If you’re planning to invest into the Australian share market, then one of the shares listed below could be worth considering whether you’re looking for growth, income, or value.

Here’s why I think these shares are in the buy zone:

Aristocrat Leisure Limited (ASX: ALL)

This gaming technology company could be a good option for value investors. The earnings of its core poker machine business have been hit hard by the pandemic and are likely to remain subdued until casinos reopen again. But once things return to normal, I expect Aristocrat’s group earnings to accelerate materially. Especially given the impressive growth being exhibited by its digital segment. Based on this, I estimate that its shares are changing hands at just 18x FY 2021 earnings. Given its positive long term outlook, I think this is a real gift for investors.

Pushpay Holdings Group Ltd (ASX: PPH)

Growth investors might want to consider an investment in this donor management platform provider. Pushpay is rapidly bringing the church market into the modern age with its increasingly popular platform. The company has just recorded exceptionally strong operating profit growth in FY 2020 and is guiding to further strong growth in FY 2021. Looking beyond this, management believes it has a massive market opportunity. And thanks to the quality of its platform, I expect it to capture a big slice of it.

Sydney Airport Holdings Pty Ltd (ASX: SYD)

If you’re an income investor and can afford to be patient, then this airport operator could be a good option. The pandemic has impacted the travel and tourism markets materially in 2020, but they will recover in time. I suspect that domestic travel will recover reasonably quickly, with international travel taking another 12 months after that to recover. In light of this, I estimate that Sydney Airport will pay a 27 cents per share dividend in FY 2021 and then a 37 cents per share dividend in FY 2022. This implies yields of 4.7% and 6.5%, respectively, over the two years. I think this makes it a good option for patient investors.

More reading

• Brokers name 3 ASX 200 shares to buy right now
• Why Aristocrat Leisure, Afterpay, Corporate Travel, and Sydney Airport are pushing higher
• ASX 200 down 0.2%: Wesfarmers overhauls Target, Sydney Airport has no plans to raise equity
• 5 things to watch on the ASX 200 on Friday
• ASX 200 drops 0.4%, Chinese threat to Australian iron

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended PUSHPAY FPO NZX. 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 Where growth, income, and value investors can invest right now appeared first on Motley Fool Australia.

from Motley Fool Australia https://ift.tt/2TsMibn

I’m a big fan of growth shares, so feel quite fortunate to have a large number of quality options to choose from on the Australian share market.

And while the coronavirus crisis could stifle their growth in the immediate term, I believe many of them will bounce back strongly in FY 2021.

Three growth shares that I believe could provide market-beating returns for investors over the next decade are listed below. Here’s why I think growth investors ought to consider buying them:

Altium Limited (ASX: ALU)

Altium is an electronic design software company which I believe has the potential to generate strong returns for investors over the next decade. This is thanks to the company’s award-winning Altium Designer platform, which is exposed to the rapidly growing Internet of Things market. Altium is aiming for market leadership by 2025 with 100,000 Altium Designer subscribers. It expects this to lead to US$500 million revenue, up from its forecast for almost US$200 million in FY 2020.

Bubs Australia Ltd (ASX: BUB)

Another growth share which could be destined for big things is Bubs. It is an infant formula and baby food company which has been growing at a very strong rate over the last few years. And thanks to some recent supply agreements with major supermarkets, it looks well-placed to continue this positive form. Especially given the growing demand for ANZ-manufactured infant formula in the lucrative China market.

Xero Limited (ASX: XRO)

Another growth share to consider buying is cloud-based business and accounting software provider, Xero. Although the pandemic is likely to weigh on its subscriber growth in the immediate term, I believe its long term outlook remains very positive. Especially given how the company estimates that less than 20% of the global English-speaking SME market is using cloud-based accounting software. I believe this provides it with a significant runway for growth over the next decade. 

More reading

• 3 mid cap ASX growth shares to buy for monster returns
• 3 shares I’d buy if the coronavirus selloff gets worse
• How to become a millionaire with a $5,000 investment in ASX 200 shares each year
• Why I’d invest $1,000 in this ASX tech share today
• 3 five-star ASX 200 shares to buy right now

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of BUBS AUST FPO and Xero. The Motley Fool Australia owns shares of Altium. The Motley Fool Australia has recommended BUBS AUST FPO. 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 3 top ASX growth shares that could smash the market in the 2020s appeared first on Motley Fool Australia.

from Motley Fool Australia https://ift.tt/2LLj03I

In early afternoon trade the S&P/ASX 200 Index (ASX: XJO) is on course to end the week on a disappointing note. The benchmark index is currently down 0.5% to 5,522.9 points.

Four shares that have not let that hold them back are listed below. Here’s why they are pushing higher:

The Aristocrat Leisure Limited (ASX: ALL) share price is up 2% to $26.60. The catalyst for this gain appears to be a broker note out of Citi this morning. Although the gaming technology company fell short of its expectations in the first half, it remains positive on its future prospects. So much so, it has retained its buy rating and lifted the price target on its shares to $30.10.

The Afterpay Ltd (ASX: APT) share price is up almost 2% to $44.75. Investors have been buying this payments company’s shares this week after it revealed very strong customer growth in the United States. According to its update, two years after launching in the country, it has 5 million active U.S. customers on its platform. Impressively, 1 million of these customers were added in the last 10 weeks during the pandemic.

The Corporate Travel Management Ltd (ASX: CTD) share price is up 5.5% to $11.69. Investors have been buying a number of travel booking shares on Friday despite there being no news out of them. Investors may be hopeful that the potential development of a successful vaccine could unlock global borders and accelerate the recovery of international tourism.

The Sydney Airport Holdings Pty Ltd (ASX: SYD) share price is up 1.5% to $5.67. This follows the release of its virtual annual general meeting presentation this morning. That presentation revealed that the airport operator has no plans to raise equity in the near future. The company also confirmed there will be no interim distribution in FY 2020. Looking ahead, it will be waiting for clarity on the path to recovery before confirming future distribution plans.

More reading

• ASX 200 down 0.2%: Wesfarmers overhauls Target, Sydney Airport has no plans to raise equity
• Why Afterpay and these ASX shares just hit multi-year highs
• 5 things to watch on the ASX 200 on Friday
• ASX 200 drops 0.4%, Chinese threat to Australian iron
• 2 ASX 200 dividend shares to buy for income in 2021

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. The Motley Fool Australia owns shares of AFTERPAY T FPO. 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 Why Aristocrat Leisure, Afterpay, Corporate Travel, and Sydney Airport are pushing higher appeared first on Motley Fool Australia.

from Motley Fool Australia https://ift.tt/2AISO7p