Looking for a share or two to buy? If you are, you may want to look at the two listed below.
Here's why these ASX 200 shares are rated highly right now:
Altium Limited (ASX: ALU)
The first ASX 200 share to look at is electronic design software provider Altium.
Altium is the company behind the Altium Designer printed circuit board design (PCB) software, which is used by many of the largest businesses and organisations in the world such as BAE Systems, Dell, Microsoft, NASA, and Tesla.
And while Altium may be the leader in the industry, management isn't resting on its laurels. In fact, it now wants to dominate the industry and appears confident in can get there.
In addition, management also has confidence in its growth outlook and continues to target US$500 million in revenue by 2026. This will be more than double FY 2022's revenue of US$220.8 million.
Analysts at Jefferies are positive on the company and currently have a buy rating and $38.13 price target on its shares.
REA Group Limited (ASX: REA)
Another ASX 200 share that has been named as a buy is property listings company REA Group.
Although rising interest rates are putting pressure on the housing market, Goldman Sachs continues to believe that the realestate.com.au website operator is well-placed for growth.
The broker highlights that the company was very positive on its outlook, "particularly around expectations for delivering sustained double digit yield growth through the cycle, including in FY23E."
In light of this, its analysts appear to see the recent weakness in the REA Group share price as a buying opportunity for investors.
Goldman Sachs currently has a buy rating and $164.00 price target on the company's shares.
