If you're looking for growth shares for your portfolio, it could be worth checking out what Macquarie Group Ltd (ASX: MQG) is telling its clients.
The investment bank's Macquarie Wealth Management (MWM) business operates recommended portfolios for growth and income investors which it updates monthly.
Macquarie notes that the MWM Recommended Portfolios represent a starting point to form a portfolio with growth or income characteristics.
Among its top growth picks right now are the ASX 200 shares listed below:
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CSL Limited (ASX: CSL)
This biotherapeutics giant takes the top spot with a portfolio weighting of 8.3%. Macquarie has an outperform rating and $343.00 price target on its shares, which compares favourably to the latest CSL share price of $306.20.
Mineral Resources Ltd (ASX: MIN)
The next largest position in the portfolio is this ASX 200 mining and mining services company with a portfolio weighting of 7.7%. The broker currently has an outperform rating and $126.00 price target on the company's shares. This suggests decent upside for the Mineral Resources share price, which is currently fetching $91.19.
Computershare Limited (ASX: CPU)
Another ASX 200 share in the portfolio is administration services company, Computershare. It is the third largest holding in Macquarie's growth portfolio with a 7.5% weighting. The broker has an outperform rating and lofty $31.00 price target on its shares. This compares favourably to the latest Computershare share price of $24.39.
Pilbara Minerals Ltd (ASX: PLS)
Finally, Macquarie is a big fan of this ASX 200 lithium share and has included in its growth portfolio again with a weighting of 6.7%. The broker currently has an outperform rating and $7.50 price target on its shares. This suggests major upside potential for the Pilbara Minerals share price from the current level of $4.94.
