Tag: Motley Fool

If you’ve been a bunny and missed out on the 3.45% gains already delivered by the S&P/ASX 200 Index (ASX: XJO) so far in 2024, fear not! Because, right now is an egg-cellent time to treat yourself to some sweet new investments.

But remember, when it comes to buying ASX shares, you’d be hopping mad to put all your eggs in one basket.

That’s why we sent our Foolish writers on a hunt to find you a top assortment of investments to crack open this month.

Here is what they came up with:

7 best ASX shares for April 2024 (smallest to largest)

• Mesoblast Ltd (ASX: MSB), $631.37 million
• Accent Group Ltd (ASX: AX1), $1.14 billion
• PSC Insurance Group Ltd (ASX: PSI), $1.98 billion
• Neuren Pharmaceuticals Ltd (ASX: NEU), $2.71 billion
• Xero Ltd (ASX: XRO), $20.23 billion
• Newmont Corporation (ASX: NEM), $61.9 billion
• Goodman Group (ASX: GMG), $64.21 billion

(Market capitalisations as of market close 28 March 2024).

Why our Foolish writers love these ASX stocks

Mesoblast Ltd

What it does: Mesoblast is a clinical-stage biotech company developing allogeneic cellular medicines to treat diseases resistant to conventional care. Its portfolio of Phase 3 product candidates includes remestemcel-L, developed to treat steroid-refractory acute graft versus host disease.

By Bernd Struben: Granted, investors buying Mesoblast in April will have missed out on the biotech stock’s remarkable finish to March. That saw shares close up 45% on Tuesday and gain a further 17% across the following two days.

But I believe there could be more strong gains ahead.

Earlier this year, Mesoblast provided additional product characterisation on remestemcel-L to the US Food and Drug Administration (FDA). The FDA had previously sidelined the company’s proposed Biologics License Application (BLA) for the medicine.

Last week, the FDA said it believed the company had now shown sufficient results to support the BLA submission for remestemcel-L. Mesoblast intends to resubmit this in the next quarter.

Should that prove successful, Mesoblast could see another big share price surge.

Motley Fool contributor Bernd Struben does not own shares of Mesoblast Ltd.

Accent Group Ltd

What it does: Accent acts as the distributor in Australia for a number of international shoe brands, such as Hoka, Kappa, Vans, Skechers, Ugg, Herschel, CAT, and more. It also has its own businesses, including The Athlete’s Foot, Nude Lucy, Glue Store, and Stylerunner.

By Tristan Harrison: I recently invested in this ASX 300 retail stock, and it’s my pick this month.

The FY24 first-half result saw profitability challenged, but the company added dozens more stores to its network. I think it’s well-positioned to rebound strongly when retail conditions improve, particularly when interest rate cuts eventually happen.

The Accent share price has dropped since mid-February 2024, even though sales showed positive signs in the first few weeks of the second half of FY24. I used this as an opportunistic time to increase my holding.

As a bonus, Accent’s grossed-up dividend yield is projected to be 10% in FY26, according to Commsec estimates.

Motley Fool contributor Tristan Harrison owns shares of Accent Group Ltd.

PSC Insurance Group Ltd

What it does: PSC Insurance Group is an insurance company operating across Australia, New Zealand, and the United Kingdom. The business commonly serves small and medium-sized enterprises in brokering insurance deals – linking the insurance provider with the customer.

By Mitchell Lawler: A long track record of successful execution is a great place to start for selecting a company to invest in. Since its founding in 2006, PSC Insurance has gone from strength to strength, growing from $810,000 in revenue to $308 million. 

There are two characteristics that make this business my top stock in April. Firstly, it bears no risk as a broker, simply collecting a fee for being a middle operator. That lends itself well to a strongly profitable operation. Secondly, key personnel inside the company hold a large financial interest in it.

For a business growing at the rate that PSC Insurance is, I don’t believe the 30 times price-to-earnings (P/E) ratio is too much of an ask. Furthermore, it was revealed on 13 March that interested parties could be looking to lob a bid at PSC Insurance – supporting the view public markets might be underappreciating this company.  

Motley Fool contributor Mitchell Lawler does not own shares of PSC Insurance Group Ltd.

Neuren Pharmaceuticals Ltd

What it does: Neuren Pharmaceuticals develops treatments for rare neurological conditions.

By Tony Yoo: Neuren was the best-performing stock on the ASX 200 last year, but its lustre has worn off in recent times, losing around 15% so far in 2024.

The main reason for this is a short seller criticising the effectiveness and popularity of its Daybue product, which is sold by Neuren’s US distributor Acadia Pharmaceuticals Inc.

I feel like this is an opportunity to buy a high-growth stock for cheap, as multiple experts have expressed doubt about the claims made in the short report.

All six analysts covering Neuren shares are sticking with a buy rating, according to broking platform CMC Invest.

Motley Fool contributor Tony Yoo does not own shares of Neuren Pharmaceuticals Ltd.

Xero Ltd

What it does: Xero is a New Zealand–based technology company that provides cloud-based accounting software for small businesses. 

By James Mickleboro: Although Xero shares have been very strong performers so far in 2024, I don’t believe it is too late to invest. Especially if you’re a patient buy-and-hold investor.

That’s because I believe the company has a multi-decade runway for growth thanks to its global market opportunity. For example, analysts at Goldman Sachs estimate that Xero has a total addressable market of more than 100 million small-to-medium-sized businesses, representing a revenue opportunity of over NZ$100 billion. This compares to its current annualised revenue of approximately NZ$1.8 billion.

Both Goldman and Citi are feeling very bullish about the company’s outlook. They put buy ratings with $152.00 and $159.00 price targets, respectively, on Xero shares in March.

Motley Fool contributor James Mickleboro owns shares of Xero Ltd.

Newmont Corporation

What it does: The America-based Newmont is now the largest gold miner on the ASX, thanks to its merger with the old Newcrest last year. This company owns several large mines all over the world.

By Sebastian Bowen: Newmont has been catching my eye as we head into April. The gold price has spent the past few weeks hitting new record highs, both in US dollar terms and in our local currency. Yet the Newmont share price has not reflected this, and is still down around 14% from its December highs. 

Given this is one of the best gold miners in the world, with low production costs and high reserves, I think Newmont shares are showing significant value today.

If gold prices remain high (which I think is likely if interest rates start falling this year), Newmont shares might look like a bargain today in hindsight. 

Motley Fool contributor Sebastian Bowen owns shares of Newmont Corporation.

Goodman Group

What it does: Goodman is Australia’s largest real estate investment trust (REIT) and specialises in global industrial property like data centres and warehouses. 

By Bronwyn Allen: The Goodman share price has been rising at nearly quadruple the rate of its property sector peers, and it was one of the top five most profitable large-cap ASX 200 shares in 2023.

Goodman’s success is largely due to its point of difference in industrial property, which is in high demand due to the expanding digital economy and the rise of artificial intelligence.

And while Goodman shares hit a new 52-week high of $34.07 last Thursday, top broker Macquarie gives the stock an outperform rating with a 12-month price target of $34.84. 

Motley Fool contributor Bronwyn Allen owns shares of Goodman Group and Macquarie Group Ltd.

The post Top ASX shares to buy in April 2024 appeared first on The Motley Fool Australia.

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More reading

• Experts name 3 excellent ASX growth shares to buy in April
• Here’s how the ASX 200 market sectors stacked up last week
• 5 top ASX dividend shares to buy right now
• Why Mesoblast, Newmont, Pilbara Minerals, and Platinum shares are jumping
• Why ASX 200 gold stocks dazzled shareholders in March

Citigroup is an advertising partner of The Ascent, a Motley Fool company. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group, Goodman Group, Macquarie Group, PSC Insurance Group, and Xero. The Motley Fool Australia has positions in and has recommended Macquarie Group and Xero. The Motley Fool Australia has recommended Accent Group, Goodman Group, and PSC Insurance Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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If you have room in your portfolio for some new ASX growth shares in April, then it could be worth checking out the three listed below.

That’s because they have all recently been named as buys and tipped to rise meaningfully from current levels.

Here’s what you need to know about these top growth shares:

Megaport Ltd (ASX: MP1)

The first ASX growth share to look at is Megaport. It is a leading global provider of elastic interconnection services, which has been growing at a rapid rate in recent years thanks to the cloud computing boom.

Macquarie believes this strong form can continue and is forecasting explosive earnings growth over the coming years.

As a result, the broker recently retained its outperform rating on Megaport’s shares with an improved price target of $18.00.

TechnologyOne Ltd (ASX: TNE)

The team at Goldman Sachs has tipped enterprise software provider TechnologyOne as an ASX growth share to buy.

The broker thinks that the company is well-positioned for strong long-term growth and highlights that it is trading “at a discount to SaaS peers when adjusting for its growth outlook.” This is despite its market leadership, defensive end markets, and mission-critical systems that it believes deserve to “command a premium valuation.”

Goldman has a buy rating and $18.05 price target on Technology One’s shares.

Xero Ltd (ASX: XRO)

A final ASX growth share that could be a buy in April is Xero. It is a cloud accounting platform provider with an estimated market opportunity of 100 million small to medium sized businesses.

The team at Citi is very positive on the company and still sees plenty of upside for its shares despite their strong gains this year.

The broker currently has a buy rating and $159.00 price target on them.

The post Experts name 3 excellent ASX growth shares to buy in April appeared first on The Motley Fool Australia.

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More reading

• Experts name 4 top ASX artificial intelligence shares
• 3 of the best ASX tech shares to buy and hold until 2030
• Buy these ASX 200 blue chip shares for big returns
• Here are the top 10 ASX 200 shares today
• 3 of the best ASX growth shares to buy now

Citigroup is an advertising partner of The Ascent, a Motley Fool company. Motley Fool contributor James Mickleboro has positions in Xero. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group, Macquarie Group, Megaport, Technology One, and Xero. The Motley Fool Australia has positions in and has recommended Macquarie Group and Xero. The Motley Fool Australia has recommended Megaport and Technology One. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The lithium industry has come under significant pressure over the last 12 months due to falling battery materials prices.

While this is disappointing, it could have created a buying opportunity for investors.

For example, listed below are three ASX lithium shares that analysts are bullish on:

Arcadium Lithium (ASX: LTM)

There could be big returns on offer with this lithium giant according to analysts at Bell Potter. The broker has a buy rating and $10.40 price target on the ASX lithium share.

Its analysts are bullish due to its diversified exposure to lithium. They said:

LTM provides the largest, most diversified exposure to lithium in terms of mode of upstream production, asset locations, downstream processing and customer markets. It is a key large-cap leverage to lithium prices and sentiment, which we expect to improve over the medium term. The group has a strong balance sheet and growth portfolio.

Liontown Resources Ltd (ASX: LTR)

The team at Bell Potter also sees a huge amount of value in this lithium developer. The broker currently has a speculative buy rating and $1.90 price target on its shares.

It was very pleased with the company’s recent funding news and highlights that its Kathleen Valley (KV) lithium project has a lot of strategic value. It said:

With the near-term funding overhang reduced, we have lifted our LTR valuation to $1.90/sh (previously $1.60/sh). LTR’s 100% owned KV lithium project remains highly strategic in terms of its stage of development, long mine life and location. LTR has offtake contracts with top tier EV and battery OEMs (Ford, LG Energy Solution and Tesla). Hancock Prospecting has a 19.9% interest in LTR. LTR is an asset development company; our Speculative risk rating recognises this higher level of risk.

Pilbara Minerals Ltd (ASX: PLS)

Finally, analysts at Morgans are feeling very positive on this lithium giant. The broker currently has an add rating and $4.30 price target on the ASX lithium share.

It supports the company’s decision to grow production during these tough times. It said:

We view PLS as a fundamentally strong and globally significant hard-rock lithium miner. The company has successfully executed on ramping up the expansion of Pilgangoora, while progressing plans to expand output (P680 and P1000). Supported by a strong balance sheet, with net cash at ~A$2.1bn at the end of December, PLS’ expansion plans remain uniquely undeterred by the significant weakness in lithium prices. For PLS, the best form of defence against lithium prices is to stay on the attack, with its medium-term plans to continue expanding its production aimed primarily at building greater economies of scale and a more defensive margin.

The post Buy Pilbara Minerals and these ASX lithium shares for big returns appeared first on The Motley Fool Australia.

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More reading

• Here are the top 10 ASX 200 shares today
• Why Mesoblast, Newmont, Pilbara Minerals, and Platinum shares are jumping
• ASX mining in April 2024: The best stock to buy right now
• Are Pilbara Minerals shares in the buy zone or overvalued?
• 5 things to watch on the ASX 200 on Tuesday

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. 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 Scott Phillips.

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It has been another busy week for Australia’s top brokers. This has led to the release of a number of broker notes.

Three broker buy ratings that you might want to know more about are summarised below. Here’s why brokers think these ASX shares are in the buy zone:

Platinum Asset Management Ltd (ASX: PTM)

According to a note out of Bell Potter, its analysts have upgraded this fund manager’s shares to a buy rating with an improved price target of $1.20. This follows the release of a turnaround program and funds update. The broker was very pleased with the former, noting that its reduced cost base could have a very positive impact on its earnings. As a result, it has upgraded its earnings estimates materially in FY 2025 and FY 2026. All in all, Bell Potter believes the turnaround program means that the risk/reward has now shifted to the upside. The Platinum share price ended the week at $1.08.

Premier Investments Limited (ASX: PMV)

A note out of Morgan Stanley reveals that its analysts have retained their overweight rating on this retail giant’s shares with an increased price target of $38.00. This follows the release of Premier Investments’ half-year results, which revealed earnings comfortably ahead of guidance. Morgan Stanley was also pleased with its plans to divest its Smiggle and Peter Alexander businesses in 2025. Overall, the broker feels that Premier Investments is the top pick in the industry for investors right now. The Premier Investments share price was fetching $32.81 at Thursday’s close.

Webjet Ltd (ASX: WEB)

Analysts at UBS have retained their buy rating on this online travel agent’s shares with an improved price target of $10.00. According to the note, the broker was pleased with Webjet’s update on the WebBeds business last week. After working through the presentation, it believes that the company is well-positioned to accelerate its growth through the use of big data and artificial intelligence. So much so, UBS believes the company can grow quicker than consensus estimates. The Webjet share price ended the week at $8.83.

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

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More reading

• Here are the top 10 ASX 200 shares today
• Brokers name 3 ASX shares to buy now
• Why Mesoblast, Newmont, Pilbara Minerals, and Platinum shares are jumping
• Top brokers name 3 ASX shares to buy today
• Why 29Metals, Brainchip, Platinum, and Premier Investments shares are falling today

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Premier Investments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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Are you searching for ASX dividend shares to buy with big dividend yields when the market reopens?

If you are then I have some good news for you. Listed below are a couple of dividend shares analysts think are top buys and expect big yield from in the coming years.

Here’s what they are saying about them:

Healthco Healthcare and Wellness REIT (ASX: HCW)

The team at Bell Potter thinks that this healthcare and wellness focused property company could be an ASX dividend share to buy. The broker has an add rating and $1.61 price target on its shares.

As for dividends, its analysts are forecasting dividends of 8 cents per share in both FY 2024 and FY 2025. Based on its current share price of $1.27, this will mean yields of 6.3% for investors.

The broker likes the company due its attractive valuation and huge addressable market. It notes that “HCW has significant scope for growth with an estimated $218 billion addressable market where an ageing and growing population should underpin long-term sector demand.”

QBE Insurance Group Ltd (ASX: QBE)

Another ASX dividend share to look at is QBE. Goldman Sachs is a fan of the insurance giant and has a buy rating and $18.65 price target on its shares.

As for income, the broker is forecasting dividends of 62 US cents per share in FY 2024 and 61 US cents per share in FY 2025. Based on the current QBE share price of $18.13, this equates to yields of 5.25% and 5.2%, respectively.

Goldman likes QBE because it “has the strongest exposure to the commercial rate cycle.” It also feels its “valuation [is] not demanding.”

The post 2 ASX dividend shares with 5%+ yields to buy next week appeared first on The Motley Fool Australia.

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More reading

• 13 ASX 200 shares at 52-week highs
• 5 things to watch on the ASX 200 on Wednesday
• Why these excellent ASX dividend shares have been named as buys
• Where I’d invest $30,000 in ASX shares for passive income
• Analysts say these ASX dividend shares are strong buys

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group. 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 Scott Phillips.

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ASX property shares and real estate investment trusts (REITs) led the ASX 200 market sectors last week, with a 3.09% gain over the four trading days leading up to the Easter long weekend.

The S&P/ASX 200 Index (ASX: XJO) rose 1.73% over the week to finish at 7,896.9 points on Thursday.

Most of the week’s gains occurred on Thursday when the ASX 200 reset its previous high that was hit on 8 March. The benchmark index went to an intraday peak of 7,901.2 points.

This followed a strong night on Wall Street, with the S&P 500 rising 0.9% to reset its own record close.

Share prices are rising because investors are feeling pretty confident that inflation is on a sustained downward trajectory, raising hopes of interest rate cuts soon.

Many economists in Australia are tipping a rate cut late in the second half of the year.

Investors were also buoyed by a better-than-expected February earnings season, with profits weaker overall but dividends still plentiful.

And the market remains excited about the potential of artificial intelligence and other major investment thematics such as uranium and renewable energy.

Ten of the 11 market sectors finished the week in the green.

Let’s recap.

Property shares led the ASX sectors last week

A bunch of ASX 200 shares hit new annual peaks on Thursday, including the four biggest property shares.

Goodman Group (ASX: GMG) shares rose by 5.51% over the four days to finish the week at $33.81 per share. The industrial property specialist hit a new 52-week high of $34.07 on Thursday.

Scentre Group (ASX: SCG) shares also hit a new 52-week high on Thursday at $3.42. The stock closed at $3.39, up 0.59% over the four trading days.

Stockland Corporation Ltd (ASX: SGP) shares gained 1.46% to finish at $4.85 on Thursday. It also reached a new 52-week high of $4.90 on Thursday.

Vicinity Centres (ASX: VCX) shares rose 1.66% to close at $2.13 on Thursday after hitting an intraday 52-week high of $2.15.

ASX 200 market sector snapshot

Here’s how the 11 market sectors stacked up last week, according to CommSec data.

Over the four trading days:

S&P/ASX 200 market sector	Change last week
A-REIT (ASX: XPJ)	3.09%
Energy (ASX: XEJ)	2.84%
Healthcare (ASX: XHJ)	2.83%
Consumer Staples (ASX: XSJ)	2.66%
Industrials (ASX: XNJ)	2.14%
Materials (ASX: XMJ)	2.05%
Communication (ASX: XTJ)	1.23%
Consumer Discretionary (ASX: XDJ)	1.15%
Utilities (ASX: XUJ)	1.13%
Financials (ASX: XFJ)	0.95%
Information Technology (ASX: XIJ)	(0.7%)

The post Here’s how the ASX 200 market sectors stacked up last week appeared first on The Motley Fool Australia.

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More reading

• These were the best-performing ASX 200 shares in March
• Here are the top 10 ASX 200 shares today
• Boom! ASX 200 blasts to new record highs
• 13 ASX 200 shares at 52-week highs
• 5 things to watch on the ASX 200 on Thursday

Motley Fool contributor Bronwyn Allen has positions in Goodman Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goodman Group. The Motley Fool Australia has recommended Goodman Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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It’s likely that most Australians regard superannuation and their respective super funds as important. After all, it’s always in the media, and talk about its importance to a comfortable retirement is easy to find. Plus, we often hear about superannuation policy every time there is a budget or an election.

However, superannuation is probably vastly underestimated as a pillar of every Australian’s personal wealth. When you think about it, it’s not such a stretch though. After all, 11% of most Australian’s take-home pay immediately goes into our super funds. That adds up after a while, particularly given this money is typically invested in growth assets like bonds and ASX shares.

But just how important is super to our wealth? It’s a good question to ask, given many, if not most, Australians would be able to tell you the value of all of the cash and assets they own – but not the value of their superannuation account.

Well, who better to get an answer to this question from than the Australian Bureau of Statistics (ABS)? The ABS has just released the latest estimates of household wealth in Australia, taken over the quarter ending 31 December 2023.

How much wealth comes from superannuation in Australia?

It makes for some interesting reading. The report found that household wealth in Australia rose over the quarter by 2.8%, or $419 billion, to $15.7 trillion. It was the fifth quarter in a row that saw an increase in household wealth, which, as of 31 December, stands 7.8% higher than where it was 12 months prior.

Residential land and dwellings were the largest factor in this quarterly rise. But the rise of share markets, both the ASX and internationally, helped too. The report found that rising share prices and dividend income saw “households’ direct ownership of shares and other equity” increase by 3.8%, or $51.8 billion.

However, superannuation assets benefitted from the same trends, rising 3.9%. That added a whopping $140.1 billion to household wealth over the quarter.

So out of the $419 billion in increased wealth Australian households enjoyed over the three months to December, $140.1 billion (or just over a third) came from superannuation.

To be fair, the ASX, as well as other international markets, have enjoyed an exceptionally strong and usually high, level of growth over the past five or six months. So this is probably an outsized result for super and its contribution to overall household wealth.

But even so, no one can deny how important superannuation is to Australia after looking at these numbers. Might be time for a super checkup?

The post How important is superannuation to your wealth? appeared first on The Motley Fool Australia.

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More reading

• Buy these fantastic blue chip ASX 200 shares in April
• 2 exciting ASX tech ETFs to buy in April
• These ASX 200 shares could rise 20% to 40%
• With no savings at 40, I’d use Warren Buffett’s golden rule to build wealth with ASX shares
• Experts name 4 top ASX artificial intelligence shares

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. 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 Scott Phillips.

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If you want to build a strong portfolio, then having a few blue chips in there could be a good starting point.

But which blue chip ASX 200 shares could be in the buy zone in April?

Let’s take a look at a couple of high-quality options for investors to consider buying:

CSL Limited (ASX: CSL)

CSL could be a blue chip ASX 200 share to buy. It is one of the world’s leading biotechnology companies, comprising the CSL Behring, CSL Vifor, and CSL Seqirus businesses.

CSL Behring is a global biotech leader with a broad range of biotherapies for rare and serious diseases. Whereas CSL Seqirus is a leader in influenza vaccines and CSL Vifor is a global leader in iron deficiency and nephrology.

UBS is very positive on the company’s outlook and expects double-digit earnings growth over the next three to four years.

As a result, the broker recently put a buy rating and $330.00 price target on the company’s shares. This implies potential upside of 15% for investors from current levels.

Woolworths Limited (ASX: WOW)

Goldman Sachs thinks that Woolworths could be a blue chip ASX 200 share to buy.

As well as being Australia’s largest supermarket operator, it owns Big W, Everyday Rewards, has a growing pet care business, and a collection of technology businesses such as Cartology and Quantium.

Goldman Sachs likes Woolworths due to its industry leadership and potential for more market share gains. The latter is expected to be driven by its loyalty program and omni-channel advantage. It also feels that concerns over inquiries into the supermarket industry are overdone.

The broker currently has a buy rating and $40.40 price target on its shares. This suggests potential upside of 22% for investors over the next 12 months from current levels.

The post Buy these fantastic blue chip ASX 200 shares in April appeared first on The Motley Fool Australia.

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More reading

• Here are the top five ASX 200 shares in Macquarie’s model growth portfolio
• Where to invest $8,000 in April 2024
• CSL share price leaping higher amid $1.9 billion funding news
• 3 ASX shares to buy in 2024 and hold for the next 10 years
• 2 of the best ASX 50 shares to buy now

Motley Fool contributor James Mickleboro has positions in CSL. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL and Goldman Sachs Group. The Motley Fool Australia has recommended CSL. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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One of the most popular exchange-traded funds (ETFs) for investors looking to invest in the tech sector is the Betashares Nasdaq 100 ETF (ASX: NDQ).

This isn’t a surprise. The fund provides investors with easy access to 100 of the largest non-financial companies on the famous NASDAQ index.

This includes giants such as Apple, Microsoft, and Nvidia.

But it isn’t the only way to invest in the tech sector. The two ASX tech ETFs listed below could also be quality options for investors:

BetaShares Global Cybersecurity ETF (ASX: HACK)

The first ASX tech ETF for investors to look at is the BetaShares Global Cybersecurity ETF.

This fund provides investors with access to a cybersecurity sector that is tipped to grow materially in the future.

For example, a recent McKinsey survey reveals that the total opportunity could amount to a massive US$1.5 trillion to US$2.0 trillion addressable market. And while its researchers don’t necessarily believe the “market will reach such a size anytime soon”, it just demonstrates how companies in the sector could have a very long growth runway.

This bodes well for the companies included in the fund, such as Accenture, Cisco, Crowdstrike, and Palo Alto Networks.

VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)

Another ASX tech ETF for investors to consider buying is the VanEck Vectors Video Gaming and eSports ETF.

It gives investors concentrated exposure to the leading players in a global video game market, which is estimated to comprise close to 3 billion active gamers and growing.

In addition, VanEck highlights that this diversified portfolio offers opportunities away from the status quo (Apple, Microsoft, etc) in the tech sector.

Among its holdings are game developers such as Electronic Arts, Nintendo, Roblox, Take-Two, and locally listed Aristocrat Leisure Limited (ASX: ALL).

The post 2 exciting ASX tech ETFs to buy in April appeared first on The Motley Fool Australia.

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More reading

• Which ASX ETFs give Aussie investors access to US stocks?
• Buy and hold these ASX ETFs until 2034
• 2 great ASX ETFs I’d buy and hold forever
• Popular BetaShares ASX ETFs reveal half-yearly results
• This is the next ASX ETF I plan to buy

Motley Fool contributor James Mickleboro has positions in BetaShares Nasdaq 100 ETF. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Accenture Plc, Apple, BetaShares Global Cybersecurity ETF, BetaShares Nasdaq 100 ETF, Cisco Systems, CrowdStrike, Microsoft, Nvidia, and Take-Two Interactive Software. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Electronic Arts and has recommended the following options: long January 2025 $290 calls on Accenture Plc, long January 2026 $395 calls on Microsoft, short January 2025 $310 calls on Accenture Plc, and short January 2026 $405 calls on Microsoft. The Motley Fool Australia has positions in and has recommended BetaShares Global Cybersecurity ETF and BetaShares Nasdaq 100 ETF. The Motley Fool Australia has recommended Apple, CrowdStrike, Nvidia, and VanEck Vectors Video Gaming And eSports ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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If you’re looking for big returns for your portfolio, then now could be a good time to check out the ASX 200 shares listed below.

That’s because brokers are tipping them to rise by 20% to 40% from current levels. They are as follows:

Orora Ltd (ASX: ORA)

Goldman Sachs believes that this packaging company could be an ASX 200 share to buy.

The broker currently has a buy rating and $3.40 price target on its shares. If Goldman is on the money with its recommendation, it will mean a very big return of 25% before dividends. And if you throw in the 5%+ dividend yields the broker expects each year through to FY 2026, the total 12-month return stretches beyond 30%.

Goldman recently said: “We are Buy rated on the stock and believe the current market implied valuation of Saverglass provides a favourable risk-reward skew.”

Ramsay Health Care Ltd (ASX: RHC)

This private hospital operator could be an ASX 200 share to buy according to analysts at Ord Minnett.

The broker currently has an accumulate rating and $68.00 price target on its shares, which suggests potential upside of 20% for investors.

While Ord Minnett acknowledges that the company is facing major post-COVID headwinds, it feels that this is fully priced in (and more) and that its shares are too cheap to ignore at current levels.

South32 Ltd (ASX: S32)

If you’re not against investing in the mining sector, then South32 could be one to consider. That’s the view of analysts at Morgans, which see a huge amount of value in its shares at current levels.

The broker currently has an add rating and $4.10 price target on the diversified miner’s shares. This implies potential upside of 37% for investors from current levels.

It has been pleased with the way management has transformed its portfolio. It commented: “S32 has transformed its portfolio by divesting South African thermal coal and acquiring an interest in Chile copper, substantially boosting group earnings quality, as well as S32’s risk and ESG profile.”

The post These ASX 200 shares could rise 20% to 40% appeared first on The Motley Fool Australia.

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More reading

• 3 ASX 300 dividend shares to buy in April
• These ASX 200 shares could rise 20% to 50%
• Why Amcor, Arafura, Brainchip, and South32 shares are tumbling today
• Why is the South32 share price getting battered today?
• Here is the South32 dividend forecast to 2026

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group. The Motley Fool Australia has recommended Orora. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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