Are you looking for some ASX 200 stocks to buy this week? If you are, then the two listed below could be worth considering.
These ASX 200 stocks have been rated as buys and tipped to offer strong returns for investors over the next 12 months.
Here's what analysts are saying about them:
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Goodman Group (ASX: GMG)
The first ASX 200 stock that could be a buy is integrated industrial property company, Goodman Group.
That's the view of analysts at Morgans, which believe Goodman is an attractive option in the current environment due to its actively managed portfolio. It explains:
With continued increases in interest rates and persistent inflation (most notably construction costs), risks abound the REIT sector. This drives our preference for beds and sheds, reflecting the strength of those underlying operating markets. Given the duration risk from higher rates, we prefer more active managers who can grow AUM and add value from an active buy, build, manage strategy.
Morgans has an add rating and a $24 price target on its shares. This implies a potential upside of over 16% for investors over the next 12 months.
NextDC Ltd (ASX: NXT)
Another ASX 200 stock that has been named as a buy is NextDC.
It is a leading provider colocation services to local and international organisations from its growing collection of world-class data centre facilities across Australia. It is also currently in the process of expanding into the Asia Pacific market. This will initially see data centres in Auckland and Kuala Lumpur open in 2026.
Goldman Sachs is bullish on the company and believes it is well-placed for growth. The broker highlights that the artificial intelligence (AI) boom is expected to drive increased demand for data centre capacity. It explains:
We believe the DC industry will benefit from a 'third wave of demand', with generative AI requiring 5-10x more compute vs. traditional search.
Goldman currently has a buy rating and a $14.96 price target on its shares. Based on the latest NextDC share price of $12.92, this implies a potential upside of 16% for investors.
