Why I would buy and hold Altium and these top ASX 200 shares

Here's why I think Altium Limited (ASX:ALU) and these ASX 200 shares could be great buy and hold options for Australian investors…

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The S&P/ASX 200 Index (ASX: XJO) is home to a large number of shares which I believe can beat the market over the 2020s.

Three quality ASX 200 shares that I would buy are listed below. Here's why I think they are top investment options:

Altium Limited (ASX: ALU)

The first ASX 200 share to look at is Altium. It is an electronic design software platform provider. Over the last decade Altium has carved out a leading position in its market, which I feel has positioned it perfectly for the future. Not least given the explosion of electronic devices due to the emergence of artificial intelligence and the internet of things. I expect this to drive the Altium share price notably higher over the 2020s.

Nanosonics Ltd (ASX: NAN)

Another ASX 200 share to consider buying is Nanosonics. It is the infection prevention company behind the industry-leading trophon EPR disinfection system for ultrasound probes. While the pandemic has hit its sales hard, I expect a swift rebound once trading conditions recovery. Especially considering the growing importance of infection prevention following the spread of COVID-19 globally. And while further delays in relation to the launch of new products has been a big disappointment and hit the credibility of management, I think it is worth sticking with the company for now.

REA Group Limited (ASX: REA)

Finally, I think this property listings company is an ASX 200 share to buy. Although REA Group will be battling with tough trading conditions for at least the next couple of quarters because of the pandemic, I expect a big rebound once the crisis passes. Especially given its leadership position, growing global operations, new revenue streams, potential price increases, and cost cutting. Overall, I think this make REA Group a great buy and hold option for investors.

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 Altium. The Motley Fool Australia owns shares of and has recommended Nanosonics Limited. The Motley Fool Australia has recommended REA Group Limited. 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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