Bell Potter names 9 ‘champion’ ASX 200 shares to buy for the next five years

If you’re a fan of buy and hold investing, then you may want to read on.

That’s because Bell Potter has just released its “champion stocks” list.

The broker explained that these are the ASX shares that the broker believes would be great long term options for investors.

Furthermore, for these quality shares, the broker is “not particularly concerned about the current year’s investment arithmetic or the analyst’s twelve month buy-hold-sell rating.” It explained:

“These Champion Stocks all have a long term positive thematic, which should drive superior earnings growth and shareholder value over the coming years, notwithstanding inevitable disruptions in the economic and investment environment such as COVID-19 as well as some corporate stumbles from time to time.”

Which ASX shares does Bell Potter rate as champions?

Bell Potter has a total of nine ASX shares on its champion stocks list. They are as follows:

• Amcor PLC (ASX: AMC)
• Brambles Limited (ASX: BXB)
• Challenger Ltd (ASX: CGF)
• CSL Limited (ASX: CSL)
• Goodman Group (ASX: GMG)
• Lendlease Group (ASX: LLC)
• Netwealth Group Ltd (ASX: NWL)
• Sonic Healthcare Limited (ASX: SHL)
• Transurban Group (ASX: TCL)

Here’s what Bell Potter is saying about a couple of its picks:

The broker believes Netwealth is well-placed to benefit from structural changes in the wealth management industry. It said:

A specialist investment platform technology provider in Australia that offers investment management solutions to financial intermediaries, who provide financial advice on superannuation and other investments, and self-directed individuals who have chosen not to seek advice. In recent years, the group has been taking market share from the institutional platform providers such as the major banks and other large diversified financial companies. Looking forward, a structural shift within the wealth management sector from large vertically integrated players towards the more independent players should further boost the group’s growth outlook.

As for Transurban, the broker highlights:

Australia’s largest builder, owner and operator of urban toll road networks. The group also has toll road assets in North America. The group’s current pipeline of growth projects is $3.1 billion (TCL’s share of total project cost) and further huge development opportunities are expected over the next few decades supported by population and economic growth.

The post Bell Potter names 9 ‘champion’ ASX 200 shares to buy for the next five years 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 positions in and has recommended CSL Ltd. and Netwealth. The Motley Fool Australia has positions in and has recommended Amcor Limited and Netwealth. The Motley Fool Australia has recommended Challenger Limited and Sonic Healthcare 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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