If you’re a growth investor on the lookout for new options, then read on!

Listed below are two ASX growth that could be worth considering . Here’s why analysts are tipping them as buys:

Aristocrat Leisure Limited (ASX: ALL)

The first ASX growth share to consider buying is Aristocrat Leisure. It is one of the world’s leading gaming technology companies with a world class portfolio of poker machines and mobile games.  The latter business, known as Pixel United, is home to popular mobile games such as Cashman Casino, Gummy Drop, EverMerge, Mech Arena, and RAID.

Aristocrat also recently expanded into the real money gaming market with a deal with MGM. This has the potential to be a very lucrative business in the future and is partly why Goldman Sachs is positive on the company. It commented:

Real Money Gaming opportunity was discussed to grow to penetrate at least 70% of the regulated jurisdictions in north America in the medium term. ALL will be targeting to take a significant share of the US iGaming market in the medium term with ambitions to be a leading global online RMG platform in the long term.

Goldman has a buy rating and $42.80 price target on its shares.

ResMed Inc. (ASX: RMD)

Another ASX growth share that has been tipped as a buy is ResMed. It is a medical device company with a focus on sleep treatment solutions.

Morgans rates the company highly due to its strong position in the sleep treatment market and its huge potential in the out of hospital care market. The broker commented:

Nothing changes our medium/longer term view that the company remains well-placed as it builds a unique, patient-centric, connected-care digital platform that addresses the main pinch points across the healthcare value chain.

Morgans has an add rating and $37.24 price target on its shares.

The post Buy these ASX growth shares now: analysts appeared first on The Motley Fool Australia.

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More reading

• 5 ASX 200 shares that inflation can’t touch: expert
• Here’s why experts rate these ASX 200 growth shares as buys
• Buy these excellent ASX 200 healthcare shares: Goldman Sachs
• Buy and hold these ASX 200 shares: brokers
• 2 ASX growth shares to buy: Goldman Sachs

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 ResMed. The Motley Fool Australia has positions in and has recommended ResMed. 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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It has been another busy week for Australia’s top brokers. This has led to the release of a large number of broker notes.

Three broker buy ratings that you might want to know more about are summarised below. Here’s why brokers think these ASX shares are in the buy zone:

Lifestyle Communities Ltd (ASX: LIC)

According to a note out of Goldman Sachs, its analysts have retained their conviction buy rating on this retirement property company’s shares with an improved price target of $27.15. Goldman highlights that Lifestyle Communities has a highly valuable business model. It also believes that recent share price weakness has created a compelling entry point for investors. The Lifestyle Communities share price is trading at $15.35 on Friday.

Temple & Webster Group Ltd (ASX: TPW)

A note out of Morgan Stanley reveals that its analysts have retained their overweight rating and $5.60 price target on this online furniture retailer’s shares. This follows news that the company is undertaking a $30 million on-market share buyback. Its analysts feel that this is a sign that its shares are undervalued at the current level. The Temple & Webster share price is fetching $3.30 this afternoon.

Xero Limited (ASX: XRO)

Analysts at Morgan Stanley have also retained their overweight rating on this cloud accounting platform provider’s shares with an improved price target of $100.00. The broker has been pleased with Xero’s plan to cut its workforce to improve profitability. In light of this and its belief that the market is undervaluing its growth potential, Morgan Stanley sees Xero as a top option in the tech sector right now. The Xero share price is trading at $88.93 today.

The post Brokers name 3 ASX shares to buy now appeared first on The Motley Fool Australia.

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More reading

• 5 things to watch on the ASX 200 on Friday
• 3 ASX growth stocks down 40%-65% to buy now and hold
• Why Atlantic Lithium, Pushpay, St Barbara, and Temple & Webster shares are rising
• Temple & Webster share price higher on $30 million share buyback
• 7 ASX shares flying under the radar to buy now: Goldman Sachs

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 Temple & Webster Group and Xero. The Motley Fool Australia has positions in and has recommended Xero. 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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S&P/ASX 200 Index (ASX: XJO) gold shares were broadly enjoying a very strong run this week.

Until today.

Here’s how some of the biggest Aussie gold miners are tracking in early afternoon trade on Friday.

• Northern Star Resources Ltd (ASX: NST) shares are down 2.0%
• Newcrest Mining Ltd (ASX: NCM) shares are down 2.0%
• Evolution Mining Ltd (ASX: EVN) shares are down 4.8%
• Gold Road Resources Ltd (ASX: GOR) shares are down 4.2%
• Perseus Mining Ltd (ASX: PRU) shares are down 3.0%

And this comes as the ASX 200 itself has climbed back into the green, up 0.1%.

So, after most of these stocks were leaping higher earlier this week, what’s dragging them down today?

Bad news is good and good news is bad?

Gold’s classic haven status means ASX 200 gold shares often do well when financial news headlines are dominated by bad news. That tends to see a sharp increase in the demand for gold, driving up the price.

On the flip side, the gold miners tend to struggle when that news turns happier and gold prices slip.

As you’re likely aware there’s been plenty of alarming news out in recent days helping boost ASX 200 gold shares.

First, there was the Silicon Valley Bank collapse in the United States last Friday.

The day before that news broke gold was trading for US$1,831 per ounce. By Monday the yellow metal was fetching US$1,914 per ounce.

With the US banking crisis spreading to Europe, and the viability of Credit Suisse coming into doubt this week, gold had edged all the way to US$1,932 per ounce yesterday, up 5.5% in a week.

Today some of that fear has been lifted from global markets amid a huge influx of funds from the US Federal Reserve and the Swiss National Bank to backstop their nations’ banks.

That’s the good news.

After all, who doesn’t love a good taxpayer-funded bank bailout?

Well, not ASX 200 gold shares, apparently.

With investors more upbeat about the outlook for global banks, the gold price has dipped to US$1,923 today, down about 0.5%.

How have these ASX 200 gold shares performed longer-term?

As long-term investors, it pays to take a step back and judge a stock’s performance over at least a five-year period.

With that in mind, here’s how the ASX 200 gold shares listed above have performed over the past five years:

• Northern Star Resources shares have gained 61%
• Newcrest Mining shares are up 22%
• Evolution Mining shares have lost 15%
• Gold Road Resources shares have gained 88%
• Perseus Mining shares are up 363%

The post ASX 200 gold shares reverse the charge higher to tumble today. Here’s why appeared first on The Motley Fool Australia.

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More reading

• 5 things to watch on the ASX 200 on Friday
• Despite today’s ASX sell-off, All Ords gold shares are surging significantly higher
• 5 things to watch on the ASX 200 on Thursday
• Why 29Metals, Eagers Automotive, Northern Star, and Woodside shares are dropping today
• 5 things to watch on the ASX 200 on Wednesday

SVB Financial provides credit and banking services to The Motley Fool. Motley Fool contributor Bernd Struben 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 SVB Financial. The Motley Fool Australia has recommended SVB Financial. 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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When an ASX 300 share trades ex-dividend, it’s quite a notable event. For one, it means that any new shareholders won’t be eligible for the upcoming dividend that our share will be paying. This separates new shareholders, who won’t get the payout, from old ones, who will.

But these events are conspicuous because, when a share goes ex-dividend, it tends to lose a large chunk of its share price. When a dividend is paid out, its value is transferred from the company to its shareholders. As such, the company becomes slightly less valuable as a result, leading to a commensurate fall in its share price.

So investors tend to take notice when these events occur.

It just so happens that Monday will see not one, but two ASX 300 shares trade ex-dividend. That means that today’s session is investors’ last chance to own these companies’ shares and be eligible for their latest dividends. Let’s check them out.

A pair of ASX 300 shares going ex-dividend on Monday

NRW Holdings Ltd (ASX: NWH)

ASX 300 mining contractor (and soon-to-be ASX 200 newcomer) NRW Holdings is the first share worth checking out. Last month, NRW announced that its next interim dividend (and first for 2023) will be coming in at an unfranked 8.5 cents per share.

Although it is unusual for NRW to pay an unfranked dividend, it does represent a meaningful 54.55% increase over the interim dividend of 5.5 cents that investors received last year.

This latest dividend payment from NRW will be arriving in investors’ bank accounts on 6 April next month. But would-be shareholders have until the end of this trading session to buy NRW shares if they wish to receive it. At present, NRW shares have a dividend yield of 7.05%.

Adairs Ltd (ASX: ADH)

Next up we have ASX 300 homewares retailer Adairs. Adairs was another ASX site that reported its earnings last month. Back then, the company declared that its interim dividend for 2023 would come in at a fully franked 8 cents per share. That’s flat on last year’s corresponding payout.

This latest payment from Adairs is also scheduled to go out on 6 April. And, also like NRW, its eligibility will be closed off next Monday. So anyone desperate to receive this dividend will also need to own Adairs shares by the end of today’s session.

This company’s last final dividend came in at 10 cents per share. This means that Adairs shares have a dividend yield of 8.13% as it currently stands.

The post 2 ASX 300 shares trading ex-dividend on Monday appeared first on The Motley Fool Australia.

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More reading

• 2 compelling All Ords ASX shares to buy in March 2023: expert
• Buy 8,333 shares in this ASX growth stock for $1,500 in annual dividends
• Investing as little as $25 a week could help me retire with $104,000 a year in passive income!
• The highest-paying term deposit right now offers 4.5% interest. Here are 3 ASX dividend shares paying way more
• Golden buying opportunity for 2 ASX shares slashed last month: Celeste

Motley Fool contributor Sebastian Bowen has positions in Adairs. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Adairs. The Motley Fool Australia has positions in and has recommended Adairs. 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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