If you’re a growth investor looking for some new options, then you might want to consider exchange traded funds (ETFs).

There are a number of ETFs out there that allow investors to buy a slice of some high quality growth shares through a single investment.

Two such ETFs that will allow you to achieve this are listed below:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

The first ETF for growth investors to look at is the BetaShares Asia Technology Tigers ETF.

This ETF gives investors exposure to approximately 50 of the most promising tech companies in the Asian market (excluding Japan). Among the fund’s top holdings you will find tigers such as Alibaba, Baidu, Infosys, JD.com, Kuaishou Technology, Meituan Dianping, Pinduoduo, Samsung, Tencent.

In respect to Pinduoduo, it is a leading ecommerce platform that connects distributors with consumers directly through an interactive shopping experience. This allows the latter to team up to buy items in bulk at lower prices. At the last count, the company had a massive 875 million active customers.

BetaShares Global Cybersecurity ETF (ASX: HACK)

Another ETF for growth investors to look at is the BetaShares Global Cybersecurity ETF.

This ETF gives investors exposure to the leading companies in the global cybersecurity sector.

Among the companies you’ll be buying a piece of are Accenture, Cisco, Cloudflare, Crowdstrike, Okta, and Splunk. These all look well-positioned to benefit from the increasing demand for cybersecurity services as cyber attacks increase and more infrastructure moves to the cloud.

In respect to CrowdStrike, it is a provider of incident response and forensic analysis services via its Falcon platform. Its services are designed to help businesses understand whether a breach has occurred. It then allows the user to respond and recover from a breach with speed and precision to remediate the threat.

The post 2 top ETFs for ASX growth investors to buy next week appeared first on The Motley Fool Australia.

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More reading

• 3 excellent ETFs for ASX investors to sink their money into this month
• 3 ETFs for smart ASX investors in March
• Why I’m not investing in ASX index ETFs (yet)
• 2 ASX ETFs I’d buy as a beginner investor
• 2 exciting ETFs for ASX growth investors to buy next week

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 BetaShares Global Cybersecurity ETF. The Motley Fool Australia has positions in and has recommended BetaShares Global Cybersecurity ETF. The Motley Fool Australia has recommended Betashares Capital – Asia Technology Tigers Etf. 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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Last week saw a number of broker notes hitting the wires once again. Three buy ratings that investors might want to be aware of are summarised below.

Here’s why brokers think investors ought to buy them next week:

Pilbara Minerals Ltd (ASX: PLS)

According to a note out of Citi, its analysts have retained their buy rating and $4.80 price target on this lithium miner’s shares. Although it expects that lithium prices may remain under pressure in the immediate term, Citi suspects that they could rebound in the coming months as restocking takes place in the Chinese battery materials market. The Pilbara Minerals share price ended the week at $3.98.

Rio Tinto Ltd (ASX: RIO)

A note out of Goldman Sachs reveals that its analysts have put a conviction buy rating on this mining giant’s shares with an improved price target of $140.40. Goldman is bullish due to Rio Tinto’s iron ore production growth outlook and its potential free cash flow per tonne improvements. It also believes that iron ore prices could be heading to US$150 a tonne in the near term thanks to supply deficits and restocking. The Rio Tinto share price was fetching $117.28 at Friday’s close.

Xero Limited (ASX: XRO)

Analysts at Goldman Sachs have also retained their conviction buy rating on this cloud accounting platform provider’s shares with an improved price target of $116.00. This follows news that Xero is making major cost reductions. Goldman was pleased with the news and has upgraded its earnings estimates for the coming years to reflect the changes. The Xero share price ended the week at $86.73.

The post Top brokers name 3 ASX shares to buy next week appeared first on The Motley Fool Australia.

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More reading

• Morgans names the best ASX 200 growth shares to buy in March
• Here are the 3 most heavily traded ASX 200 shares on Friday
• Brokers name 3 ASX shares to buy now
• Why are ASX 200 lithium shares falling so hard today?
• Why Atlantic Lithium, CBA, Piedmont Lithium, and Pilbara Minerals shares are dropping

Motley Fool contributor James Mickleboro has positions in Xero. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended 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 searching for dividend shares to buy when the market reopens, then it could be worth checking out the two listed below.

Here’s why they have been tipped as buys:

Accent Group Ltd (ASX: AX1)

The first ASX dividend share to consider buying is Accent Group. It is the fashion and footwear retailer behind brands including Hype DC, The Athlete’s Foot, Glue, Platypus, Sneaker Lab, and Stylerunner.

Despite the cost of living crisis, the company has been performing very strongly. This has been driven thanks to the popularity of its brands and its exposure to younger consumers, which have less exposure to rising rates and more exposure to increases in the minimum wage.

Goldman Sachs is fan of the company and has a buy rating and $2.90 price target on its shares. It commented:

We believe AX1 offers an attractive exposure to a young Australian consumer that is uniquely resilient to inflationary and broader economic pressures given (1) a high proportion live at home; (2) more than two-thirds are working; (3) high and increasing minimum wage entitlements and; (4) a heavy skew towards discretionary spending.

As for dividends, the broker is forecasting a fully franked dividend of 15 cents per share in FY 2023. Based on the current Accent share price of $2.32, this will mean a yield of 6.5%.

Westpac Banking Corp (ASX: WBC)

Another ASX dividend share to buy according to analysts is Westpac.

It is Australia’s oldest bank and the name behind the eponymous Westpac brand and a number of regional brands such as Bank SA and St George.

Morgans is a fan of the company and has an add rating and $25.80 price target on its shares. It commented:

We view WBC as having the greatest potential for return on equity improvement amongst the major banks if its business transformation initiatives prove successful. The sources of this improvement include improved loan origination and processing capability, cost reductions (including from divestments and cost-out), rapid leverage to higher rates environment, and reduced regulatory credit risk intensity of non-home loan book.

Morgans is expecting this to lead to a fully franked dividend 153 cents per share in FY 2023. Based on the current Westpac share price of $21.79, this will mean a sizeable 7% yield.

The post Buy Westpac and this ASX dividend share next week: analysts appeared first on The Motley Fool Australia.

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More reading

• Here’s how I would secure monthly dividends in the 2024 financial year with these ASX stocks
• Here’s how much I’d need to invest in Westpac shares to generate a $150 monthly income
• Why are ASX 200 bank shares like CBA being annihilated today?
• These 3 ASX 300 shares are dividend dynamos!
• Morgans names 3 more of the best ASX shares to buy in March

Motley Fool contributor James Mickleboro has positions in Westpac Banking. 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 Accent Group and Westpac Banking. 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 A2 Milk Company Ltd (ASX: A2M) share price has performed admirably in the last year, rising by around 25% and almost reaching $7.

It’s a bit of a redemption story for A2 Milk considering the company was trading at around $20 during mid-2020.

The infant formula business is recovering from COVID-19 impacts when there was a huge disruption to daigou buyers.

With the business now reporting positive signs of a turnaround, can things get even better?

Earnings turnaround

A2 Milk reported in the FY23 half-year result that total revenue rose by 18.6% to $783.3 million. There was a very mixed performance within that overall number, though.

While China and other Asian sales increased 54% and sales in the United States went up 61.8%, it was a different story in Australia and New Zealand where sales decreased by 24.6%.

Pleasingly, the company said it reached historical highs in China brand awareness, trial and loyalty metrics. It also achieved record market shares in Chinese label infant formula in ‘mother and baby stores’ and domestic online channels.

The English label infant formula share improved in cross-border e-commerce and daigou channels.

A2 Milk’s earnings before interest, tax, depreciation and amortisation (EBITDA) increased 10.5% to $107.8 million and the net profit after tax (NPAT) increased by 22.1% to $68.5 million. Earnings per share (EPS) jumped 24.1% to 10 cents.

The company said that its share buyback of up to $150 million, which started in the FY23 first half, was 60.1% complete.

Things were good in the first half, but the share market can be very focused on the future, which would then influence the A2 Milk share price.

FY23 growth expected

A2 Milk is expecting FY23 revenue to show growth of low double digits, with an EBITDA margin similar to FY22.

However, there is a negative for the business in terms of the industry dynamics.

The Chinese infant formula market dynamics are “increasingly challenging” due to fewer births in the 2022 calendar year and the rolling impacts from fewer births in prior years on later-stage infant formula products.

A2 Milk also expects that the English label market will “continue to be impacted by the evolving channel dynamics and a further shift towards the China label market.”

My thoughts on the A2 Milk share price

I think A2 Milk has done a really good job of turning things around.

Commsec numbers suggest that A2 Milk is going to generate EPS of 18.9 cents, with further profit growth in FY24 and FY25.

At the current A2 Milk share price, that suggests that it’s valued at 35x FY23’s estimated earnings.

While that isn’t as expensive as a number of ASX growth shares, I think the market now reflects the much-improved outlook, so I’d be less excited to buy today than a year ago. But I still think that it could outperform from here because of the necessary nature of infant formula and international growth.

The post At almost $7, can the A2 Milk share price go any higher? appeared first on The Motley Fool Australia.

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More reading

• What caused the A2 Milk share price to spill almost 6% in February?
• ‘Result was incredible’: 3 ASX 200 shares Jun Bei Liu would buy now
• Why A2 Milk, Altium, Cogstate, and Ingenia shares are sinking today
• Is the A2 Milk share price good value after its post-results selloff?
• Why A2 Milk, BlueScope, NIB, and Pilbara Minerals shares are dropping today

Motley Fool contributor Tristan Harrison 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 A2 Milk. 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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