With the ASX 200 index up over 7% already in 2023, it looks like we could soon be entering a bull market.

This could make it an opportune time for investors to look at making some investments before the market takes off.

But which ASX shares would be top options to buy before the bull charges through the door?

3 ASX shares I would buy

If I were going to load up on some ASX shares for a potential bull market, I would look at those which have good operational momentum and positive long-term outlooks, but an underperforming share price.

One ASX share that immediately comes to mind is Temple & Webster Group Ltd (ASX: TPW). Its shares have been punished over the last 12 months and are down almost by a third.

That’s despite the online furniture and homewares retailer growing strongly and having an enviable leadership position in a retail category that is still in the early days of shifting online. Furthermore, with this category having relatively high barriers to entry, it appears well-placed to remain a leader in the future.

In fact, it is for this reason that Goldman Sachs is forecasting Temple & Webster’s earnings before interest, tax, depreciation and amortisation (EBITDA) to grow by a compound annual growth rate (CAGR) of 22% over the next 10 years.

Coffee to the rescue

Another ASX share that I would buy ahead of the bull market is Breville Group Ltd (ASX: BRG). This leading appliance manufacturer’s shares are down 20% over the last 12 months.

And while a slowing housing market and the cost of living crisis could put pressure on demand for appliances, Breville’s exposure to the growing coffee market could offset this. In fact, a recent update from rival De’Longhi appears supportive of this.

In addition, management has the option to rein in its spending on research and development if it wants to trim costs and support its earnings.

A beaten down tech star

Finally, I think Life360 Inc (ASX: 360) could be an ASX share to buy. This location technology company’s shares fell heavily last year when the market sold off unprofitable tech shares.

But with Life360 growing at a rapid rate and expecting to become profitable later this year, I believe a re-rating could happen when this milestone is achieved.

Another reason to be positive is the company’s huge market opportunity. In FY2022, Life360 is expecting to report revenue in the range of US$225 million to US$240 million. This compares to its total addressable market estimated by Goldman Sachs to be US$12 billion globally.

Overall, I believe including these three ASX shares in a balanced portfolio could deliver solid results for investors when the bull market comes.

The post A new bull market is coming: 3 ASX shares I’d load up on before it gets here appeared first on The Motley Fool Australia.

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More reading

• Goldman reveals the ASX shares that could surprise to the upside (and downside) this reporting season
• Goldman Sachs names 2 exciting small cap ASX tech shares to buy right now
• 2 explosive ASX growth shares to buy now: Goldman Sachs
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• Forget lithium! I’m using the Warren Buffett method to help find winning ASX shares in 2023

Motley Fool contributor James Mickleboro has positions in Life360. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Life360 and Temple & Webster Group. The Motley Fool Australia has recommended Temple & Webster Group. 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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Morgans has been busy picking out the best shares to buy this month.

If ASX dividend shares are what you’re looking for, then you may want to check out the two listed below.

Here’s what its analysts are saying about these dividend shares:

Dalrymple Bay Infrastructure Ltd (ASX: DBI)

Morgans has this coal terminal operator on its best ideas list and has an add rating and $2.67 price target on its shares. It believes its strong market position will allow the company to pay some big dividends in the near term.

For example, in FY 2023, the broker is forecasting a 21 cents per share dividend. This represents a sizeable 8.4% dividend yield at current levels. The broker commented:

DBI holds the 99 year lease to the 85 Mtpa Dalrymple Bay Coal Terminal, of which c.80% of throughput is metallurgical coal (used in steelmaking). DBCT offers the cheapest export route-to-market for users within its Bowen Basin catchment region. DBCT is fully contracted from 2023 to 2028. Following the successful outcome to its customer tariff negotiations, DBI should be able to deliver resilient, inflation-linked, and very high margin revenues and has provided distribution guidance that implies c.8% cash yield growing at 3-7% pa.

Santos Ltd (ASX: STO)

Another ASX dividend share to buy according to Morgans is Santos. It believes the energy producer is well-placed thanks to its diversified earnings and resilient growth profile. The broker has an add rating and $8.75 price target.

As for dividends, it is expecting Santos to reward its shareholders with a 40.4 cents per share dividend in FY 2023. This equates to a 5.8% dividend yield for investors. Morgans said:

The resilience of STO’s growth profile and diversified earnings base see it well placed to outperform against the backdrop of a broader sector recovery. While pre-FEED, we see Dorado as likely to provide attractive growth for STO, while its recent acquisition increasing its stake in Darwin LNG has increased our confidence in Barossa’s development. PNG growth meanwhile remains a riskier proposition, with the government adamant it will keep a larger share of economic rents while operator Exxon has significantly deferred growth plans across its global portfolio.

The post Morgans names 2 high yield ASX dividend shares to buy this month appeared first on The Motley Fool Australia.

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More reading

• 5 things to watch on the ASX 200 on Thursday
• 5 things to watch on the ASX 200 on Wednesday
• Worried about where ASX 200 oil stocks are heading? Read this
• 5 things to watch on the ASX 200 on Tuesday
• Investing in ASX 200 energy shares? Here’s why the oil price may already have hit its 2023 lows

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 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 S&P/ASX 200 Index (ASX: XJO) roared into the weekend today, surging 0.62% to finish at 7,558.1 points. That sees it within 1% of its all-time high and marks a 0.86% week-on-week gain.

Its gains came despite a poor performance from mining shares. The S&P/ASX 200 Materials Index (ASX: XMJ) tumbled 1.4% on Friday after iron ore futures slumped 0.9% overnight and gold futures dropped 0.6%.

Fortunately, it was the only sector to trade in the red today.

Leading the market’s gains was the S&P/ASX 200 Healthcare Index (ASX: XHJ) and the S&P/ASX 200 Real Estate Index (ASX: XRE) – rising 2.5% and 2.4% respectively.

Meanwhile, the S&P/ASX 200 Information Technology Index (ASX: XIJ) followed the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) higher, lifting 0.6% following the Wall Street index’s 3.2% overnight gain.

But with nearly all sectors trading higher today, which ASX 200 shares outperformed all others? Let’s take a look.

Top 10 ASX 200 shares countdown

The biggest gainer on the ASX 200 today was Pinnacle Investment Management Group Ltd (ASX: PNI).

There was no news from the investment management company today. However, its stock tumbled 2.7% on the back of its first half earnings yesterday.

These shares made today’s biggest gains:

ASX-listed company	Share price	Price change
Pinnacle Investment Management Group Ltd (ASX: PNI)	$10.29	9.58%
BrainChip Holdings Ltd (ASX: BRN)	$0.665	5.56%
HMC Capital Ltd (ASX: HMC)	$5.15	4.89%
Centuria Capital Group (ASX: CNI)	$2.02	4.39%
Mirvac Group (ASX: MGR)	$2.44	4.27%
Growthpoint Properties Australia Ltd (ASX: GOZ)	$3.50	4.17%
Perpetual Limited (ASX: PPT)	$26.95	3.93%
Computershare Limited (ASX: CPU)	$24.01	3.8%
News Corp (ASX: NWS)	$30.27	3.66%
Nine Entertainment Co Holdings Ltd (ASX: NEC)	$2.17	3.33%

Our top 10 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

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More reading

• Why Appen, Janus Henderson, Lithium Energy, and Pinnacle shares are charging higher
• 3 ASX All Ords shares rocketing 10% or more today
• ASX 200 stock Pinnacle dives 7% on earnings miss
• Why QBE, Pinnacle, Rio Tinto, and Virgin Money shares are dropping
• Why Appen, Gold Road, Healius, and Pinnacle shares are dropping today

Motley Fool contributor Brooke Cooper 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 Pinnacle Investment Management Group. The Motley Fool Australia has positions in and has recommended Pinnacle Investment Management Group. The Motley Fool Australia has recommended Nine Entertainment. 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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Finding safe ASX 200 dividend stocks on the ASX is something of a Holy Grail for ASX income investors. We all know that dividend shares on the S&P/ASX 200 Index (ASX: XJO) can provide a yield that is higher than what cash investments can offer.

But a dividend share fundamentally lacks the safety that a term deposit or a savings account can offer. No ASX share can offer true safety of income.

But let’s see how close we can get to true safety by checking out three of the most consistent dividend payers the ASX has to offer.

3 of the safest ASX dividend stocks in Australia

Washington H Soul Pattinson and Co Ltd (ASX: SOL)

Washington H. Soul Pattinson, or Soul Patts for short, was always going to make this list. That’s by virtue of its unrivalled dividend track record on the ASX. This diversified investment company has increased its annual dividend payments every single year since 2000.

Yes, through the dot-com bust, the global financial crisis, and more recently, the COVID pandemic.

No other ASX share can even come close to matching this record, making this company one of ASX’s safest dividend stocks. Soul Patts shares offer a fully franked dividend yield of 2.5% at recent pricing.

Brickworks Limited (ASX: BKW)

ASX 200 construction materials company Brickworks is another ASX dividend stock to consider if you’re searching for safe income. Brickworks has a diversified earnings base, consisting primarily of its business of selling bricks and other construction supplies. But Brickworks also has a burgeoning property portfolio, as well as significant investments in other shares, namely Soul Patts by coincidence.

This has enabled the company to either maintain or increase its dividend every year for more than four decades. It doesn’t quite have the clockwork-like bonafides of Soul Patts. But it still comes pretty close, making it one of the safest income shares on the market.

Brickworks currently has a fully-franked dividend yield of 2.6% on the table.

Commonwealth Bank of Australia (ASX: CBA)

CBA is one of the ASX 200’s most famous dividend stocks. While it doesn’t quite have the near-flawless dividend track records of the above two shares, I feel it still merits inclusion in this list due to the popularity of the big four ASX bank shares for income investors.

Looking at the other big four members, CBA’s dividend record arguably shines out as one of the most impressive. Between 2009 and 2019, CBA raised its annual dividend every year, with the exception of the 2016 dividend, which was flat at 2015’s levels.

CBA’s payouts took a big hit during the COVID-ravaged 2020. But its dividends have been building back with a vengeance, with the bank giving investors big dividend hikes in both 2021 and 2022.

Last year, CBA doled out a total of $3.85 in fully-franked dividends per share, giving CBA a trailing yield of 3.46% today.

The post 3 of the safest ASX 200 dividend stocks in Australia appeared first on The Motley Fool Australia.

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More reading

• Investing in ASX 200 dividend shares? Here’s what to look for in 2023: fund manager
• ASX 200 investors are selling off CBA shares! What should I do?
• Can these next-gen dividend heroes provide a passive income for life?
• Top ASX dividend shares to buy in February 2023
• 5 ASX 200 shares smashing new 52-week highs on Wednesday

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 has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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