Are you interested in adding some ASX growth shares to your portfolio this month? If you are, you may want to look at the ones listed below.

Both shares have been named as buys and tipped to climb materially higher from current levels. Here’s what you need to know about these growth shares:

Breville Group Ltd (ASX: BRG)

The first ASX growth share to look at is Breville. It is a leading appliance manufacturer which has been successfully expanding its presence globally in recent years.

This, together with the strength of its numerous brands (Breville, Sage, Kambrook, etc) and its investment in research and development, has underpinned solid sales and earnings growth for many years.

Pleasingly, more of the same is expected in the future thanks to these same factors. It is for this reason that the team at Macquarie has an outperform rating and $34.80 price target on its shares. Based on the current Breville share price of $25.18, this suggests that its shares could rise 38% over the next 12 months.

Domino’s Pizza Enterprises Ltd (ASX: DMP)

Another growth share to look at is this pizza chain operator. It could be a top long term option for investors due to its strong brand, investment in technology, and bold expansion plans.

The latter plans see Domino’s aiming to more than double its store network by FY 2033. It has also hinted that it is looking at making acquisitions, which could expand its addressable market even further.

Morgans is very positive on the company’s future and sees recent share price weakness as a buying opportunity. The broker has an add rating and $115.00 price target on its shares. Based on the current Domino’s share price of $80.71, this implies potential upside of 42% for investors.

The post 2 stellar ASX growth shares brokers say have huge upside potential 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. has no position in any of the stocks mentioned. 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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Investors that are looking for some new shares to buy might want to look at the blue chips listed below.

These two blue chip ASX 200 shares have been tipped to climb meaningfully higher from where they trade today. Here’s what you have to know about them:

CSL Limited (ASX: CSL)

The first ASX 200 share for investors to look at is CSL. It is one of the world’s leading biotechnology companies, comprising the CSL Behring and Seqirus businesses.

CSL is also aiming to acquire Vifor Pharma, which will expand its product portfolio and pipeline. Together with its billion-dollar per annum spend on R&D and improving plasma collections, CSL appears well-positioned for long term growth.

The team at Citi is positive on CSL and has a buy rating and $335.00 price target on its shares. Its analysts believe that plasma collections will bounce back beyond pre-pandemic levels this year, which it expects to be a big boost to investor sentiment.

The broker commented: “Over the next six months, we expect the market to focus on the strong underlying plasma market demand, and the closure the Vifor deal, both of which should lead to strength in the share price.”

Goodman Group (ASX: GMG)

Another blue chip ASX 200 share that is highly rated is Goodman. It is a global integrated commercial and industrial property company with a world class property portfolio.

Goodman’s high quality properties have exposure to key growth markets such as ecommerce and are in high demand with tenants. In addition, the company has a development pipeline which looks set to underpin further solid earnings growth in the coming years.

Citi is also positive on Goodman’s future. Its analysts currently have a buy rating and $29.50 price target on its shares. The broker expects Goodman to outperform its upgraded earnings guidance in FY 2022.

Its analysts commented: “We continue to see guidance as conservative, with our EPS estimates rising 5% in FY22 and c. 6% thereafter. We now forecast c. 23% EPS growth in FY22 and c. 19% EPS CAGR from FY21-FY24. Our TP increases 5% on higher asset values and higher earnings. GMG remains OUR top pick in the sector.”

The post 2 of the highest quality ASX 200 shares analysts are tipping 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 CSL Ltd. 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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Experts are always looking for opportunities for investors to buy. ASX shares that have a lot of potential upside could be ideas to consider.

The two companies below are ones that experts think could rise significantly. They are both growing revenue at a double-digit rate and have plans for international growth.

With that in mind, here are two ASX shares that are rated as potential opportunities:

Baby Bunting Group Ltd (ASX: BBN)

Baby Bunting is a retailer of baby products such as prams, furniture, clothes, toys and so on. It has 64 stores and plans for more than 100 stores around Australia in various formats.

In the first half of FY22, Morgan Stanley noted that the company outperformed compared to expectations.

That half-year report showed total sales growth of 10% to $239.1 million, with online sales being 23.8% of sales. The gross profit margin increased 192 basis points to 39.3%. Pro forma net profit after tax (NPAT) increased by 16.4% to $12.5 million. The board increased its interim dividend by 13.8% to 6.6 cents.

The company expects to open its first Baby Bunting store in New Zealand early in the financial year 2023, and plans to open a network of at least 10 stores in the country.

The ASX share’s management is assessing the broader $5.1 billion baby goods market for future long-term growth opportunities, relative to its current $2.5 billion addressable market.

Morgan Stanley currently rates Baby Bunting a buy with a price target of $6.90. That implies a potential upside of around 40%. The Baby Bunting share price is valued at around 21x FY22’s estimated earnings.

Airtasker Ltd (ASX: ART)

Airtasker describes itself as “Australia’s leading online marketplace for local services, connecting people and businesses who need work done with people who want to work”. It says that it has enabled more than $1.7 billion in working opportunities and served more than 1.2 million unique paying customers.

Despite the FY22 first half being impacted by lockdowns in Melbourne and Sydney, the company achieved revenue growth of 10.4% year on year.

The ASX share sees business opportunities in the larger potential markets of the United Kingdom and the United States. Despite starting from a small base, Airtasker is growing quickly in both markets.

In the second quarter of FY22, Airtasker’s US marketplace saw posted task growth of 71% quarter on quarter. So far, the company is focusing on four key cities in the US: Atlanta, Kansas City, Dallas and Miami. However, the company is seeing additional Airtasker marketplaces emerging in ‘non-core cities’.

In the UK, Airtasker’s second-quarter gross marketplace volume (GMV) was up 121% year on year. It’s seeing both demand and supply increase in its marketplace. In the second quarter, posted tasks in the UK increased by 106% year on year.

Airtasker is currently rated as a buy by the broker Morgans, with a price target of $1.25. That implies a possible upside of around 120%. The broker thinks that the company has lots of long-term growth potential.

The post Buy these ASX shares with huge upside: experts appeared first on The Motley Fool Australia.

More reading

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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 recommended Airtasker Limited. The Motley Fool Australia has recommended Baby Bunting. 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 wanting some ASX 200 dividend shares to boost your income, then you may want to check out the two listed below.

Here’s why these dividend shares have been rated as buys recently:

Rio Tinto Limited (ASX: RIO)

The first ASX 200 dividend share to look at is Rio Tinto. This mining giant could be a top option thanks to the huge dividends it is being tipped to pay in the coming years.

This is being underpinned by booming commodity prices. With iron ore, aluminium, and copper prices all trading at sky high levels, Rio Tinto is expected to generate bumper free cash flow again in the near term.

Analysts at Goldman Sachs expect this to lead to Rio Tinto’s shares providing investors with yields in the region of 10% in both FY 2022 and FY 2023.

The broker also sees room for the mining giant’s shares to rise further from here. It has a buy rating and $131.50 price target on the company’s shares.

Super Retail Group Ltd (ASX: SUL)

Another ASX 200 dividend share that could be in the buy zone is Super Retail. It is the retail conglomerate behind the BCF, Macpac, Rebel, and Supercheap Auto brands.

The team at Morgans is very positive on the company and believes its recent share price weakness is a buying opportunity. Particularly with the broker forecasting some very big fully franked dividends in the coming years and significant upside potential for its shares.

Morgans has an add rating and $13.80 price target on its shares. As for dividends, it is expecting fully franked dividends of 59 cents per share in FY 2022 and 61 cents per share in FY 2023. Based on the current Super Retail share price of $10.38, this will mean yields of 5.7% and 5.9%, respectively.

The post 2 ASX 200 dividend shares analysts rate as buys appeared first on The Motley Fool Australia.

More reading

• What drove the Rio Tinto share price higher on Friday?
• 5 things to watch on the ASX 200 on Friday
• ASX 200 commodities players were the major winners in March. Take a look
• What sent ASX mining shares flaming higher in March?
• Analysts name 2 ASX dividend shares with 5%+ yields to buy this week

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 Super Retail Group Limited. The Motley Fool Australia owns and has recommended Super Retail 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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