, Nike, Walmart and so on. It’s full of strong names. 

Plenty of the holdings in the iShares S&P 500 ETF are the best in the US or even the whole world at what they do, with strong market shares and big economic moats.

Past performance is not a reliable indicator of future performance. However, over the last five years, the ETF has returned an average of 18.4% per annum.

The post 2 great ETFs to think about for the long-term appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended VanEck Vectors ETF Trust – VanEck Vectors Video Gaming and eSports ETF and iShares Trust – iShares Core S&P 500 ETF. 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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It’s been a big week for the Wesfarmers Limited (ASX: WES) share price.

Investors have been keeping a keen eye on shares in the Aussie conglomerate after various headlines.

Let’s take a look at why the Wesfarmers share price has received extra attention this past week.

What’s making the headlines?

Wesfarmers made headlines this week following its ‘sweetened’ bid to acquire Australian Pharmaceutical Industries Ltd (ASX: API).

The conglomerate has offered to buy 100% of API’s outstanding shares at $1.55 per share under a revised scheme arrangement.

At the time, Wesfarmers’ new offer represented a 22% premium on API’s closing price. Overall, the new bid values API’s equity at approximately$764 million.

API’s board unanimously recommended the revised bid, subject to parties entering a binding scheme implementation deed.

According to the Australian Financial Review’s Street Talk column, Wesfarmers has already begun its due diligence which will take approximately 4 weeks.

Before proceeding, the deal also requires clearance from the Australian Competition and Consumer Commission (ACCC).

Wesfarmers made its intentions about expanding into the beauty and pharmaceutical sector clear earlier this year.

The conglomerate lodged a $687 million takeover bid for API in July, which was rejected by the pharmaceutical company.

The renewed bid for API has also renewed speculation on other acquisitions Wesfarmers may pursue.

Snapshot of the Wesfarmers share price

Up until recently, the Wesfarmers share price was having a stellar year. However, in the past 3 weeks, shares in the conglomerate have fallen more than 14% from their record highs.

The sell-off coincides with the release of the company’s full-year report for FY21.

Wesfarmers recorded a 10% increase in revenue and an 18.8% jump in EBIT from continuing operations.

Other highlights from the company’s full-year report included:

• EBIT (after interest on lease liabilities) up 20.7% to $3,550 million;
• Net profit after tax rose 16.2% to $2,421 million;
• Operating cash flows down 25.6% to $3,383 million;
• Fully franked full-year dividend of 178 cents per share, up 17.1% year on year; and
• Proposed $2.3 billion or $2.00 per share capital return to shareholders.

Despite falling in the past month, the Wesfarmers share price remains more than 12.5% higher for the year.

Shares in the conglomerate closed Friday’s trading session at $57.28, up 0.53% on the day.

The post Why the Wesfarmers (ASX:WES) share price has been in focus this week appeared first on The Motley Fool Australia.

More reading

• Acquisitions for Wesfarmers and Domain, Telstra plans to grow and Myer back in profit. Scott Phillips on Nine’s Late News
• The Wesfarmers (ASX:WES) share price rose after the API (ASX:API) bid
• This year’s ASX 200 Santa Rally to get a whopping $84bn cash boost
• These 3 ASX Healthcare shares have surged over 10% today
• Why Anteotech, API, Myer, & Whitehaven Coal shares are charging higher

Motley Fool contributor Nikhil Gangaram has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Wesfarmers 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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If you’re looking for some top ASX dividend shares to add to your income portfolio next week, then you might want to look at the ones listed below.

Here’s what income investors need to know about them:

Accent Group Ltd (ASX: AX1)

Accent is a retail group with a collection of popular footwear-focused store brands. These include stores such as HYPEDC, Platypus, Sneaker Lab, Stylerunner, and The Athlete’s Foot.

But it is unlikely to stop there. Accent is not afraid to test the waters with new ideas and has launched several new brands over the last few years. Positively, this strategy has been working wonders and has helped Accent grow at a consistently solid rate over the last few years.

In addition to this, the company recently bolstered its offering with the acquisition of Glue Store. This opens up Accent to the growing street fashion market, complementing its existing businesses.

Bell Potter is a fan of the company. It currently has a buy rating and $2.90 price target on its shares. The broker is forecasting dividends of 9.3 cents per share in FY 2022 and then 13.3 cents per share in FY 2023.

Based on the latest Accent share price of $2.22, this represents fully franked yields of 4.2% and 6%, respectively.

Transurban Group (ASX: TCL)

Another ASX dividend share to look at this toll road operator. Transurban owns a collection of important roads in Australia and North America such as CityLink in Melbourne and the Cross City Tunnel and Eastern Distributor in Sydney.

Unfortunately, COVID-19 lockdowns have led to a notable decline in traffic on its roads. However, volumes recovered quickly after previous lockdowns and are likely to do so again when restrictions ease. And with the vaccine rollout going well, this time the rebound could stick.

Macquarie remains positive on the company. It recently retained its outperform rating but trimmed its price target slightly to $14.66.

The broker is forecasting dividends of 42.3 cents per share in FY 2022 and then 64.3 cents per share in FY 2023. Based on the current Transurban share price of $14.18, this equates to yields of 3% and 4.5%, respectively, over the next two years.

The post 2 ASX dividend shares to buy next week appeared first on The Motley Fool Australia.

More reading

• Why Accent, Ioneer, Lifestyle Communities, & Vulcan are sinking
• Top brokers name 3 ASX shares to buy today
• Why Accent, Calix, Pilbara Minerals, & Starpharma shares are racing higher
• Which ASX 300 shares are on the move mid-week?
• The Transurban (ASX:TCL) share price is up only 1% this year. Is it a buy?

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. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Accent Group. 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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