Are you planning on adding some growth shares to your portfolio? Before you make your purchases, you might want to take a look at these shares.

All three have been named as buys and tipped to deliver strong growth over the long term:

Bravura Solutions Ltd (ASX: BVS)

Bravura Solution is a provider of software and services to the wealth management and funds administration industries. It has a growing portfolio of products being used by financial institutions across the world. These include the Sonata wealth management platform and the Midwinter financial planning software. And while COVID-19 and Brexit are weighing on its performance this year, its long term outlook remains very positive. Goldman Sachs remains positive and has a buy rating and $4.20 price target on its shares.

Kogan.com Ltd (ASX: KGN)

This ecommerce company is another growth share to consider. Kogan’s growth has gone into overdrive during the last 12 months after the pandemic accelerated the shift to online shopping. This led to significant customer, sales, and earnings growth during this time. The company has also bolstered its growth through a couple of bolt-on acquisitions. The most notable being its $122 million acquisition of online retailer Mighty Ape. Credit Suisse is very positive on its outlook and believes Kogan is well-placed for growth in the coming years thanks to an increase in online spending and its expanding product range. The broker has an outperform rating and $21.08 price target on its shares.

Nearmap Ltd (ASX: NEA)

Nearmap is a leading aerial imagery technology and location data company with operations in the ANZ and North American markets. Management appears confident that Nearmap is well-positioned for growth over the 2020s and is aiming to deliver annualised contract value (ACV) growth of 20% to 40% per annum over the period. It expects this to be driven by new growth initiatives, geographic expansion, and the launch of its latest AI product. Last week analysts at Goldman Sachs upgraded Nearmap’s shares to a buy rating with a $2.75 price target. Goldman believes its technology is market-leading and expects the company to benefit from a sharp economic recovery in the US market after COVID headwinds ease.

More reading

• Top brokers name 3 ASX shares to buy next week
• ASX 200 rises 1%, Zip soars, REA reports
• Goldman Sachs names 2 growing ASX dividend shares to buy
• 2 explosive ASX growth shares to buy immediately
• 2 compelling ASX shares to buy in February 2021

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 Bravura Solutions Ltd. The Motley Fool Australia owns shares of and has recommended Kogan.com ltd and Nearmap Ltd. The Motley Fool Australia has recommended Bravura Solutions Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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There are some quality ASX shares that could be worth owning for the long-term.

Here they are:

Vanguard MSCI Index International Shares ETF (ASX: VGS)

This is an exchange-traded fund (ETF). One of the advantages of an ETF is that it allows investors to buy a large group of businesses through a single investment. They can also be very cheap in terms of the annual management fee. 

The purpose of this ETF is to provide exposure to many of the world’s largest companies listed in major developed countries. Vanguard says that it offers low-cost access to a broadly diversified range of shares that allow investors to participate in the long-term growth potential of international economies outside Australia.

This is a truly global ETF. Countries that have an allocation of more than 0.3% include: the United States, Japan, the United Kingdom, France, Canada, Switzerland, Germany, Netherlands, Sweden, Hong Kong, Denmark, Spain, Italy, Singapore, Finland and Belgium. The US gets the bulk of the allocation, with a weighting of just over two thirds of the ETF.

This ASX share provides exposure to a number of different sectors. Industries with a weighting of more than 5% include: information technology (22.5%), health care (13%), financials (12.3%), consumer discretionary (12.3%), industrials (10.6%), communication services (9%) and consumer staples (7.7%).

In terms of the actual positions that it owns, its biggest 10 holdings at the end of December 2020 were: Apple, Microsoft, Amazon, Alphabet, Facebook, Tesla, Johnson & Johnson, JPMorgan Chase, Visa and Procter & Gamble.

There are plenty of recognisable names further down the portfolio list like Walt Disney, Berkshire Hathaway, Nvidia, Mastercard, PayPal, Adobe, Netflix, Coca Cola, PepsiCo, Walmart, Salesforce.com, Nike, LVMH (Louis Vuitton Moet Hennessy), Costco and so on.

The ETF has an annual management fee of 0.18% per annum. The net returns over the longer-term has been fairly consistent. Over the last three years the net return per annum has been 11.3%, over the last five years the net return has been 11% per annum and since inception in November 2014 it has returned and average of 12% per annum.

Australian Ethical Investment Limited (ASX: AEF)

Australian Ethical describes itself as Australia’s leading ethical investment manager. It says that it provides investors with investment management products that align with their values and provide competitive returns. Investments are guided by the ‘Australian Ethical Charter’ which shapes its ethical approach and underpins both its culture and its vision.

The ASX share has been steadily growing its funds under management (FUM) over time, which is helping the financials.

In FY20 it grew its revenue by 22% to $49.9 million and underlying profit after tax (UPAT) went up 42% to $9.3 million. Excluding the impact of its performance fees, revenue and UPAT grew by 15%.

The group’s FUM went up 19% to $4.05 billion over the year, helped by net inflows of $660 million (up 100%). Customer numbers increased by 20%.

In the three months to 30 September 2020, the company saw a 6.5% increase of FUM to $4.32 billion.

The ASX share’s management has advised that for the six months to 31 December 2020, UPAT is expected to between $4.6 million to $5.1 million, which would be a mid-point increase off 11% compared to the prior corresponding period. Strong FUM growth was offset by the impact of superannuation fee reductions.

The latest update from Australian Ethical has been the quarterly update for the three months to 31 December 2020. FUM increased by another 16.9% to $5.05 billion.

More reading

• Looking for diversification? Try this ASX ETF
• 2 ETFs to buy for strong diversification
• These top ETFs could be great options for ASX investors right now
• 2 high quality ETFs for ASX investors to buy today
• ASX 200 rises 0.4%

Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Australian Ethical Investment Ltd. The Motley Fool Australia has recommended Australian Ethical Investment Ltd. and Vanguard MSCI Index International Shares ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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If you’re fed up with the low interest rates, you’re not alone. The good news is that the Australian share market is home to a large number of shares with attractive dividend yields.

Two that have yields above 4.5% and could be worth looking closely at are listed below:

Charter Hall Social Infrastructure REIT (ASX: CQE)

Charter Hall Social Infrastructure REIT is a real estate investment trust that invests in social infrastructure properties. 

At present the company owns a total of 371 properties across the ANZ region worth $1.3 billion and has a sky high 99.5% occupancy rate. These properties include childcare centres and government buildings such as bus terminals, emergency services command centres, and council properties.

Management believes that targeting these types of assets will result in high tenant retention rates over the long term and ongoing capital growth.

One broker that is a fan of the company is Goldman Sachs. It has a conviction buy rating and $3.35 price target on its shares. Goldman is also forecasting a 15 cents per share dividend in FY 2021.

Based on the current Charter Hall Social Infrastructure REIT share price, this represents a 4.85% yield.

Super Retail Group Ltd (ASX: SUL)

Another dividend share to consider is Super Retail. It is the company behind popular retail store brands BCF, Macpac, Rebel, and Super Cheap Auto.

With international borders closed, Super Retail has been one of the retailers to benefit most from a redirection of consumer spending. So much so, it is expecting to report a 23% increase in half year sales this month.

And thanks to margin expansion, management expects its half year profits to more than double. It is forecasting normalised net profit after tax in the range of $174 million to $177 million. This will be a 135% to 139% increase on the prior corresponding period.

Goldman Sachs is also positive on Super Retail. It has a buy rating and $14.80 price target on its shares. In addition, its analysts are expecting the company to pay a fully franked dividend of 78 cents per share in FY 2021. Based on the latest Super Retail share price, this represents an enormous 6.8% dividend yield.

More reading

• 2 ASX dividend shares with very attractive yields
• The ASX small cap with the best global expansion potential may not be tech
• 3 ASX dividend shares rated as strong buys by brokers
• 2 quality ASX dividend shares with attractive yields
• Leading broker tips Super Retail (ASX:SUL) share price to rocket higher

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Super Retail Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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On Friday the S&P/ASX 200 Index (ASX: XJO) finished a very positive week with a strong gain. The benchmark index rose 1.1% to 6,840.5 points.

Will the market be able to build on this on Monday? Here are five things to watch:

ASX 200 expected to rise

The ASX 200 is expected to open the week slightly higher. According to the latest SPI futures, the benchmark index is poised to rise 5 points at the open. This follows a positive end to the week on Wall Street, which saw the Dow Jones rise 0.3%, the S&P 500 climb 0.4%, and the Nasdaq push 0.6% higher. The S&P 500 climbed 4.7% over the five days, which was its best weekly performance since November.

Oil prices climb

Energy producers such as Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) could start the week with a gain after oil prices pushed higher. According to Bloomberg, the WTI crude oil price rose 1.1% to US$56.85 a barrel and the Brent crude oil price climbed 0.9% to US$59.34 a barrel. Oil prices hit their highest levels in a year after rising ~6% for the week.

REA Group shares given buy rating

The REA Group Limited (ASX: REA) share price will be on watch this morning after analysts at Goldman Sachs retained their buy rating and lifted their price target on the real estate listings company’s shares to $159.00. This follows the release REA Group’s half year update last week. Goldman’s analysts “continue to believe the FY22 outlook remains extremely robust, forecasting +17% EBITDA growth”

Gold price pushes higher

It could be a positive day for gold miners such as Newcrest Mining Limited (ASX: NCM) and Northern Star Resources Ltd (ASX: NST) after the gold price pushed higher on Friday. According to CNBC, the spot gold price rose 1.2% to US$1,813.00 an ounce. This couldn’t stop the precious metal from recording a 2% decline for the week.

Zip to list in the US?

The Zip Co Ltd (ASX: Z1P) share price will be one to watch amid speculation the company could be considering a secondary listing in the United States. This is expected to give the company greater access to US capital markets. According to the AFR, management will spend the next few days in front of US investors

More reading

• Could these exciting small cap ASX shares be the next big thing?
• Why ASX miners will get a double tailwind from Biden’s US$1.9tn stimulus
• 5 things to watch on the ASX 200 next week
• These were the best performing ASX 200 shares last week
• These were the worst performing ASX 200 shares last week

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 has recommended REA Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Earlier today I had a look at a couple of shares that might be suitable for investors with a high risk tolerance. You can read about them here.

On this occasion, I’m going to move down to the opposite end of the risk scale, to companies which would be suitable for those in retirement with a lower tolerance for risk.

Here’s why these ASX shares could be suitable for a well-balanced retirement portfolio:

Transurban Group (ASX: TCL)

The first option to consider is Transurban. It is one of the world’s leading toll road operators and the owner of a collection of important roads in Australia and North America.

Due to the quality of these assets, the time savings they offer, and their strong pricing power (in non-COVID times), Transurban appears to be well-placed to increase its dividend at a solid rate over the next decade once the pandemic passes.

Analysts at Ord Minnett think now could be a good time to invest. Late last month the broker upgraded Transurban’s shares to an add rating with a price target of $16.50. The broker is forecasting a 42.8 cents per share dividend in FY 2021 and then a 56.9 cents per share dividend in FY 2022. 

Based on the latest Transurban share price of $13.69, this will mean forward yields of 3.1% and 4.15%, respectively.

Wesfarmers Ltd (ASX: WES)

Another ASX 200 share that could be a good option for a retirement portfolio is Wesfarmers.

Thanks to the quality of its portfolio, which includes brands such as Bunnings, Catch, and Kmart, Wesfarmers appears well-positioned for growth over the long term. Also boosting its growth should be its industrial businesses, which have positive outlooks as well. This is certainly the case with its Kidman Resources business, which is exposed to the lithium boom.

In addition to this, Wesfarmers has a proud history of making successful earnings accretive acquisitions. Given its strong balance sheet, it has the capacity to make more of these in the future.

Last week analysts at Macquarie upgraded the company’s shares to an outperform rating with a $60.00 price target. The broker has pencilled in dividends of 150.3 cents per share and 155.9 cents per share for the next two years. Based on the current Wesfarmers share price, this represents fully franked forward yields of 2.7% and 2.8%, respectively.

More reading

• Brokers name 3 ASX shares to buy right now
• Why the Wesfarmers (ASX:WES) share price has soared 24% in a year
• 2 ASX dividend shares with very attractive yields
• 4 most trusted ASX companies (and the 4 least trusted)
• 2 ASX 200 shares to buy for growth

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of Transurban Group and Wesfarmers Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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If you’re looking for an easy way to invest in international shares for diversification, then exchange traded funds (ETFs) could be just what you need.

But which ETFs should you look at? One to consider is the BetaShares Asia Technology Tigers ETF (ASX: ASIA).

Why the BetaShares Asia Technology Tigers ETF?

The BetaShares Asia Technology Tigers ETF could be a great option for investors that are looking for exposure to international tech shares.

This is because this fund gives investors exposure to a number of the most exciting tech shares in the Asia market (excluding Japan).

Among the fund’s holdings you will find the likes of, Alibaba, Baidu, JD.com, Meituan Dianping, Pinduoduo, Samsung, and Tencent.

What do these companies do?

To give you an idea of what you are investing in, I thought I would give you a little summary of what these companies do.

The first one I’m going to look at is Baidu. It is often referred to as China’s version of Google.

As you may be aware, much to the delight of Baidu, Google is not able to operate in China. This has allowed it to become the dominant search engine in the country by some margin.

In addition to this, the company is responsible for the iQIYI video streaming service, which is China’s equivalent of Netflix. At the end of September, iQIYI’s paid subscribers reached 104.8 million. This compares to 203.7 million Netflix subscribers globally.

Another company included in the ETF is Alibaba. It is the Amazon of China and at the end of September had 757 million annual active customers. The company is estimated to control a sizeable 56% of China’s e-commerce market across its numerous brands.

Finally, another company in the fund is Meituan Dianping. Through its app, it connects consumers with local businesses for food deliveries, hotel bookings, and movie tickets, among many other services. At the end of the second quarter of FY 2020, Meituan Dianping was making 24.5 million food deliveries per day and had a total of 476.5 million users.

Given the quality in this fund and their strong growth, it will come as no surprise to learn that the BetaShares Asia Technology Tigers ETF has vastly outperformed the ASX 200 over the last 12 months.

Since this time in 2020, the BetaShares Asia Technology Tigers ETF share price has charged X% higher.

More reading

• 2 great ETFs to buy for growth potential
• 2 outstanding ASX tech shares to buy
• 2 outstanding ETFs for ASX investors to buy in February
• 2 ETFs to buy for strong diversification
• 2 excellent ETFs for ASX investors in February

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended BetaShares Asia Technology Tigers ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Smaller ASX dividend shares can offer just as large dividend yields as bigger businesses.

Here are two little-known businesses that have income yields bigger than the market average:

360 Capital REIT (ASX: TOT)

According to the ASX, 360 Capital REIT has a market capitalisation of $121 million.

This is a real estate investment trust (REIT) which invests across the entire real estate industry to take advantage of varying market conditions in order to maximise returns for investors.

It is managed by 360 Capital Group Ltd (ASX: TGP), which is an investment and funds management group, focused on strategic and active investment management of alternative assets.

360 Capital REIT recently changed its strategy to focus on equity investing in real estate assets and businesses and exiting its debt investments.

The ASX dividend share recently completed the sale of its Penrith shopping centre asset, in line with the book value.

A recent investment that the business made was acquiring a 9.18% stake in Irongate Group (ASX: IAP) for approximately $78.6 million. Irongate is an ASX-listed diversified REIT with approximately $1.1 billion of assets on the balance sheet and a third-party funds management platform. It also announced it had agreed terms to become a major equity partner in an unlisted real estate funds management platform with settlement expected this month.

The ASX dividend share explained that based on the recurring nature of the income from these investments, the REIT decided to provide guidance of 6 cents per unit for FY21. At the current 360 Capital REIT share price, it has a FY21 distribution yield of 6.8%.

At the FY20 result, which was released almost six months ago, the business said that it had net tangible assets (NTA) per share of $1.13. The current 360 Capital REIT share price is trading at a 22% discount to its NTA.

Pengana Capital Group Ltd (ASX: PCG)

Pengana is a fund manager that predominately provides investment services to retail investors. According to the ASX, Pengana has a market capitalisation of $181 million. 

The last funds under management (FUM) update showed that the FUM had grown to $3.6 billion, up from $3.5 billion in the previous monthly update.

Pengana has a number of different investment strategies for investors to utilise. It has Australian multi-caps, Australian small caps, global multi-caps, global small caps and global private equity.

The ASX dividend share believes that it has a long-term and loyal customer base of financial advisors, retail investors and high net worth individuals with more than 20% in listed vehicles.

Listed investments have a stable pool of funds which allows it to invest for the long-term and provides consistent management fees.

One of the ways that Pengana plans to grow is overseas expansion. It bought two thirds of Lizard Investors in the US, Pengana plans to help it increase its FUM whilst also transforming Lizard into a platform for managing other strategies.

Pengana management think that eventually Lizard can grow to become the same size as the Australian business.

At the current Pengana share price, it has a grossed-up dividend yield of 6.3%.

More reading

• 3 small ASX dividend shares with big yields
• 3 secret ASX dividend shares with large yields

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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If your risk profile allows for it, then having a little exposure to the small side of the market could be a good thing for a balanced portfolio.

After all, you only have to look at how companies like Afterpay Ltd (ASX: APT) and Zip Co Ltd (ASX: Z1P) have gone from being small caps flying under the radar to multi-billion dollar industry giants in just a few short years.

But which ASX small cap shares should you look at? Here are two to become better acquainted with:

IntelliHR Ltd (ASX: IHR)

The first small cap to look at is IntelliHR. It is a cloud-based human resources and people management platform provider that has been growing at a solid rate over the last 12 months.

For example, IntelliHR recently released its second quarter update and revealed a $0.5 million or 23% quarter on quarter increase in its Annual Recurring Revenue (ARR) to $2.9 million. Management advised that this strong growth was achieved thanks to the addition of a record 24 new paying customers. This increased its total contracted customers to 151, which was 26% higher than the first quarter.

According to a recent presentation, the company’s global addressable market is in excess of $38 billion. This gives it a significant runway for growth over the next decade and beyond.

Whispir (ASX: WSP)

Whispir is a software-as-a-service communications workflow platform provider. Its popular platform automates communications between organisations and people. This enables users to improve their communications through automated workflows to ensure stakeholders receive accurate, timely, useful, and actionable insights.

An example of this is the government using Whispir’s platform during the height of the COVID-19 pandemic. This included interactive two-way messages and real-time updates to sufferers and those who had been in the close contact with someone with COVID-19, as well as daily communications with those in self-isolation.

Whispir’s has been a very positive performer in FY 2021. The company recently released its second quarter update and revealed ARR growth of 29.2% to $47.4 million. Management advised that this was driven by ongoing demand for communications software to automate processes and improve stakeholder engagement.

The good news is that this represents less than 1% of an overall market opportunity which is estimated to be worth US$8 billion per year by 2024.

More reading

• These were the best performing ASX 200 shares last week
• ASX 200 rises 1%, Zip soars, REA reports
• Afterpay (ASX:APT) share price higher following PayPal’s BNPL update
• 2 ASX growth shares to buy right now
• Leading broker tips 3 ASX shares to positively surprise during earnings season

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 and recommends Whispir Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of AFTERPAY T FPO and ZIPCOLTD FPO. The Motley Fool Australia has recommended Whispir Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Some blue chip ASX shares out there are rated as buys by brokers.

It can sometimes be worth taking into account what brokers think because they are constantly looking at which shares look good value and what investments could make money. They have access to research and tools that many retail investors don’t.

Here are two blue chip ASX shares:

Macquarie Group Ltd (ASX: MQG)

Macquarie is one of the biggest businesses on the ASX with a market capitalisation of $48.7 billion, according to the ASX.

The investment bank is currently liked by two brokers, including Morgan Stanley. The broker thinks that the FY21 third quarter profit will be roughly in line with last year’s figures. However, an improving economic environment could see Macquarie match or even exceed the market’s expectations for the FY21 result.

In early November the business reported its FY21 half year result, which included a lot of COVID-19 pain. It said that net profit was down 32% compared to the prior corresponding period, with credit and impairment charges of $447 million, up from $139 million, primarily related to a deterioration in the current and expected economic conditions.

At 30 September 2020, the blue chip ASX share had $556.3 billion of assets under management (AUM), which was down 7% from 31 March 2020.

Macquarie recently announced the acquisition of Waddell & Reed Financial, a US-based asset and wealth manager for US$1.7 billion. Macquarie plans to divest one segment of Waddell & Reed and keep the asset management business which had US$68 billion of AUM.

The blue chip ASX share said that increased scale and diversification of the combined platform will create significant long-term benefits for clients, advisors and shareholders.

According to Commsec, the Macquarie share price is valued at 16x FY23’s estimated earnings.

CSL Limited (ASX: CSL)

CSL is one of the biggest biotech businesses in the world with a market capitalisation of just over $125 billion, according to the ASX.

The blue chip ASX share is currently liked by at least three brokers.

Brokers like the portfolio of assets and products that CSL has, giving it growth options such as the cardiovascular opportunity.

However, there have been problems with plasma collection due to the COVID-19 pandemic. CSL said it’s being restrained and there are higher costs for collection, but it does have multiple initiatives underway to mitigate the impact.

We’ll soon hear the FY21 half-year result from the healthcare giant. But the company did give an update at its annual general meeting (AGM).

CSL is expecting strong demand for its plasma and recombinant therapies to continue. In Seqirus, it’s expected to continue to benefit from its differentiated products and strong demand for influenza vaccines, driven in part by governments wanting to protect their populations from contracting two viruses.

The blue chip ASX share also said that sales of albumin are expected to normalise after the successful transition to the new business model in China.

In terms of research and development, CSL said that its response to COVID-19 as well as new initiatives will put upward pressure on the research and development expense, but this is still within 10% to 11% of the revenue guidance.

FY21 revenue is expected to grow by between 6% to 10%, whilst net profit after tax (NPAT) is expected to grow by 3% to 8% to US$2.17 billion to US$2.265 billion.

According to Commsec, the CSL share price is valued at 34x FY23’s estimated earnings.

More reading

• Top brokers name 3 ASX shares to sell next week
• 5 things to watch on the ASX 200 next week
• 3 compelling ASX shares to buy in February
• 2 compelling ASX 200 blue chip shares to buy in February
• Top ASX shares to buy in February 2021

Tristan Harrison 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 Macquarie Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Last week saw a number of broker notes hitting the wires once again. Three buy ratings that caught my eye are summarised below.

Here’s why brokers think investors ought to buy them next week:

Australia and New Zealand Banking GrpLtd (ASX: ANZ)

According to a note out of Morgans, its analysts have retained their add rating and lifted the price target on this banking giant’s shares to $28.50. The broker made the move ahead of a series of updates in the sector during February. Morgans suspects that credit impairment charges could positively surprise this month based on APRA’s COVID loan deferral updates. Looking ahead, the broker is expecting ANZ to pay shareholders a dividend of $1.27 per share in FY 2021. The ANZ share price ended the week at $25.29. This means its shares potentially offer both decent upside and a dividend yield of 5%.

Kogan.com Ltd (ASX: KGN)

A note out of Credit Suisse reveals that its analysts have retained their outperform rating and lifted the price target on this ecommerce company’s shares to $21.08. According to the note, Kogan delivered a half year update in line with the broker’s expectations. Looking ahead, Credit Suisse believes the company is well-placed for growth thanks to the acquisition of Mighty Ape, its expanding product range, and the shift to online shopping. The Kogan share price last traded at $17.28.

ResMed Inc. (ASX: RMD)

Analysts at Credit Suisse have retained their outperform rating and $29.50 price target on this sleep treatment-focused medical device company’s shares. According to the note, the broker believes ResMed is well-placed to benefit from a shift to home healthcare. This follows the company’s investment in the out of hospital space over the last few years. This includes the US$800 million acquisition of Brightree in 2016. The ResMed share price ended the week at $26.70.

More reading

• How to turn $20,000 into $1 million in 10 years with ASX shares
• CBA (ASX:CBA) share price rises as bank cuts savings rate
• Westpac (ASX:WBC) share price to close gap with CBA (ASX:CBA) says Morgans
• This chart shows why the ASX bull market can keep running
• Commonwealth Bank (ASX:CBA) tipped to increase dividend by 50% next week

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Kogan.com ltd. The Motley Fool Australia has recommended ResMed Inc. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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