Where to invest $10,000 in ASX 200 shares this month

If you are lucky enough to have $10,000 available to invest this month, then it could be worth considering the three ASX 200 shares listed below.

They have quality business models, positive growth outlooks, and analysts recommending them as buys.

Here’s what you need to know about them:

Life360 Ltd (ASX: 360)

Life360 offers investors exposure to a global consumer technology platform that is still early in its monetisation journey.

The company’s app is used by millions of families worldwide for location sharing and safety features. What makes the business compelling is the combination of a large free user base and a growing subscription model, which gives it multiple levers for long-term growth.

As the ASX 200 share continues to convert free users into paying subscribers and expand the range of services it offers, its revenue and earnings can grow faster than the user base itself. With strong network effects and high engagement, Life360 has the potential to become more deeply embedded in everyday family life over time.

Bell Potter has a buy rating and $52.50 price target on its shares.

Light & Wonder Inc. (ASX: LNW)

Light and Wonder is a diversified global gaming technology business with multiple earnings streams.

The company operates across land-based gaming machines, digital gaming, and lottery systems, giving it exposure to both traditional and online gaming markets. This diversification helps smooth earnings and reduces reliance on any single segment.

In addition, as digital gaming continues to grow alongside traditional gaming venues, Light and Wonder is well positioned to benefit.

Another positive is that the ASX 200 share has just settled its litigation with a key rival. This removes a dark cloud that was weighing on investor sentiment.

UBS has a buy rating and $206.00 price target on Light & Wonder shares.

Woolworths Group Ltd (ASX: WOW)

Woolworths could be an ASX 200 share to buy. After all, it is the kind of business that rarely grabs headlines but quietly compounds value over time.

The supermarket giant’s scale gives it influence across pricing, sourcing, and distribution that smaller competitors simply cannot match. That advantage shows up in consistent earnings, strong cash generation, and the ability to absorb cost pressures without losing relevance to customers.

What is often overlooked is how central Woolworths has become to daily household behaviour. The business sits at the heart of food, convenience, and increasingly, digital engagement through online shopping and loyalty platforms. That makes it less about chasing growth and more about steadily expanding its role in a customer’s weekly routine. This all bodes well for the future.

Ord Minnett has a buy rating and $33.00 price target on Woolworths’ shares.

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

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Motley Fool contributor James Mickleboro has positions in Life360 and Woolworths Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Life360 and Light & Wonder Inc. The Motley Fool Australia has positions in and has recommended Life360 and Woolworths Group. The Motley Fool Australia has recommended Light & Wonder Inc. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.