3 top shares I want in my portfolio

Aristocrat Leisure Limited (ASX:ALL) shares are one of three I want in my portfolio right now…

| More on:
a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

There certainly is a lot of quality to choose from on the Australian share market.

But three shares that are at the top of their game right now and top of my shopping listed are listed below.

Here's why I would add them to my portfolio:

Aristocrat Leisure Limited (ASX: ALL)

Aristocrat Leisure has had a stunning 12 months and this has been deservedly reflected in its share price gain of 38.5%. As well as a strong performance from its core business, investors appear to have been especially impressed with the success of its digital business. And rightly so. In its half-year results the company advised that the number of daily active users had grown to a staggering 8.3 million. The recurring revenues that these users generate is highly attractive in my opinion and makes it a standout pick. I'm not the only one that thinks this. Earlier this week Deutsche Bank retained its buy rating and lifted the price target on Aristocrat Leisure's shares to $41.10.

BHP Billiton Limited (ASX: BHP)

This afternoon President Trump did what he has long threatened to do and slapped US$34 billion worth of trade tariffs on Chinese goods. This has unsurprisingly led to China hitting back with tariffs of its own, accusing the United States of launching the largest trade war in history. While there had been fears that this could stifle global economic growth and lead to a decline in commodity prices, Goldman Sachs doesn't expect this to be the case. If Goldman is on the money with this prediction then BHP could be positioned perfectly to continue its strong run in FY 2019.

Bingo Industries Ltd (ASX: BIN)

Bingo Industries is a waste management company that has been kicking goals since listing on the Australian share market last year. The outperformance of its prospectus forecasts and its long-term growth plans appear to have put Bingo on the radar of many investors. In respect to the latter, Bingo intends to expand its predominantly NSW-based business nationwide over the next decade. I believe this and the industry's high barriers of entry could put Bingo in a position to grow its earnings at an above-average rate for many years to come.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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.

More on ⏸️ Investing

Close up of baby looking puzzled
Retail Shares

What has happened to the Baby Bunting (ASX:BBN) share price this year?

It's been a volatile year so far for the Aussie nursery retailer. We take a closer look

Read more »

woman holds sign saying 'we need change' at climate change protest
ETFs

3 ASX ETFs that invest in companies fighting climate change

If you want to shift some of your investments into more ethical companies, exchange-traded funds can offer a good option

Read more »

a jewellery store attendant stands at a cabinet displaying opulent necklaces and earrings featuring diamonds and precious stones.
⏸️ Investing

The Michael Hill (ASX: MHJ) share price poised for growth

Investors will be keeping an eye on the Michael Hill International Limited (ASX: MHJ) share price today. The keen interest…

Read more »

ASX shares buy unstoppable asx share price represented by man in superman cape pointing skyward
⏸️ Investing

The Atomos (ASX:AMS) share price is up 15% in a week

The Atomos (ASX: AMS) share price has surged 15% this week. Let's look at what's ahead as the company build…

Read more »

Two people in suits arm wrestle on a black and white chess board.
Retail Shares

How does the Temple & Webster (ASX:TPW) share price stack up against Nick Scali (ASX:NCK)?

How does the Temple & Webster (ASX: TPW) share price stack up against rival furniture retailer Nick Scali Limited (ASX:…

Read more »

A medical researcher works on a bichip, indicating share price movement in ASX tech companies
Healthcare Shares

The Aroa (ASX:ARX) share price has surged 60% since its IPO

The Aroa (ASX:ARX) share price has surged 60% since the Polynovo (ASX: PNV) competitor listed on the ASX in July.…

Read more »

asx investor daydreaming about US shares
⏸️ How to Invest

How to buy US shares from Australia right now

If you have been wondering how to buy US shares from Australia to gain exposure from the highly topical market,…

Read more »

⏸️ Investing

Why Fox (NASDAQ:FOX) might hurt News Corp (ASX:NWS) shareholders

News Corporation (ASX: NWS) might be facing some existential threats from its American cousins over the riots on 6 January

Read more »