There are a good number of ASX tech shares to choose from on the Australian share market.

Three that come highly rated are listed below. Here’s why these tech shares are being tipped as buys right now:

Altium Limited (ASX: ALU)

Altium is a leading printed circuit board design software provider. It could be a top tech share for investors due to its strong long term growth potential thanks to its exposure to the rapidly growing Internet of Things and artificial intelligence markets. These are driving increasing demand for its Altium Designer and Altium 365 software and also its other businesses such as the Octopart search engine.

Bell Potter is very positive on Altium and has a buy rating and $34.00 price target on the company’s shares.

Life360 Inc (ASX: 360)

Another ASX tech share to look at is Life360. It operates in the digital consumer subscription services market with a focus on products and services for digitally native families. At present, there are 30 million+ monthly active users of its app, which is generating stellar recurring revenue growth. But management isn’t settling for that. It is aiming to monetise its user base further through cross and upselling opportunities and acquisitions.

Bell Potter is also very bullish on Life360. It has a buy rating and $7.50 price target on the company’s shares.

Xero Limited (ASX: XRO)

A final ASX tech share to look at is Xero. It is a provider of a cloud-based business and accounting solution. It has been growing strongly over the last few years and looks well-positioned to continue doing so in the years to come. This is thanks to its international expansion, the shift to the cloud, and its burgeoning app ecosystem. The latter, which is similar to Apple’s App Store, has significant monetisation potential according to analysts at Goldman Sachs.

It is partly for this reason that Goldman is so positive on Xero and believes it is capable of delivering strong revenue growth over multiple decades. Goldman has a buy rating and $113.00 price target on its shares.

The post 3 fantastic ASX tech shares experts say are buys appeared first on The Motley Fool Australia.

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More reading

• Own Altium shares? Here’s what to expect from its FY22 results
• The Life360 share price has rocketed 69% in a month. Is it too late to buy?
• Here are the top 10 ASX shares today
• ASX 200 midday update: Megaport rockets, Allkem’s update, tech shares rally
• Xero share price rises 8%: Can it keep climbing?

Motley Fool contributor James Mickleboro has positions in Life360, Inc. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Altium, Life360, Inc., and Xero. The Motley Fool Australia has positions in and has recommended Xero. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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If you’re looking for income, then the ASX 200 could be a great place to start. The benchmark index is filled with quality companies that share a good portion of their profits with shareholders.

Two that have been tipped as buys recently are listed below. Here’s what you need to know about these dividend shares:

South32 Ltd (ASX: S32)

The first ASX 200 dividend share to consider is South32. It is a diversified mining and metals company producing alumina, aluminium, bauxite, copper, energy and metallurgical coal, lead, manganese, nickel, silver, and zinc.

Thanks to strong demand and favourable prices for its products, analysts are tipping South32 to generate significant free cash flow over the coming years.

So much so, the team at Citi is forecasting very big dividends in the coming years. For example, it expects a 38 cents per share dividend in FY 2022 and then a 40 cents per share dividend in FY 2023. Based on the current South32 share price, this will mean yields of over 10% in both years.

Citi has a buy rating and $5.50 price target on the company’s shares.

Telstra Corporation Ltd (ASX: TLS)

Another ASX 200 dividend share to consider is Telstra. Thanks to the successful execution of its T22 strategy and the upcoming T25 strategy, it is expecting to return to growth at long last in the near future.

For example, Telstra’s CEO, Andrew Penn, highlighted that T22 was based on transforming the company, whereas T25 will be about driving growth. He is targeting high-teens underlying earnings per share compound annual growth rates from FY 2021 to FY 2025.

Morgans remains positive on Telstra and continues to forecast fully franked 16 cents per share dividends in FY 2022 and FY 2023. Based on the latest Telstra share price, this will mean 4% yields for investors.

The broker also sees plenty of upside for its shares with its add rating and a $4.56 price target.

The post Analysts name 2 top ASX 200 dividend shares to buy appeared first on The Motley Fool Australia.

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More reading

• Here are the 3 most heavily traded ASX 200 shares on Wednesday
• Are Telstra shares still worth holding for dividend income today?
• ‘We have clearly seen the peak’: Sector veteran gives earnings season warning for ASX mining shares
• Here are the 3 most heavily traded ASX 200 shares on Tuesday
• Can the South32 share price bounce back in FY23?

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 owns and has recommended Telstra Corporation 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 BrainChip Holdings Ltd (ASX: BRN) share price soared again today, leaping a further 6.64%.

Brainchip shares have jumped 39% from 86.5 cents at market close on Friday to $1.205 at market close at the close of today’s trade.

Let’s take a look at why BrainChip has had such a good week.

What’s going on?

Brainchip shares have soared this week despite no news out of the company. However, the technology sector has been surging this week.

The S&P ASX All Technology (ASX: XTX) index has lifted 7.88% since market close on Friday. Life360 Inc (ASX: 360) shares have stormed nearly 22.22% in the same time frame, while the Novonix Ltd (ASX: NVX) share price has soared 23.27%.

This follows heavy gains on the United States NASDAQ Composite Index in the past week. The NASDAQ has lifted nearly 8% in the past five trading days.

In the United States, the US passed CHIPS Act legislation this week providing $50 billion in subsidies for computer chip manufacturing, CBS reported.

Brainchip is a global artificial intelligence (AI) chip maker with a presence in the USA, France, Australia and India.

A report cited by Globe Newswire on Monday suggested the artificial intelligence (AI) market could be worth US$133.8 billion by 2030.

Technology shares have lifted globally this week amid technology earnings reports beating market expectations, the Wall Street Journal reported.

Commenting on the performance of technology shares, B. Riley, FBR Inc chief market strategist Art Hogan said:

Technology and consumer services have been some of the most beaten-down segments of the market. Now risk appetite is coming into those areas.

Brainchip share price snapshot

The Brainchip share price has exploded nearly 162% in the past year, while it has surged 77% year to date.

Brainchip has a market capitalisation of nearly $2.1 billion based on the current share price.

The post BrainChip share price leaps again, up 40% this week appeared first on The Motley Fool Australia.

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More reading

• Why is the BrainChip share price storming 9% higher?
• Why did the BrainChip Holdings share price leap 14% on Monday?
• Here’s a look at the 5 best ASX All Ords tech shares in FY22
• How Brainchip shares gained 63% in a year when tech stocks nosedived
• Why did the BrainChip share price crash 30% in June?

Motley Fool contributor Monica O’Shea 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 Scott Phillips.

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The Lottery Corporation Ltd (ASX: TLC) share price has been able to dodge the worst of falling markets so far this year. Although, the question is: will that hold true after presenting some numbers?

That time of the year when we get an updated look at the financials of ASX-listed companies is fast approaching. For the Lottery Corp, this day is expected to arrive on 24 August — with the lottery business slated to post its maiden full-year results as a standalone company.

In the meantime, investors looking to allocate capital will be attempting to evaluate whether Lottery Corp shares are worth their time. For those eager individuals, there are 34 days between now and the release of results.

Before making a decision, it might be worthwhile looking at what experts are saying about the Lottery Corp share price.

Finding favour among experts

Amid the heightened volatility and global destabilisation, many investors are seeking out predictability. As such, the newly demerged lottery business operating as the aptly named Lottery Corporation is finding a home among defensive investors.

As my colleague Tony Yoo covered, Morgans senior analyst Alexander Mees forecasts a steady performance in the upcoming results. According to the analyst, the company’s earnings before interest, tax, depreciation, and amortisation (EBITDA) could increase by 13% to $691 million.

In the light of the positive expectations, the Morgans team has assigned an ‘add’ rating to the Lottery Corp share price.

Another market commentator shining an optimistic light on Lottery Corp shares is Shaw and Partners senior investment adviser Adam Dawes. In a recent interview, Dawes discussed the potential for the company to receive a takeover bid.

According to Dawes, the Star Entertainment Group Ltd (ASX: SGR) might find the value proposition within the Lottery Corp attractive. However, the adviser caveated this statement, saying that is merely speculation at this stage.

How has the Lottery Corp share price performed?

Shares in Lottery Corp have weakened by approximately 4.7% since listing in May this year. However, the S&P/ASX 200 Index (ASX: XJO) is also down 4.7% over the same time frame.

The company currently holds a market capitalisation of $9.9 billion, giving it a price-to-earnings (P/E) ratio of approximately 43 times based on its 12-month trailing earnings at the end of December 2021.

The post Is the Lottery Corp share price a buy ahead of earnings season? appeared first on The Motley Fool Australia.

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More reading

• 2 ASX shares that could be takeover targets: expert
• Players gonna play: 3 ASX shares set for a strong reporting season
• How many global mega deals involved ASX 200 shares in the first half of 2022?
• Here are the top 10 ASX shares today

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. 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 Scott Phillips.

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