Buy and hold these ASX 200 shares: brokers

These could be great options for investors looking for buy and hold investments.

| 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 wanting to make some new additions to your portfolio?

If you are, then analysts think the two ASX 200 shares listed below could be worth considering. Here's why these shares are rated as buys:

A businessman hugs his computer and smiles.

Image source: Getty Images

Altium Limited (ASX: ALU)

The first ASX 200 share that could be a great buy and hold option is Altium.

Altium is a software company that focuses on electronic design systems for 3D printed circuit board (PCB) design and embedded system development. It is used by design teams of all shapes and sizes. This includes the likes of BAE Systems, Dell, Microsoft, NASA, and Tesla.

Thanks to favourable industry tailwinds and its leadership position, management is forecasting strong revenue growth in the coming years. It is is aiming to achieve US$500 million in revenue by 2026, which will be more than double FY 2022's revenue of US$220.8 million.

Morgan Stanley is a fan of the company. It currently has a buy rating and $43.50 price target on its shares.

Aristocrat Leisure Limited (ASX: ALL)

Aristocrat could be another ASX 200 share to buy and hold.

It is a gaming technology company with a portfolio of industry-leading poker machines, a lucrative digital business, and a fledgling real money gaming business. The latter recently launched with a deal with BetMGM.

Goldman Sachs is confident in the company's long term outlook. This is due to Aristocrat "holding a top 3 spot in slot machine sales in the US, having a strong digital gaming offering, and now launching into the growing iGaming market."

Goldman has a buy rating and $42.80 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 positions in and has recommended Temple & Webster Group. The Motley Fool Australia has recommended Temple & Webster Group. 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

Man with a rocket strapped to his back on a tiny bicycle ready to take off.
Growth Shares

2 ASX shares tipped to grow 90% or more in the next 12 months!

These stocks have the potential to deliver major returns!

Read more »

Young businesswoman sitting in kitchen and working on laptop.
Growth Shares

Down 67%, is this ASX 300 share a bargain buy?

A sharp share price decline has reset expectations, but the underlying growth story and market opportunity have not changed.

Read more »

A man and woman sit next to each other looking at each other and feeling excited and surprised after reading good news about their shares on a laptop.
Growth Shares

2 high-quality ASX 200 shares experts rate as buys

These stocks are top-rated by some of Australia’s top brokers.

Read more »

Person holding Australian dollar notes, symbolising dividends.
Growth Shares

3 amazing ASX 200 shares to buy with $5,000 in May

Analysts are recommending these ASX 200 shares as buys.

Read more »

woman accessing her smart home from her phone
Growth Shares

This beaten-down ASX 200 growth stock could be one to watch

Demand for data centres is accelerating, but earnings are yet to catch up. That gap could define the opportunity from…

Read more »

A kid stretches up to reach the top of the ruler drawn on the wall behind.
Growth Shares

2 top ASX shares to buy and hold for the next decade

I really like these investments for the long term.

Read more »

A woman hangs from a cliff with raging waters below.
Growth Shares

The ASX's hottest shares just stumbled — warning sign?

Are expectations starting to outpace fundamentals?

Read more »

A man flying a drone using a remote controller.
Growth Shares

Why I'd buy and hold DroneShield shares for 10 years

This growing company operates in an emerging industry with strong long-term tailwinds.

Read more »