If you're on the lookout for some ASX growth shares to supercharge your portfolio, then it could be worth checking out the three listed below.
Here's why analysts are tipping them as buys this month:
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Flight Centre Travel Group Ltd (ASX: FLT)
The first ASX growth share to look at is Flight Centre. It is a travel agent giant with a presence both online and offline, providing a complete travel service to leisure and business travellers across the world.
Morgans is positive on the company. Its analysts note that "with confidence that the travel recovery has much further to go and the benefits of FLT's transformed business model emerging, we think the company is well placed over coming years."
The broker has an add rating and a $26 price target on its shares.
NextDC Ltd (ASX: NXT)
The team at Goldman Sachs believes that this data centre operator could be an ASX growth share to buy.
While it has been growing at a strong rate for many years, the broker believes there's still bucketloads of growth ahead. This is thanks to increasing demand for data centre capacity due to the shift to the cloud and the emergence of generative AI services like ChatGPT. It believes that "the DC industry will benefit from a 'third wave of demand', with generative AI requiring 5-10x more compute vs. traditional search."
The broker has a buy rating and a $15.80 price target on NextDC's shares.
Objective Corporation Limited (ASX: OCL)
Another ASX growth share to consider buying is Objective Corp. It is a software company that provides content, collaboration, and process management solutions to the public sector.
Goldman Sachs is also a fan of the company and believes it can deliver strong earnings growth in the future. This is thanks largely to strong demand in a defensive sector. Goldman expects earnings per share growth greater than 20% in both FY 2024 and FY 2025.
It has a buy rating and a $14.55 price target on Objective Corp's shares.
