With so many shares to choose from on the ASX, it can be hard to decide which ones to buy. The good news is that brokers across the country are doing a lot of the hard work for you.

Three top ASX shares that leading brokers have named as buys this week are listed below. Here’s why they are bullish on them:

ANZ Group Holdings Ltd (ASX: ANZ)

According to a note out of Citi, its analysts have retained their buy rating on this banking giant’s shares with a trimmed price target of $26.50. Citi notes that ANZ delivered a result in line with expectations. And while the broker has lowered its margin assumptions, it sees ANZ’s unique capabilities as set to deliver relative outperformance in the current market conditions. The ANZ share price is trading at $23.83 on Monday.

Iluka Resources Limited (ASX: ILU)

A note out of Macquarie reveals that its analysts have upgraded this mineral sands producer’s shares to an outperform rating with a $12.30 price target. The broker was pleased with Iluka’s recent production update and sees value in its shares at current levels. The Iluka share price was fetching $11.54 today.

Life360 Inc (ASX: 360)

Analysts at Bell Potter have retained their buy rating and $8.75 price target on this location technology company’s shares. Bell Potter is feeling very positive ahead of Life360’s first-quarter results. In fact, the broker suspects that the company could be performing so well that it surprises the market by revealing that it achieved positive cash flow in April. The Life360 share price is trading at $5.46 this afternoon.

The post Leading brokers name 3 ASX shares to buy today appeared first on The Motley Fool Australia.

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More reading

• Here are the top 10 ASX 200 shares today  
• If you invest $10,000 in ANZ shares here’s how much passive income you’ll earn
• 5 things to watch on the ASX 200 on Monday
• Is it time to buy ANZ shares after its strong results?
• Why ANZ, Block, Pilbara Minerals, and SSR Mining shares are storming higher

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. 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) started the week with a strong session, rising 0.78% to close at 7,276.5 points.

Its day in the green was driven by the S&P/ASX 200 Energy Index (ASX: XJO) The sector lifted 2.5% after oil prices closed last week with a bang.

US Nymex crude oil rose 4.1% to US$71.34 a barrel in Friday’s session overseas while Brent oil gained 3.9% to US$75.30 a barrel.

Mining stocks also outperformed, with the S&P/ASX 200 Materials Index (ASX: XMJ) gaining 1.6% in a brilliant session for lithium stocks.

But not every sector glittered on Monday. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) posted the biggest loss, dropping 0.9%.

So, with all that in mind, let’s dive into Monday’s best-performing ASX 200 shares.

Top 10 ASX 200 shares countdown

Taking out the top spot on the index today was the Lynas Rare Earths Ltd (ASX: LYC) share price.

It roared 12% higher after the company announced its ban on importing and processing lanthanide concentrate in Malaysia has been pushed back to early next year. That means it won’t have to shut down its Malaysian facility.

These shares made today’s biggest gains:

ASX-listed company	Share price	Price change
Lynas Rare Earths Ltd (ASX: LYC)	$7.37	12.01%
Life360 Inc (ASX: 360)	$5.46	7.69%
Core Lithium Ltd (ASX: CXO)	$1.03	6.74%
Iluka Resources Limited (ASX: ILU)	$11.54	5.1%
Pilbara Minerals Ltd (ASX: PLS)	$4.60	4.55%
Lake Resources NL (ASX: LKE)	$0.52	4%
Whitehaven Coal Ltd (ASX: WHC)	$7.06	3.82 %
ARB Corporation Ltd (ASX: ARB)	$32.59	3.79%
Megaport Ltd (ASX: MP1)	$5.52	3.76%
Champion Iron Ltd (ASX: CIA)	$6.55	3.64%

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

• Here are the 3 most heavily traded ASX 200 shares on Monday
• What’s the outlook for the Core Lithium share price in May?
• Why Lynas, Piedmont Lithium, Westpac, and Woodside shares are rising
• ASX lithium shares are off and racing today. What’s behind the boost?
• Why is ASX 200 share Lynas Rare Earths leaping 12% on Monday?

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 ARB Corporation, Life360, and Megaport. The Motley Fool Australia has recommended ARB Corporation and Megaport. 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 rise of Amazon.com Inc (NASDAQ: AMZN) here in Australia has been spooking ASX retail shares and their investors for more than five years now. Ever since Amazon first launched its local marketplace here in Australia back in 2017, investors have been warned of the bleak future awaiting ASX retail shares.

Almost six years on, it’s clear that Amazon’s local shopfront, while still wildly successful, hasn’t exactly ended the Aussie retail sector.

But, as is always the case for ASX retail shares, there is still no time for laurel resting. The retail space is infamous for its cutthroat competitive pressures. Its players are also constantly at the mercy of changing trends and tastes.

And, if one ASX expert is to be believed, Amazon isn’t done trying to take its pound of flesh either.

Amazon is coming for Australia’s shoppers

According to a report in The Australian this week, analysts at Jarden have recently come out with some analysis of the future of Australia’s retail space. In fact, Jarden’s analysis concludes that Amazon is on track to grow its gross merchant value (GMV) in Australia by 25% in 2023 to $5 billion, followed by another 10% rise in 2024 to $5.5 billion. And that’s its ‘conservateive’ scenario.

According to Jarden, this expansion will be driven by “expansion of same-day delivery, rapid penetration of Prime and range expansion to more than 200 million stock keeping units (SKUs) with a focus on consumer value”. Amazon is reportedly targeting a long-term GMV of between $19 and 22 billion for the Australian market.

So if this all plays out as Jarden is expecting, it will obviously have an impact on many ASX retail shares.

Jarden has identified a long list of ASX retail shares that could be the most impacted. These include:

• JB Hi-Fi Limited (ASX: JBH)
• Super Retail Group Ltd (ASX: SUL)
• Wesfarmers Ltd (ASX: WES)
• Accent Group Ltd (ASX: AX1)
• Reject Shop Ltd (ASX: TRS)
• Baby Bunting Group Ltd (ASX: BBN)
• Kogan.com Ltd (ASX: KGN)
• Temple & Webster Group Ltd (ASX: TPW)
• Adore Beauty Group Ltd (ASX: ABY)

Should investors bail out of ASX retail shares before it’s too late?

So with these ‘victims’ of the Amazon juggernaut identified, should investors just bail out now, before they are wiped out?

Well, not so fast. For one, as we mentioned earlier, reports of the death of ASX retail shares thanks to Amazon have been premature for the decade in which the American behemoth has been active in Australia. In fact, many have thrived alongside Amazon.

Just take a look at the JB Hi-Fi share price (one of Amazon’s fiercest competitors) below if you have any doubts:

Many of the shares listed above have also performed similarly, and seem to know how to keep Amazon at bay. The US giant doesn’t have a monopoly on innovation, after all.

But it’s also worth noting that Jarden’s opinions aren’t the only ones out there. Many other ASX experts view the situation facing ASX retail stores very differently. For instance, Goldman Sachs recently came out with a buy rating on Super Retail Group shares, together with a $14.90 share price target. Goldman noted Super Retail’s “resilience” and “competitive advantage of high loyalty” in justifying its confidence.

Similarly, Goldman also has high hopes for Accent Group. It also has a buy rating on this ASX footwear retail share, justifying its rating by pointing to this company’s popularity with younger shoppers.

And last month, we looked at the views of another ASX expert in broker Morgans. Morgans reckons both Adore Beauty and Baby Bunting shares are undervalued right now.

So yes, Amazon remains a potent threat to many ASX retail shares. But views are certainly not aligned on the ASX when it comes to their resilience to the American invader.

 

The post Which ASX retail shares could be ‘most impacted’ by Amazon’s rapid growth? appeared first on The Motley Fool Australia.

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More reading

• This ASX All Ords stock could pay an 11% dividend yield by FY25
• Here are the 10 most shorted ASX shares
• Follow the free cash flow: Could these unloved ASX shares be worth buying?
• Brokers name 3 ASX shares to buy now
• Buy Pilbara Minerals and these ASX growth shares for 40%+ returns: analysts

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Motley Fool contributor Sebastian Bowen has positions in Amazon.com and Kogan.com. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Amazon.com, Baby Bunting Group, Goldman Sachs Group, Kogan.com, Super Retail Group, and Temple & Webster Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Adore Beauty Group. The Motley Fool Australia has positions in and has recommended Kogan.com, Super Retail Group, and Wesfarmers. The Motley Fool Australia has recommended Accent Group, Adore Beauty Group, Amazon.com, Baby Bunting Group, Jb Hi-Fi, and 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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Exchange traded funds (ETFs) can be great additions to an investment portfolio.

This is because they give investors easy access to a large and diverse number of different shares that they wouldn’t ordinarily have access to.

But which ones would be top options for investors today? Listed below are three that could be worth considering:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

The first ETF to look at is the BetaShares Asia Technology Tigers ETF. It tracks the performance of the 50 largest technology companies that have their main area of business in Asia (excluding Japan). This includes the likes of Alibaba, JD.com, Pinduoduo, Samsung, Taiwan Semiconductor, and Tencent Holdings. As these companies are revolutionising the lives of billions of people in the region, they have been tipped to have bright futures.

BetaShares NASDAQ 100 ETF (ASX: NDQ)

The next ETF for investors to consider is, in many respects, the US equivalent of the above ETF. The hugely popular BetaShares NASDAQ 100 ETF gives investors exposure to many of the most iconic companies in the world. This includes tech giants such as Amazon, Apple, Facebook, Microsoft, Netflix, and Tesla. BetaShares notes that with its strong focus on technology, the ETF provides diversified exposure to a high-growth potential sector that is under-represented on the Australian share market.

iShares Global Consumer Staples ETF (ASX: IXI)

If you would rather add some defensive stocks to your portfolio, then the iShares Global Consumer Staples ETF could be for you. This ETF gives investors access to many of the world’s largest global consumer staples companies. This includes giants such as Coca-Cola, Nestle, PepsiCo, Procter & Gamble, Unilever, and Walmart. As these companies manufacture and/or sell products that are always in demand whatever is happening in the economy, they appear well-placed in the current economic environment.

The post 3 excellent ETFs for ASX investors to buy right now appeared first on The Motley Fool Australia.

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More reading

• Why I believe these 2 appealing ASX shares could turn $5,000 into $15,000
• I’m a dividend investor. Should I buy the Betashares Nasdaq 100 ETF (NDQ)?
• 3 fantastic ETFs for ASX investors to buy in May
• 3 top quality ETFs for ASX investors to buy and hold for 10 years
• 3 top ASX ETFs hitting new 52-week highs on Friday

Motley Fool contributor James Mickleboro has positions in BetaShares Nasdaq 100 ETF. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool Australia has positions in and has recommended BetaShares Nasdaq 100 ETF and iShares International Equity ETFs – iShares Global Consumer Staples 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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