Brokers send strong buy message on these ASX consumables

Webjet Limited (ASX: WEB) and 2 other ASX consumables that brokers have slapped a 'strong buy' recommendation on.

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MarketIndex.com.au has again released its latest aggregation of broker opinion on the ASX's best buys. Glancing down the list, I'd like to highlight three of their "strong buy" suggestions in the consumer discretionary sector.

Webjet Limited (ASX: WEB)

The online travel service has been in the "strong buy" category since March. At that time you could have picked up shares for $14.84. Today, Webjet is trading for $13.16, up 2.25% on yesterday's close. With analysts confident in Webjet's expansion plans into accommodation services and organic growth, now might be the time to pick up Webjet shares at a good price.

Aristocrat Leisure Limited (ASX: ALL)

There's no doubt about it, Australians love to gamble and according to the Victorian Responsible Gambling Foundation we spent 23.5 billion dollars having a punt in 2015–2016. Aristocrat Leisure has been reaping the benefits, with a suite of online and offline gambling platforms and systems and a global market. It's no surprise to see brokers herding towards it.

Despite the announcement of legal proceedings in an intellectual property matter against Ainsworth Game Technology Limited (ASX: AGI) in early July, the Aristocrat share price has continued a gentle upward trajectory. The wider market dip earlier this week has brought the share price back to $29.79 at the time of writing. Adding to the appeal, Aristocrat has a recent history of incrementally growing dividends to a fully franked 49 cents a share in the most recent full year results.

Corporate Travel Management Limited (ASX: CTD)

Corporate Travel is one of the recent shooting stars of the ASX, growing exponentially and quickly in share value. The full service business travel company has grown steadily through acquisition and the careful building of a highly recognisable corporate brand. These strategies have clearly had market appeal judging by the growth in share price Corporate Travel has experienced in a relatively short period of time.

Brokers allocating this to the "strong buy" category are perhaps sensing the momentum for further growth. Investors who might agree with the broker consensus on Corporate Travel can buy shares today at $21.46 (at time of writing). Dividend payouts have been consistently growing since 2013 and in the last full year you would have received a gross fully franked dividend of 46.9 cents a share.

Foolish takeaway

It's interesting to see where brokers agree, but it doesn't always mean they get it 100% right. Like all of us they're assessing a range of information but they're also using advanced analytical tools available to them. Ultimately, it's up to individual investors as to how much weight of opinion they apply to aggregated reports.

Motley Fool contributor JWoodward has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Corporate Travel Management Limited. The Motley Fool Australia has recommended Webjet 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.

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