If you’re a fan of growth shares, then you may want to look closely at the three shares listed below.

Here’s why these could be growth shares to buy:

Altium Limited (ASX: ALU)

Altium is an electronic design software provider behind the Altium 365 and Altium Designer platforms. It also has a number of complementary businesses such as Nexus and Octopart. All in all, these have positioned the company perfectly to profit from the increasing demand for electronic design software due to the rapidly growing Internet of Things (IoT) and AI markets. Jefferies has a buy rating and $48.83 price target on the company’s shares.

Breville Group Ltd (ASX: BRG)

Breville is one of the world’s leading appliance manufacturers. It has been growing at a consistently solid rate for the last decade and looks well-placed to continue this trend in the future. This is thanks to the popularity of its numerous brands (Breville, Kambrook, Sage, etc), its international expansion, acquisitions, favourable consumer trends, and its ongoing investment in R&D. The latter ensure its products are at the forefront of industry innovation. Macquarie is very positive on the company and has an outperform rating and $34.37 price target on its shares.

Domino’s Pizza Enterprises Ltd (ASX: DMP)

Domino’s is one of the world’s largest pizza chain operators with stores across the ANZ, Asia-Pacific, and European regions. At the end of FY 2021, the company had a total of 2,974 stores across its network. While this is undoubtedly a large number, management isn’t planning to stop there. In fact, it is targeting 6,650 stores in existing markets by 2033. It also has the balance sheet capacity to expand into other markets through acquisitions. All in all, this bodes well for its growth over the next decade. Goldman Sachs is a fan of the company. It currently has a buy rating and $147.00 price target on Domino’s shares.

The post 3 fantastic ASX growth shares rated 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 and has recommended Altium. The Motley Fool Australia has recommended Dominos Pizza Enterprises 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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Today, the S&P/ASX 200 Index (ASX: XJO) disappointed investors with another red showing. At the end of the session, the benchmark index was down 0.71% to 7,710.7 points.

Unfortunately, it was another somewhat sombre showing across the Aussie share market today. After the dust settled, only one sector managed to finish in the green. With a few strong performing gold and iron ore miners, the materials sector finished 0.03% higher. Meanwhile, consumer staples ended up being the worst-performing sector.

However, the question is: which shares delivered the biggest returns to investors on the ASX today? Here are the top ten stocks that came through for investors:

Top 10 ASX shares countdown today

Looking at the top 200 listed companies, Alumina Ltd (ASX: AWC) was the biggest gainer today. Shares in the alumina and aluminium mining and refining company added 3.88% despite there being no new announcements. Find out more about Alumina here.

The next biggest gaining ASX share today was Magellan Financial Group Ltd (ASX: MFG). The fund manager enjoyed a 2.72% rise in its share price irrespective of there being no news from the company today. Uncover the latest Magellan Financial Group details here.

Today’s top 10 biggest gains were made in these ASX shares:

ASX-listed company	Share price	Price change
Alumina Ltd (ASX: AWC)	$2.01	3.88%
Magellan Financial Group Ltd (ASX: MFG)	$21.15	2.72%
Evolution Mining Ltd (ASX: EVN)	$3.86	2.66%
Fortescue Metals Group Ltd (ASX: FMG)	$21.12	2.33%
TELIX Pharmaceuticals Ltd (ASX: TLX)	$8.35	2.20%
Zimplats Holdings Ltd (ASX: ZIM)	$24.49	2.08%
Incitec Pivot Ltd (ASX: IPL)	$3.44	2.05%
AGL Energy Ltd (ASX: AGL)	$6.96	2.01%
Virgin Money UK PLC (ASX: VUK)	$3.55	1.82%
Zip Co Ltd (ASX: Z1P)	$3.92	1.79%

Our top 10 ASX shares today countdown is a recurring end-of-day summary to ensure you know which companies were making big moves on the day. Check-in at Fool.com.au after the market has closed during weekdays to see which stocks make the countdown.

The post Here are the top 10 ASX shares today appeared first on The Motley Fool Australia.

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Motley Fool contributor Mitchell Lawler has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended ZIPCOLTD 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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The Motley Fool Australia’s chief investment officer (CIO), Scott Phillips recently shared his top five ASX shares for 2022 recently. These potential investment opportunities are different in what they offer, though all of them have made their way onto Phillips’ radar.

In discussion with Gemma Dale of the National Australia Bank Ltd. (ASX: NAB), Phillips provided an overview of each ASX opportunity. This followed an earlier conversation about an ASX share that The Motley Fool’s CIO plans to hold forever.

Let’s take a closer look at each of the potential investments mentioned.

5 ASX shares catching Scott Phillips’ eye in 2022

Adore Beauty Group Ltd (ASX: ABY)

The first ASX share making Phillips’ top five is Adore Beauty — an online retailer of beauty and skincare products. While the company’s share price might be down 19% in the last year, the astute investor explained why the business looks attractive.

Phillips said:

They have done a really fantastic job in providing a great website; a really good community; a really fantastic customer service experience, including the fabled Tim Tam in every order… It’s a company that has been going from strength to strength.

Recently, analysts over at UBS put a price target of $6 on Adore Beauty shares. This would suggest a potential upside of 39.5% from today’s current price.

Kogan.com Ltd (ASX: KGN)

Another beaten-down ASX share found itself among Phillips’ recent pick of the bunch for 2022. The Australian and New Zealand e-commerce competitor has plummeted 58% over a rough 12-month stretch for online retail. Investors have shied away from Kogan since the COVID-19 vaccine’s approval.

Commenting on the potential inside Kogan shares, Scott Phillips noted:

A little bit like Adore, Kogan has been growing top-line sales at 20 to 30 percent per annum for years and years. The challenger for shareholders right now is: even at the current share price, if it can keep growing those sales at even a moderately similar rate for a small to medium amount of time, these shares in my view are cheap.

For reference, Credit Suisse currently holds a ‘buy’ rating on the Kogan share price. Likewise, the broker has a $13.88 price target on this ASX share. At the time of writing, the e-commerce company is going for $8.24 per share.

Betashares Nasdaq 100 ETF (ASX: NDQ)

Switching it up, the Nasdaq 100 exchange-traded fund (ETF) made its way into Phillips’ top five picks. While it may not be an ASX share, per se, it is an investment listed on the ASX nonetheless. Another difference is the fact that this pick provides exposure to companies in the United States — specifically the top 100 in the Nasdaq index.

I think the Nasdaq ETF is a really, really great way to get one-click access to massive numbers of great US businesses with really bright futures. You get all of that diversification benefit for free.

Unlike the first two opportunities, the Nasdaq 100 ETF is positive when looking at its performance over the past year. Investors of this ETF have captured a 24.8% return if they have stuck it out for the last 12 months.

NIB Holdings Limited (ASX: NHF)

Another ASX share in the green on the list is the private health insurer, NIB Holdings. This company has managed to cut through the volatility and give shareholders a solid 20.9% return during the year gone by. Although Phillips admits that NIB operates in a tough industry, he still sees reason to potentially pick up a parcel in this company.

Notably, the chief investment officer highlights that NIB has gradually been chipping away at the market share of its peers.

In addition, the insurer has been acquiring a string of insurance providers that operate in industries that are less regulated. For example, travel insurance and insurance for incoming students for study.

Treasury Wine Estates Ltd (ASX: TWE)

Finally, the last ASX share squeezing its way into the top five picks for 2022 is Treasury Wine Estates. This is a global winemaking and distribution business, boasting renowned labels including Penfolds, Wolf Blass, and 19 Crimes.

Out of all the investment opportunities on this list, Treasury Wines has performed the best in the last year — rising 34% — despite impacts from China tariffs on the Australian winemaker.

In explaining the case for this company, Phillips said:

I think Treasury is doing a really good job of executing on a difficult business in a very clever way. I think the shares are not super-cheap right now. But I think you’re getting a really high-quality business, super recognisable brands, and great brand value in those brands

Lastly, Citi has a price target of $13.80 on Treasury Wine Estates.

The post Here are Scott Phillips’ top 5 ASX shares for 2022. Is it time to buy? appeared first on The Motley Fool Australia.

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• Own NIB (ASX:NHF) shares? Here are the key dates for your investor diary in 2022
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• What brokers are saying about the Treasury Wine (ASX:TWE) share price

Motley Fool contributor Mitchell Lawler owns shares in Kogan.com ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended BETANASDAQ ETF UNITS and Kogan.com ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Adore Beauty Group Limited. The Motley Fool Australia owns and has recommended BETANASDAQ ETF UNITS and Kogan.com ltd. The Motley Fool Australia has recommended Adore Beauty Group Limited, NIB Holdings Limited, and Treasury Wine Estates 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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Investors that are looking to make long term buy and hold investments might want to consider the exchange traded funds (ETFs) listed below.

These two ETFs are among the most popular on the share market and for good reason. Here’s what you need to know about them:

BetaShares NASDAQ 100 ETF (ASX: NDQ)

The first ETF to look at is the BetaShares NASDAQ 100 ETF. It aims to track the performance of the NASDAQ 100 Index before fees and expenses. This index comprises 100 of the largest non-financial companies listed on Wall Street’s NASDAQ stock exchange.

This means that you’ll be buying many of the tech companies that are at the forefront of the new economy. BetaShares highlights that this area of the market is underrepresented on the Australian share market. As a result, it feels the ETF could benefit investors that already have large exposure to banks and mining shares and little exposure to technology.

Among the companies you’ll be buying a slice of are global giants Alphabet (Google), Amazon, Apple, Meta (Facebook), Microsoft, Netflix, Nvidia, and Tesla.

The BetaShares NASDAQ 100 ETF has provided investors with a return of 27.7% over the last five years. This would have turned a $10,000 investment into ~$34,000.

Vanguard MSCI Index International Shares ETF (ASX: VGS)

Another ETF to look at is the Vanguard MSCI Index International Shares ETF. This ETF provides investors with exposure to ~1,500 of the world’s largest listed companies from major developed countries.

Vanguard believes this ETF would be suitable for buy and hold investors that are seeking long-term capital growth, some income, and international diversification. This is because it provides exposure to a broadly diversified range of securities that allow investors to benefit from the global economy’s long term growth.

Among the companies included in the fund are behemoths such as Apple, Johnson & Johnson, JP Morgan, Mastercard, Nestle, Procter & Gamble, and Visa.

The Vanguard MSCI Index International Shares ETF has generated a total return of almost 15.2% per annum over the last five years. This would have turned a $10,000 investment into over $20,000.

The post 2 excellent ETFs for ASX investors to buy and hold appeared first on The Motley Fool Australia.

More reading

• 3 ASX ETFs for smart investors in 2022
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• Are these 2 strong ASX growth shares to 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. owns and has recommended BETANASDAQ ETF UNITS and Vanguard MSCI Index International Shares ETF. The Motley Fool Australia owns and has recommended BETANASDAQ ETF UNITS. The Motley Fool Australia has recommended Vanguard MSCI Index International Shares 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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