Looking for ASX 200 shares for your portfolio? If you are, then you may want to look at the three buy-rated shares listed below that have been named among Bell Potter's top picks for 2023.
Here's what the broker is saying about these ASX 200 shares:
Aristocrat Leisure Limited (ASX: ALL)
Bell Potter is a fan of Aristocrat Leisure, which develops, manufactures and sells gaming content, platforms and systems. The broker believes that it is well-placed for medium term growth thanks to its dominant land-based market position and growing digital business. It commented:
Group revenue consists of land-based gaming (29.0%) involving the placement of gaming machines in customer venues for no upfront cost and then leasing the games/ titles for a recurring revenue stream; land-based outright sales of gaming machines (24.5%); and digital (46.5%) encompassing the monetisation of social casino and casual games/ titles. The group has a dominant position in the North American gaming industry and the land-based operations should underpin medium term growth while the digital business offers opportunities in a rapidly growing market.
CSL Limited (ASX: CSL)
Another ASX 200 share that Bell Potter rates as a buy for 2023 is biotherapeutics giant CSL. It believes the company is well-placed for growth thanks to the Vifor Pharma acquisition, increasing plasma volumes, and new product launches. The broker explained:
A leading global company in the development, manufacture, and distribution of plasma therapies as well as non-plasma biotherapeutic products and influenza related products. The recently completed acquisition of Vifor Pharma will add global leadership in pharmaceutical products for renal disease and iron deficiency. The global growth in plasma volumes is expected to be around a solid 8% per annum for the foreseeable future and, in addition, the group is planning to launch new products from its very extensive Research and Development portfolio.
Goodman Group (ASX: GMG)
Finally, Goodman could be a top ASX 200 share to buy in 2023 according to Bell Potter. This is due to its positive long term growth outlook thanks to the continuing growth in ecommerce and data storage. It commented:
One of the world's largest integrated industrial property groups with operations centred around development, management and ownership throughout Australia, New Zealand, Asia, Europe, United Kingdom, North America, and Brazil. The long term outlook for industrial and logistics properties is favourable given the continuing growth in ecommerce (or on-line retail sales) and data storage requirements as well as supply chain optimisation and the growing middle class in developing countries.
