Are you looking to add some growth shares to your portfolio?
If you are, listed below are two ASX 200 growth shares that analysts are tipping as buys. Hereâs what you need to know about them:
Aristocrat Leisure Limited (ASX: ALL)
The first ASX 200 growth share that has been tipped as a buy is Aristocrat Leisure. It is one of the worldâs leading gaming technology companies.
It owns a portfolio of world class poker machines and a growing digital business. The former continues to win market share thanks to their popularity with casinos and players. Combined with the strong recurring revenues being generated by digital/mobile games such as Raid and its recent expansion into the real money gaming market, Aristocrat has been tipped to continue its solid earnings growth over the coming years.
Citi is positive on the company and notes that âdigital industry bookings have flattened out while Aristocrat continues to outperform.â
As a result, it recently reaffirmed its buy rating and $41.20 price target on its shares.
Treasury Wine Estates Ltd (ASX: TWE)
Another ASX 200 growth share that could be a top option for investors right now is Treasury Wine.
It is one of the world’s leading wine companies with a high quality portfolio of wine brands including Penfolds, 19 Crimes, and Wolf Blass.
After going through a difficult period due to being effectively kicked out of China, Treasury Wine has bounced back strongly. The good news is that analysts at Morgans believe the company’s growth is only just starting. In fact, its analysts are expecting âTWE to deliver double digit earnings growth over 2H23/FY24/FY25.â
The broker has an add rating and $15.05 price target on its shares.
The post 2 stellar ASX 200 growth shares to buy now: analysts appeared first on The Motley Fool Australia.
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More reading
- Leading brokers name 3 ASX shares to buy today
- How to generate passive income the Warren Buffett way with ASX shares
- Why CBA, Corporate Travel Management, Treasury Wine, and Westpac shares are dropping
- Treasury Wine share price sinks 7% despite solid earnings growth
- 3 of the best ASX 200 shares to buy now: broker
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 Treasury Wine Estates. 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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