Where to invest $10,000 into ASX 200 shares

If you’re fortunate enough to have $10,000 available to invest into the share market, then you may be on the lookout for options.

In order to narrow things down for you, let’s take a look at three ASX 200 shares that are highly rated by analysts and could be good options for those funds. They are as follows:

Capricorn Metals Ltd (ASX: CMM)

Capricorn Metals could be a top option if you would like to add some gold exposure to your portfolio with that $10,000.

It is a gold exploration, development, and mining company whose primary asset its 100%-owned Karlawinda Gold Project (KGP) in Western Australia. Bell Potter is very positive on the company due to the quality of its KGP operation and management’s strong track record. It said:

CMM’s management team has a track record of capital efficient project funding, development, commissioning and operation. In our view, FY25 and FY26 should benefit from higher revenue and EPS increases by 32% and 6% respectively. CMM is a sector leading gold producer with a strong balance sheet, a management team with an excellent track record of delivery and clear organic growth options to lift group production to 270kozpa.

The broker has a buy rating and $6.53 price target on its shares.

Flight Centre Travel Group Ltd (ASX: FLT)

Another ASX 200 share for investors to consider buying is travel agent giant Flight Centre.

Morgans is a big fan of the company and sees a lot of value in its shares at current levels. Particularly given the transformation of its business model. It said:

FLT has the greatest risk, reward profile of our travel stocks under coverage. The risk is centred around execution given its changed business model, while the reward is material if FLT delivers on its 2% margin target. If achieved, this would result in material upside to consensus estimates and valuations. FLT is targeting to achieve this margin in FY25. With greater confidence in the travel recovery and the benefits of Flight Centre’s transformed business model already emerging, we think the company is well placed over coming years.

The broker has an add rating and $27.27 price target on its shares.

Light & Wonder Inc. (ASX: LNW)

Analysts at Goldman Sachs think that Light & Wonder could be an ASX 200 share to buy. It is a cross-platform global games company that provides gambling products and services.

The broker likes Light & Wonder due to its belief that it can continue to win market share in Australia and North America and deliver strong profit growth. It explains:

LNW is well-placed to continue winning market share in ANZ and North America gaming operations, driving earnings growth of +12% (2-year CAGR) to achieve its FY25 AEBITDA target of US$1.4bn, which we believe has not been factored into market expectations (GSe +3% above VA consensus). Additionally, we believe SciPlay is out indexing the social casino segment driven by higher monetisation rates and modest user growth, despite headwinds in the broader social gaming industry.

Goldman has a buy rating and $190.00 price target on its shares.

The post Where to invest $10,000 into ASX 200 shares appeared first on The Motley Fool Australia.

More reading

• These are the 10 most shorted ASX shares
• Here’s how the ASX 200 market sectors stacked up last week
• Goldman Sachs names 1 ASX 200 stock to buy and 2 to hold
• 5 things to watch on the ASX 200 on Thursday
• Bell Potter says these ASX 200 shares can deliver ~30% returns

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 Goldman Sachs Group and Light & Wonder. The Motley Fool Australia has recommended Flight Centre Travel Group and Light & Wonder. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.