If you’ve saved up a bit of cash and want to invest, you might have your eye on some ASX 200 shares trading cheaply.

Here are a couple of my top picks that you can snap up for under $10 per share today.

2 ASX 200 shares to buy for under $10

Harvey Norman Holdings Ltd (ASX: HVN) has been a bit of a surprise packet in 2020.

The Aussie retailer recently announced booming sales during the early stages of coronavirus restrictions. Aussie workers forced to work from home have been stocking up on office supplies and electronics from the Aussie retailer.

This sales boost even saw the ASX 200 retail share announce a 6 cents per share special dividend last week.

That’s good news for shareholders and we could see that trend continue if work from home becomes the ‘new normal’. The Harvey Norman share price is trading at $3.54 per share right now and could be a bargain buy.

Harvey Norman isn’t the only ASX 200 share that could be a steal for under $10. I also like the look of Mirvac Group (ASX: MGR) shares right now.

The Mirvac share price is trading at $2.36 per share after falling 25.8% lower this year.

Mirvac is a diversified real estate company with interests in residential, commercial and industrial assets. The Aussie developer has been hammered by the recent bear market with investors still unsure where the real estate sector is headed.

However, as the great Warren Buffett says, “be greedy when others are fearful“.

There’s no doubt investors are fearful right now with the S&P/ASX 200 Index (ASX: XJO) rocketing despite the bleak economic environment amid the pandemic. If you’re bullish on real estate, Mirvac could be a good ASX 200 share to buy.

The group still has a market capitalisation of $9.4 billion and trades at a price to earnings (P/E) ratio of 9.3.

The big question mark for me is the end of government stimulus measures later this year. These include mortgage holidays and payments to Aussie businesses and workers. That could put some stress on the real estate sector.

However, no one knows the future. We could just as easily see an extension of stimulus measures towards the end of the year.

Foolish takeaway

These are just a couple of ASX 200 shares that could be of good value for under $10 per share.

More reading

• Why we may be in danger of another coronavirus ASX market crash
• These were the best performing shares on the ASX 200 last week
• Why the Nearmap share price and one other are on my buy list
• 3 ASX dividend kings to buy and hold forever
• Got $20,000? These are the ASX shares I’d buy during COVID-19

Motley Fool contributor Ken Hall has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The post Cheap ASX 200 shares I’d buy for less than $10 appeared first on Motley Fool Australia.

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Once again, a large number of broker notes hit the wires last week. Some of these notes were positive and some were bearish.

Three sell ratings that caught my eye are summarised below. Here’s why top brokers think investors ought to sell these shares next week:

Domino’s Pizza Enterprises Ltd (ASX: DMP)

According to a note out of Citi, its analysts have retained their sell rating and $47.80 price target on this pizza chain operator’s shares. Although the broker took away a number of positives from its CEO Webcast last week, it wasn’t enough for a change of rating. Citi appears concerned that its new store openings could suffer because of the pandemic. If this leads to lower than expected earnings growth, it fears it could lead to a de-rating to lower multiples. The Domino’s share price ended the week at $62.70.

JB Hi-Fi Limited (ASX: JBH)

Analysts at Credit Suisse have downgraded this retailer’s shares to an underperform rating with an improved price target of $34.52. According to the note, although it is pleased with its performance during the pandemic, the broker believes JB Hi-Fi’s shares have run too hard. It notes that its shares are trading at a significant premium to peers and fears the market may be expecting too much from the company once government support ends. The JB Hi-Fi share price was last trading at $40.00.

Webjet Limited (ASX: WEB)

A note out of Morgan Stanley reveals that its analysts have downgraded this online travel agent’s shares to an underweight rating with an improved price target of $3.30. The broker points out that Webjet’s shares may still be down materially this year, but its market capitalisation was actually trading at pre-pandemic levels. This is because of its highly dilutive capital raising. Whereas the Corporate Travel Management Ltd (ASX: CTD) market capitalisation is notably lower than its pre-pandemic level despite not raising capital. It prefers the corporate travel specialist and has an overweight rating on its shares. Webjet’s shares ended the week at $3.95.

More reading

• 3 five-star ASX shares I would buy today
• Why the Lovisa share price is at risk of falling further over the coming weeks
• The latest ASX shares to be hit by broker downgrades to “sell” today
• ASX 200: improved consumer sentiment to near pre COVID-19 levels
• ASX 200 to sink lower after Wall Street crashes on second wave concerns

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Corporate Travel Management Limited and Webjet Ltd. The Motley Fool Australia has recommended Domino’s Pizza Enterprises Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The post Top brokers name 3 ASX 200 shares to sell next week appeared first on Motley Fool Australia.

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