If you’re looking to invest $1,000 into the Australian share market, then there are a lot of quality options for investors to choose from.

To narrow things down, I have picked out two ASX 200 shares that I think would be smart choices for investors. Here’s why I like them:

Aristocrat Leisure Limited (ASX: ALL)

I think Aristocrat Leisure would be a great place to invest $1,000 right now. Especially with its shares down 35% from their 52-week high. While a pullback in its share price has not been unwarranted considering the negative impact of the pandemic on its business, I think the selloff has been overdone.

Aristocrat Leisure’s shares are currently changing hands at 21x estimated FY 2021 earnings. I think this is great value given its very positive long term outlook. This is thanks to its leading pokie machine business and its lucrative digital business which is generating significant recurring revenues from its millions of daily active users. Combined, I believe they will underpin solid earnings growth over the next decade.

Domino’s Pizza Enterprises Ltd (ASX: DMP)

Another ASX share which I think investors ought to consider investing $1,000 into is Domino’s. I believe the pizza chain operator is one of the best buy and hold options on the Australian share market. This is thanks to its positive long term outlook due to its expansion plans and management’s same store sales targets.

Over the next five years Domino’s is aiming to deliver annual same store sales growth of 3% to 6% and annual organic new store additions of 7% to 9%. And while there is a risk that new store openings will suffer during the pandemic, I’m confident the company will soon catch up with its target. Overall, I expect this winning combination of organic and inorganic growth to underpin strong earnings growth over the next decade.

More reading

• Coles shares and 2 other ASX 200 companies to buy in the current market
• The Santos share price is down 36%! This is what I’d do today
• Is the Altium share price the steal of the century?
• I think Aristocrat shares are outstanding value
• Got $3,000? These 5 beaten-down ASX shares are begging to be bought

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. 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 Investing $1,000 into these ASX 200 shares could be a smart move appeared first on Motley Fool Australia.

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ASX 200 shares are under pressure again after a fourth straight day of losses. The S&P/ASX 200 Index (ASX: XJO) is now down 7.2% since last Wednesday’s close.

That means there could be some great bargains in the current market. Xero Limited (ASX: XRO), Newcrest Mining Ltd (ASX: NCM) and Coles Group Ltd (ASX: COL) shares are just a few of the top shares that I think can help you prepare in the current market environment.

3 ASX 200 shares to buy in the current market

It’s hard to know how to position for a second market crash at the best of times, let alone in the midst of a pandemic.

I think non-cyclical earnings and large-cap shares are the key to weathering any storm. Coles shares could fit this bill.

The Coles share price rocketed higher in February and March when the first coronavirus restrictions kicked in. While I don’t think we’ll see the same level of panic buying again in 2020, Coles earnings could still be solid.

That’s especially the case given times are tough right now and many Aussies are cutting expenses where they can. That could mean less spending at cafes and restaurants and more buying from supermarkets like Coles.

Another ASX 200 share that could be in the buy zone is Newcrest Mining. The Newcrest share price has fallen 1.4% lower in 2020 which is a 13.0% outperformance compared to the ASX 200 benchmark index.

Gold shares tend to do well in a share market crash. Investors flock to the safe-haven asset as a store of value when ASX shares are in freefall.

Other than the gold shares, I think tech shares are promising in 2020. Tech shares have been leading the S&P 500 Index higher in the United States and we’ve seen similar on the ASX.

That could mean an ASX 200 tech share like Xero Limited (ASX: XRO) is in the buy zone.

Xero’s accounting software platform is in high demand right now as businesses look to keep a good handle on their finances.

That could mean Xero is a solid hedge with some upside potential in a share market crash.

Foolish takeaway

No one knows if and when another share market crash might occur. Newcrest, Xero and Coles shares are just a couple of the ASX 200 shares that could help to weather the storm in 2020.

However, panic buying and selling of shares also isn’t the answer.

It might be worth sticking to a long-term strategy and riding out the volatility over the coming decades.

More reading

• The Santos share price is down 36%! This is what I’d do today
• Is the Altium share price the steal of the century?
• Got $3,000? These 5 beaten-down ASX shares are begging to be bought
• 5 things to watch on the ASX 200 on Tuesday
• Why MOAT is my favourite ASX ETF

Ken Hall has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Xero. The Motley Fool Australia owns shares of COLESGROUP DEF SET. 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 Coles shares and 2 other ASX 200 companies to buy in the current market appeared first on Motley Fool Australia.

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One area of the market which I think is home to a large number of promising companies is the mid cap space.

What is a mid cap? There are various opinions on how to categorise a mid cap share and it can change depending on which share market you are looking at.

On the Australian share market, I would class a mid cap share as a company with a market capitalisation in the range of $500 million to $5 billion. Anything less I would label a small cap and anything greater a large cap.

Why buy mid cap ASX shares?

I’m a fan of mid cap shares because I believe they offer investors the best of both worlds – greater potential returns than large caps, but less risk than small caps.

Luckily for investors, there are a large number of mid cap shares trading on the ASX which I believe offer compelling risk/rewards.

Two that I would buy are listed below:

Nearmap Ltd (ASX: NEA)

The first mid cap share to look at is this leading aerial imagery technology and location data company. Nearmap’s software gives businesses instant access to high resolution aerial imagery, city-scale 3D datasets, and integrated geospatial tools. This is proving very popular with end users as it allows them to conduct site visits from the safety of their own home or office. It also enables informed decisions, streamlined operations, and ultimately significant cost savings for businesses. Due to Nearmap’s high quality product offering and its sizeable opportunity in a fragmented market, I believe it has the potential to grow its sales at a very strong rate over the next decade.

Pushpay Holdings Group Ltd (ASX: PPH)

Another mid cap share which I rate highly is Pushpay. It is a donor management platform provider which has been growing at an explosive rate in recent years thanks to increasing demand for its platform in the church market. Although its shares have been on fire this year, I don’t for a second believe it is too late to invest. After all, Pushpay still has a very long runway for growth over the next decade. Management is aiming to capture a 50% share of the medium to large church market in the future. This represents a US$1 billion opportunity, which is many times its current revenue. Given the quality of its platform and a major recent acquisition which has bolstered its offering, I believe there is a high probability of the company achieving its target.

More reading

• $3,000 invested in these 2 shares could make you a fortune over the next 10 years
• The top ASX growth shares I would buy for the 2020s
• Sezzle shares and 2 other ASX techs soared up to 50% in the past 4 weeks
• These are the 10 most shorted ASX shares
• 3 five-star ASX shares I would buy today

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 Nearmap Ltd. and PUSHPAY FPO NZX. The Motley Fool Australia has recommended Nearmap Ltd. and 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 Why Nearmap and this ASX mid cap share could be strong buys appeared first on Motley Fool Australia.

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