Where to invest $20,000 in ASX 200 shares this week

If you have $20,000 available to invest this week, the ASX 200 offers a number of high-quality growth shares.

The key is finding businesses with clear long-term drivers rather than focusing only on short-term share price moves.

Here are three ASX 200 shares that could be worth looking at.

Goodman Group (ASX: GMG)

The first ASX 200 share that continues to stand out is Goodman Group.

Goodman owns, develops, and manages industrial property around the world. Its assets are used by companies that need logistics facilities, warehouses, and data centre sites.

This gives the business exposure to several powerful trends. Ecommerce continues to support demand for well-located distribution assets, while cloud computing and artificial intelligence are driving demand for large-scale digital infrastructure.

Goodman’s advantage is that it has the land, development capability, and global customer relationships needed to serve these markets.

With demand for logistics and data centre assets continuing to grow, Goodman arguably remains one of the ASX 200’s strongest long-term growth shares.

Megaport Ltd (ASX: MP1)

Another ASX 200 share worth a closer look is Megaport.

It provides network connectivity services that help businesses connect to cloud providers, data centres, and digital infrastructure on demand.

As more companies move systems and workloads into the cloud, flexible connectivity becomes more important. Megaport’s platform allows customers to scale network usage without relying on traditional fixed infrastructure.

The company has also expanded its opportunity through the acquisition of Latitude, which adds compute capability and opens up its addressable market beyond connectivity.

That gives Megaport a wider role in the digital infrastructure stack. It is no longer just helping customers connect to the cloud. It is also moving closer to the infrastructure that supports cloud and AI workloads.

This acquisition has proven very successful so far, with Latitude recently reporting a major contract win.

If demand for cloud services continues to rise, Megaport could have a very long runway for growth.

WiseTech Global Ltd (ASX: WTC)

A third ASX 200 share to look at for the $20,000 investment is WiseTech Global.

It provides software to the global logistics industry through its CargoWise platform.

Its customers operate in a complex world of customs, freight forwarding, compliance, and cross-border supply chains. That complexity creates a strong need for software that can automate workflows and improve efficiency.

WiseTech has spent years building a platform that can handle these tasks at scale. It has also continued to expand its product suite, giving customers more reasons to use its software across more parts of their operations.

With a large addressable market and a deep product offering, WiseTech appears well placed to benefit as the industry continues modernising.

The post Where to invest $20,000 in ASX 200 shares this week appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in Goodman Group, Megaport, and WiseTech Global. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goodman Group, Megaport, and WiseTech Global. The Motley Fool Australia has positions in and has recommended WiseTech Global. The Motley Fool Australia has recommended Goodman Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.