Day: September 17, 2022

2 blue chip ASX 200 shares to boost your portfolio: experts

a man sits back from his laptop computer with both hands behind his head feeling happy to see the Brambles share price moving significantly higher today

a man sits back from his laptop computer with both hands behind his head feeling happy to see the Brambles share price moving significantly higher today

The Australian share market certainly is not short of blue chips. But which ones should you buy over others?

To help narrow things down, listed below are two top blue chip ASX 200 shares that are rated as buys by experts. They are as follows:

CSL Limited (ASX: CSL)

The first blue chip ASX 200 share to consider is CSL. It is one of the world’s leading biotechnology companies and the name behind the CSL Behring and Seqirus businesses. CSL Behring is the global leader in a plasma therapies industry, whereas Seqirus is the number two player in the global influenza vaccines industry.

CSL has also just completed the acquisition of Vifor Pharma. This business, now known as CSL Vifor, is the global specialty pharmaceutical leader in iron deficiency, nephrology (kidney care), and cardio-renal therapies.

All three businesses appear well-placed for growth over the long term thanks to their high quality products and lucrative research and development pipelines. In addition, improving plasma collection conditions should be a boost to the company’s margins in the near term.

Citi is positive on CSL and currently has a buy rating and $340.00 price target on its shares.

Goodman Group (ASX: GMG)

Another blue chip ASX 200 share that has been tipped as a buy is Goodman Group.

It is a leading integrated commercial and industrial property company with a portfolio of high quality properties. Many of these properties have exposure to key growth markets such as ecommerce and logistics where demand is particularly strong. This has underpinned stellar earnings growth in recent years.

The team at Goldman Sachs believes that this strong form can continue thanks to “a number of favourable fundamentals underpinning future long-term demand for industrial space.” For example, it expects this to lead to operating earnings per share growth of ~17% in FY 2023.

Goldman has a buy rating and $25.40 price target on its shares.

The post 2 blue chip ASX 200 shares to boost your portfolio: experts appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.* Scott just revealed what he believes could be the “five best ASX stocks” for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now

See The 5 Stocks
*Returns as of September 1 2022

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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 positions in 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 Scott Phillips.

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Broker names 2 top ASX shares to buy

A female broker in a red jacket whispers in the ear of a man who has a surprised look on his face as she explains which two ASX 200 shares should do well in today's volatile climate

A female broker in a red jacket whispers in the ear of a man who has a surprised look on his face as she explains which two ASX 200 shares should do well in today's volatile climate

The team at Morgans has recently named a number of shares that it rates highly.

Two that get the tick of approval are listed below. Here’s why its analysts have named these ASX shares as buys:

Lovisa Holdings Ltd (ASX: LOV)

This fashion jewellery retailer could be an ASX share to buy according to Morgans. It believes the company has huge growth potential thanks to its global expansion plans and strong position in an underserved niche.

Morgans currently has an add rating and $24.50 price target on the company’s shares. It commented:

LOV has a substantial multi-year global rollout opportunity across four continents. This opportunity has been materially boosted by the acquisition last year of beeline, which took LOV into several new European markets (notably Germany) and accelerated its expansion in France. We think LOV’s products fill an underserved niche, offering good quality fashion jewellery at prices that are attainable to the target demographic. The recent appointment of Victor Herrero as CEO, replacing Shane Fallscheer, provides a clue as to the extent of LOV’s global ambition, and its impatience to realise that ambition. The next few years will be worth watching.

NextDC Ltd (ASX: NXT)

Another ASX share that the broker is bullish on is data centre operator NextDC. Thanks to strong and growing demand for data centre capacity and its expanding network of world class centres, the broker is tipping NextDC to grow strongly in the coming years.

Morgans has an add rating and $13.30 price target on the company’s shares. It commented:

NXT should deliver a strong result at the upper end of guidance. Structural demand for cloud and colocation remains incredibly strong. NXT’s new S3 and M3 data centres go live shortly and this should result in significant new customer wins over the next six months (including CSP options being exercised). Sales should drive the share price higher. NXT looks comfortably on-track to generate over $300m of EBITDA in the next three to five years.

The post Broker names 2 top ASX shares to buy appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.* Scott just revealed what he believes could be the “five best ASX stocks” for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now

See The 5 Stocks
*Returns as of September 1 2022

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Motley Fool contributor James Mickleboro has positions in NEXTDC Limited. 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 Lovisa Holdings Ltd. 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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2 exciting small cap ASX shares analysts rate highly

A couple stares at the tv in shock, one holding the remote up ready to press.

A couple stares at the tv in shock, one holding the remote up ready to press.

If you have a penchant for investing in small cap shares, then you might want to look at the three listed below.

Here’s why these are highly rated by analysts right now:

Audinate Group Limited (ASX: AD8)

The first small cap ASX share for investors to look at this week is Audinate.

It is the leading digital audio-visual networking technologies provider behind the Dante audio over IP networking solution.

The company highlights that this solution is the worldwide leader and used extensively in the professional live sound, commercial installation, broadcast, public address, and recording industries. Dante can replace traditional analogue cables by transmitting perfectly synchronised AV signals across large distances to multiple locations at once, using just an ethernet cable.

UBS is a big fan of the company. Last month, the broker put a buy rating and $10.20 price target on Audinate’s shares. This implies potential upside of over 20% for investors from current levels.

Bigtincan Holdings Ltd (ASX: BTH)

Another small cap ASX share for investors to look at this weekend is Bigtincan.

It is a growing provider of enterprise mobility software to sales and service organisations. This AI-powered sales enablement automation platform is designed to allow sales representatives to more effectively engage with customers.

It appears to work well judging by its growing customer base, which includes the likes of Nike, Guess, Prudential, and Starwood Hotels, and strong annual recurring revenue growth. The latter grew 126% to $120.1 million in FY 2022.

Morgan Stanley remains very positive on the company’s outlook and is expect further strong growth in FY 2023. So much so, it currently has an overweight rating and $1.15 price target on its shares. This is more than double its current share price.

The post 2 exciting small cap ASX shares analysts rate highly appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.* Scott just revealed what he believes could be the “five best ASX stocks” for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now

See The 5 Stocks
*Returns as of September 1 2022

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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 positions in and has recommended AUDINATEGL FPO and BIGTINCAN FPO. The Motley Fool Australia has positions in and has recommended AUDINATEGL FPO and BIGTINCAN FPO. 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 I had to own only one ASX 200 share forever, this would be it

A beautiful ocean vista is shown with a woman whose back is to the camera holding her arms up in triumph as she stands at the top of a rock feeling thrilled that ASX 200 shares are reaching multi-year high prices today

A beautiful ocean vista is shown with a woman whose back is to the camera holding her arms up in triumph as she stands at the top of a rock feeling thrilled that ASX 200 shares are reaching multi-year high prices today

Choosing one ASX 200 share to hold forever is a big task. As we preach here at The Motley Fool, it’s never a good idea to confine your investment portfolio to just one share. There’s a lot of risk that comes with that. Not to mention forfeiting the famous ‘only free lunch of investing’, diversification.

But that doesn’t mean it’s not a constructive exercise. After all, the legendary investor Warren Buffett once offered this sage piece of advice:

I could improve your ultimate financial welfare by giving you a ticket with only 20 slots in it, so that you had 20 punches — representing all the investments that you got to make in a lifetime.

And once you’d punch through the card, you couldn’t make any more investments at all… you’d really have to think carefully about what you did, and you’d be forced to load up on what you really think about. So you’d do much better.

So what would be the one ASX share I would choose if I was given a ‘ticket with only one slot’?

Well, it would be a share I already happen to own: Washington H Soul Pattinson and Co Ltd (ASX: SOL).

Why I think Soul Patts is an ASX 200 forever share

This is for two compelling reasons. the first is this is a company that is more diversified than most. Soul Patts has a long history, having first opened up shop back in the 19th century. But these days, it is a long way from its pharmacy-running roots. It arguably functions more like a listed investment company (LIC) or a managed fund these days.

Soul Patts owns chunks of a variety of other ASX shares These include New Hope Corporation Limited (ASX: NHC) and TPG Telecom Ltd (ASX: TPG). As well as Brickworks Ltd (ASX: BKW) and Tuas Ltd (ASX: TUA).

So we have a coal miner, two telcos and a construction materials company. Already we see that Soul Patts has a highly diversified earnings base.

Adding to that is the massive portfolio of blue-chip ASX shares that Soul Patts acquired last year when it bought the old Milton Corporation.

It also has a burgeoning portfolio of unlisted assets too. These include Round Oak Metals, Ampcontrol, Aquatic Achievers Swim Schools and Ironbark Asset Management. Soul Patts also actively invests in pre-IPO emerging companies.

As such, I consider this share to be extremely well diversified. This makes up for the problematic situation of only owning one business.

Growth and dividends?

The second reason is this company’s long history of delivering for its shareholders. Since its founding, Soul Patts has proudly been run by the same family, which has significant skin in the game to boot.

But let’s get to the numbers.

So according to the company’s last half-year financial report, which was dropped back in January, Soul Patts investors have enjoyed total shareholders returns amounting to an average of 11% per annum over the past 15 years. That rises to 13% per annum over the past 20. Those returns smash the returns of the broader market.

Soul Patts is also the only ASX share that has rewarded its investors with an annual dividend pay rise every single year since 2000. The dividends typically come fully franked too.

So all in all, I think Soul Patts is a hands-down winner. As such, it would be my first and only pick if I was confined to just one ASX share for time immemorial.

The post If I had to own only one ASX 200 share forever, this would be it appeared first on The Motley Fool Australia.

Should you invest $1,000 in Washington H. Soul Pattinson And Company Limited right now?

Before you consider Washington H. Soul Pattinson And Company Limited, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Washington H. Soul Pattinson And Company Limited wasn’t one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

See The 5 Stocks
*Returns as of September 1 2022

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Motley Fool contributor Sebastian Bowen has positions in Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Brickworks and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has positions in and has recommended Brickworks and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended TPG Telecom Limited. 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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