2 stellar ASX 200 growth shares to buy now: analysts

These growth shares could be some of the best options for investors to buy right now…

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Are you looking to add some growth shares to your portfolio?

If you are, listed below are two ASX 200 growth shares that analysts are tipping as buys. Here's what you need to know about them:

man using laptop happy at rising share price

Image source: Getty Images

Aristocrat Leisure Limited (ASX: ALL)

The first ASX 200 growth share that has been tipped as a buy is Aristocrat Leisure. It is one of the world's leading gaming technology companies.

It owns a portfolio of world class poker machines and a growing digital business. The former continues to win market share thanks to their popularity with casinos and players. Combined with the strong recurring revenues being generated by digital/mobile games such as Raid and its recent expansion into the real money gaming market, Aristocrat has been tipped to continue its solid earnings growth over the coming years.

Citi is positive on the company and notes that "digital industry bookings have flattened out while Aristocrat continues to outperform."

As a result, it recently reaffirmed its buy rating and $41.20 price target on its shares.

Treasury Wine Estates Ltd (ASX: TWE)

Another ASX 200 growth share that could be a top option for investors right now is Treasury Wine.

It is one of the world's leading wine companies with a high quality portfolio of wine brands including Penfolds, 19 Crimes, and Wolf Blass.

After going through a difficult period due to being effectively kicked out of China, Treasury Wine has bounced back strongly. The good news is that analysts at Morgans believe the company's growth is only just starting. In fact, its analysts are expecting "TWE to deliver double digit earnings growth over 2H23/FY24/FY25."

The broker has an add rating and $15.05 price target on its shares.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Treasury Wine Estates. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Growth Shares

A group of hands up in the air as if signifying a hearty vote in favour of a motion.
Growth Shares

2 ASX shares highly recommended to buy: Experts

These stocks are widely liked by investment professionals.

Read more »

Smiling woman taking a video through a plane window with her phone.
Growth Shares

3 ASX 200 shares I'd buy if I couldn't sell for 10 years

A decade changes what I look for in an investment, putting far more weight on long-term business growth.

Read more »

Red buy button on an Apple keyboard with a finger on it.
Growth Shares

Fund managers: 2 exciting ASX shares that could be excellent buys

These businesses are rated as having very positive futures…

Read more »

Woman and man at work looking at data on a tablet at work.
Growth Shares

Why I think these are the best ASX shares to buy and hold

I think these three market-leading businesses still have plenty of room to become much larger over the next decade.

Read more »

Smiling woman taking a video through a plane window with her phone.
Growth Shares

2 ASX growth shares tipped to return 20% to 77%

One offers the steadier growth story, while the other could deliver much greater upside if execution improves.

Read more »

Young couple having pizza on lunch break at workplace.
Growth Shares

3 ASX growth shares experts think could double

Three beaten-up names, three very bullish targets.

Read more »

Man smiling ahead while working on his MacBook.
Growth Shares

Top 3 ASX 200 shares to buy in September

There are good reasons these shares could be top picks today.

Read more »

Buy and sell keys on an Apple keyboard.
Growth Shares

Why a fund manager loves these ASX shares right now

These stocks could be compelling buys today…

Read more »