The team at Bell Potter has been running the rule over a number of ASX shares and has named its top picks for 2022.

Among its picks are the three ASX 200 shares below. Here’s why it thinks these are three of the best buys for 2022:

A2 Milk Company Ltd (ASX: A2M)

A bit of a controversial pick given its abject performance over the last 12 months, but Bell Potter believes it could be well worth sticking with this infant formula company. It currently has a buy rating and $7.70 price target on its shares.

Bell Potter explained: “We see the scope for EPS to double by FY26e, if A2M can execute on the China offline expansion strategy, while recovering 50% of the lost sales (from FY20-21) in English label IMF. The catalyst to regaining lost English label sales is likely to be boarder reopening and the return of international students. Exiting the loss making US assets or navigating a turnaround at the MVM asset would likely accelerate this turnaround. We do not see the current share price as reflecting this potential.”

Life360 Inc (ASX: 360)

In the tech sector, Bell Potter rates Life360 very highly and has a buy rating and $16.25 price target on its shares. The broker likes Life360’s freemium model and ability to convert its huge user base into paying subscribers.

Bell Potter commented: “The company has also recently announced two acquisitions – Jiobit and Tile – so that now it not only connects and protects people but also pets and things. Yes Life360 is currently not profitable but the unique positioning of the company means it is well placed to disrupt the safety and security market and so achieve strong top line growth for years to come.”

Regis Resources Limited (ASX: RRL)

In the resources sector, the broker is bullish on ASX 200 gold miner Regis Resources. It believes its shares could double over the next 12 months. Bell Potter has a buy rating and $3.81 price target on them.

Its analysts said: “RRL’s share price has continued to drift on a forecast slow start to FY22 and a lack of conviction on the gold price. However, RRL continues to be competitive with peers on operating and cost metrics and is relatively cheap on a number of valuation metrics. [..] RRL offers exposure to a long-life, low-cost asset base and the opportunity of organic growth at McPhillamys lifting group production to ~700kozpa. On a risk-reward basis, at these levels, we view RRL is a standout in the sector.”

The post Bell Potter names 3 of the best ASX 200 shares to buy in 2022 appeared first on The Motley Fool Australia.

More reading

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• The ASX share market coverage that captivated readers in 2021

Motley Fool contributor James Mickleboro owns Life360, Inc. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Life360, Inc. The Motley Fool Australia has recommended A2 Milk. 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 was a good five days for the S&P/ASX 200 Index (ASX: XJO) last week. The benchmark index rose 1.4% over the period to end at 7,420.3 points.

Unfortunately, not all shares climbed higher with the market. Here’s why these were the worst performing ASX 200 shares last week:

Magellan Financial Group Ltd (ASX: MFG)

The Magellan share price was the worst performer on the ASX 200 last week with a 27.8% decline. Investors were selling off the fund manager’s shares after it announced the termination of the St James’s Place mandate. The release notes that the mandate represents approximately 12% of the company’s current annual revenues. As a result, the termination of the mandate at this point in the financial year is anticipated to impact its FY 2022 revenues by 6%. Investors appear concerned more mandates could be lost, particularly given the abject performance of its flagship fund.

CIMIC Group Ltd (ASX: CIM)

The CIMIC share price was some way behind as the next worst performer with a 9% decline. This was despite the mining, construction and engineering services company announcing a $1.8 billion New South Wales government contract win for its subsidiary CPB Contractors. It is unclear what sparked the selling.

Bega Cheese Ltd (ASX: BGA)

The Bega share price was out of form and dropped 8.1% over the five days. Investors were selling the diversified food company’s shares after the release of underwhelming FY 2022 guidance. Bega provided guidance for normalised EBITDA in the range of $195 million to $215 million. While this will be an increase of 37% to 51% year on year, it was short of the market’s expectations. The Bloomberg consensus estimate was $222 million.

Charter Hall Group (ASX: CHC)

The Charter Hall share price wasn’t far behind with a 7% decline. This follows news that the property company is acquiring a 50% interest in Paradice Investment Management (PIM). Charter Hall advised that it will pay $207 million for the stake. This comprises 70% in shares and 30% in cash. PIM is a fund manager with around $18.2 billion in funds under management. It appears as though some investors are keen on the move.

The post These were the worst performing ASX 200 shares last week appeared first on The Motley Fool Australia.

More reading

• These were the best performing ASX 200 shares last week
• Here are the top 10 ASX shares today
• The Magellan (ASX:MFG) share price is now up 11% in 3 days. What’s going on?
• The ASX share market coverage that captivated readers in 2021
• ASX 200 (ASX:XJO) midday update: AMP shoots higher, travel shares rise

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 no position in any of the stocks mentioned. 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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Are you looking to make some additions to your portfolio in 2022? If you are, the three ASX shares listed below could be great options.

They have been tipped as shares that could generate strong returns for investors in the future. Here’s why they could be five-star stocks:

CSL Limited (ASX: CSL)

The first five-star stock for investors in 2022 is CSL. It is one of the world’s leading biotherapeutics companies with a portfolio of life-saving, world class therapies and vaccines. Its products are used around the world to treat immunodeficiencies, bleeding disorders, hereditary angioedema, Alpha 1 antitrypsin deficiency, and neurological disorders. The company is also in the process of adding treatments for iron deficiency, nephrology and cardio-renal to its arsenal through the acquisition of Vifor Pharma for $17 billion. Together with its ~US$1 billion annual spend on R&D, CSL looks well-placed for growth over the long term.

Citi currently has a buy rating and $340.00 price target on the company’s shares.

Domino’s Pizza Enterprises Ltd (ASX: DMP)

Another five-star stock to look at is Domino’s. This pizza chain operator could be a quality option for investors due to its bold growth plans and the ongoing popularity of its offering. In respect to its growth plans, management is aiming to more than double its footprint to 6,650 stores in existing markets by 2033. It also has the balance sheet strength to make acquisitions that increase its addressable market even further. Combined with its long track record of delivering solid same store sales growth, this bodes well for its growth over the 2020s.

Goldman Sachs is a fan of the company and has a buy rating and $147.00 price target on its shares.

REA Group Limited (ASX: REA)

A final five-star stock to consider buying in 2022 is REA Group. It is the digital advertising company that operates Australia’s leading property website, realestate.com.au. In addition, REA operates a number of complementary businesses in the Australian market and internationally. This includes its growing presence in the mortgage broker market following the acquisition of Mortgage Choice. All in all, together with new revenue streams, its good cost control, and a booming housing market, REA Group appears well-placed for growth.

Macquarie is very positive on the company’s outlook and has an outperform rating and $192.00 price target on its shares.

The post 3 five-star ASX shares to buy in 2022 appeared first on The Motley Fool Australia.

More reading

• Where are CSL (ASX:CSL) shares headed in 2022?
• Do these two unloved ASX shares offer tasty returns?
• 2 high quality ASX 200 shares with huge upside potential
• Here are the top 10 ASX shares today
• Interested in the $750m CSL (ASX:CSL) share purchase plan? Here are the details

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 and has recommended CSL Ltd. The Motley Fool Australia has recommended Dominos Pizza Enterprises Limited and 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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The S&P/ASX 200 Index (ASX: XJO) was on form last week and stormed higher over the five days. The benchmark index rose 1.4% over the period to end at 7,420.3 points.

While a good number of shares climbed higher with the market, some rose more than most. Here’s why these were the best performing ASX 200 shares last week:

Link Administration Holdings Ltd (ASX: LNK)

The Link share price was the best performer on the ASX 200 last week with a 12.9% gain. Investors were buying the administration services company’s shares after it received a takeover approach from Dye & Durham. If the deal goes ahead, Link shareholders will receive $5.50 per share in cash and a 3 cents per share interim dividend.

Mineral Resources Limited (ASX: MIN)

The Mineral Resources share price wasn’t far behind with a gain of 11.1% over the five days. This appears to have been driven by a broker note out of Macquarie. Last week the broker held firm with its outperform rating and lifted its price target by 10% to a lofty $79.00. Macquarie believes that Mineral Resources is well-positioned to benefit from record lithium prices for the next four years.

PolyNovo Ltd (ASX: PNV)

The PolyNovo share price was on form again and charged 10.7% over the period. Investors have been buying the medical device company’s shares since the release of a strong second quarter update last week. That update revealed that sales for October and November in the United States are up 133% over the prior corresponding period to $4.66 million.

AMP Ltd (ASX: AMP)

The AMP share price was a strong performer and climbed 10.5% last week. A good portion of this gain was made on Friday after it announced a divestment from its private markets business, PrivateMarketsCo. AMP has agreed to sell its infrastructure debt platform to Ares Holdings for a total cash consideration of $428 million. The agreement follows PrivateMarketsCo’s strategic decision to focus on managing equity investments in real estate and infrastructure.

The post These were the best performing ASX 200 shares last week appeared first on The Motley Fool Australia.

More reading

• Here are the top 10 ASX shares today
• The ASX share market coverage that captivated readers in 2021
• Why AMP, Hipages, Pilbara Minerals, and Webjet shares are storming higher
• ASX 200 (ASX:XJO) midday update: AMP shoots higher, travel shares rise
• Here’s why the AMP (ASX:AMP) share price is racing 6% higher today

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 and has recommended Link Administration Holdings Ltd and POLYNOVO FPO. The Motley Fool Australia has no position in any of the stocks mentioned. 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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