If you are fortunate enough to have $4,000 to invest in the share market, then I would consider investing it across the four top ASX shares listed below.

I believe each of them has the potential to generate market beating returns over the next few years due to their solid business models and positive outlooks.

Here’s why I would invest $1,000 into all four of them:

Appen Ltd (ASX: APX)

Appen is a provider of human annotated dataset development services to some of the world’s biggest tech companies such as Facebook and Microsoft. As the company services machine learning and artificial intelligence markets (which are expected to grow rapidly over the next decade), I believe it is well placed to continue growing its earnings at strong rate for the many years to come.

Commonwealth Bank of Australia (ASX: CBA)

The shares of Australia’s largest bank have fallen very heavily over the last three months. While this decline is not completely unwarranted, I think the selling has been overdone and has left its shares trading at a very attractive price. Times may be hard for the bank right now, but the headwinds it is facing will ease eventually and its outlook will improve. In light of this, I think it is worth being patient and buying its shares with a long term view.

CSL Limited (ASX: CSL)

This global biotherapeutics company could be a great place to invest. I believe it is well-positioned to continue its positive form over the next decade due to its leading therapies, growing plasma collection network, and lucrative research and development (R&D) pipeline. CSL currently has a wide range of therapies under development which have the potential to generate significant revenues in the coming years.

Kogan.com Ltd (ASX: KGN)

A final option to consider is Kogan. I think the ecommerce company could be a market beater over the next 10 years. This is thanks to the continued shift to online shopping by consumers and the growing popularity of its offering. This has been evident during the pandemic, with Kogan reported explosive sales and earnings growth in March and April.

More reading

• The smartest ASX shares to buy if you have $2,000
• How can the ASX 200 soar with rising unemployment?
• ASX 200 down 0.9%: CBA reveals $1.5bn COVID19 provision & gold miners charge higher
• Why CBA, CSR, Fortescue, & Northern Star shares are pushing higher
• Commonwealth Bank reveals $1.5 billion COVID-19 provision with Q3 result

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 CSL Ltd. The Motley Fool Australia owns shares of and has recommended Kogan.com ltd. The Motley Fool Australia owns shares of Appen Ltd. 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 4 top ASX shares to invest $4,000 into immediately appeared first on Motley Fool Australia.

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Many of Australia’s top brokers have been busy adjusting their financial models again, leading to the release of a large number of broker notes this week.

Three broker buy ratings that have caught my eye are summarised below. Here’s why brokers think these shares are in the buy zone:

Altium Limited (ASX: ALU)

According to a note out of Morgan Stanley, its analysts have retained their overweight rating and $40.00 price target on the electronic design software company’s shares. The broker notes that Altium expects to fall short of its US$200 million revenue target in FY 2020 because of the pandemic’s impact on smaller businesses. Morgan Stanley isn’t concerned by this and suggests investors should focus on the long term. It feels Altium remains well-positioned to deliver on its 100,000 subscriber target by 2025. I agree with Morgan Stanley and would be a buyer of its shares.

Premier Investments Limited (ASX: PMV)

A note out of UBS reveals that its analysts have retained their buy rating but cut the price target on this retail company’s shares to $17.15. The broker made the move after reducing its earnings estimates for FY 2021 due to the current uncertainty in the retail market. However, UBS remains positive on Premier Investments and believes it is likely to come out of the pandemic in a stronger position. I think UBS is spot on and the Smiggle and Peter Alexander owner would be a good option for investors.

Zip Co Ltd (ASX: Z1P)

Another note out of UBS reveals that its analysts have retained their buy rating and lifted the price target on this buy now pay later company’s shares to $3.70. It believes that Zip Co’s recent update shows that the company is able to perform strongly during the current crisis. It notes that it has been able to grow and manage its credit risk effectively during April. It also sees the easing of restrictions as a positive for Zip Co in the coming months. I would have to agree with this view as well and would be a buyer of its shares with a long term focus.

More reading

• LNG spot price surge benefits ASX 200 shares
• The smartest ASX shares to buy if you have $2,000
• ASX gold shares steady: Can gold provide your portfolio with defensive and safe returns?
• Is $1,000 of A2 Milk shares a good investment?
• How can the ASX 200 soar with rising unemployment?

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 ZIPCOLTD FPO. The Motley Fool Australia owns shares of and has recommended Premier Investments Limited. The Motley Fool Australia owns shares of Altium. 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 buy right now appeared first on Motley Fool Australia.

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