Are you looking to add an ASX growth share or two to your investment portfolio in September?
If you are, then check out the three listed below that analysts think could be worth considering this month.
Here's why these growth shares could be top buy and hold picks:
Aristocrat Leisure Limited (ASX: ALL)
Analysts at Citi think Aristocrat Leisure could be an ASX growth share to buy.
It is one of the world's leading gaming technology companies with operations across poker machines, real money gaming, and mobile games.
The broker believes that Aristocrat Leisure is well-placed for growth in the coming years. Particularly given its leadership position in the poker machine market and the positive outlook for the Aristocrat Interaction real money gaming business.
The broker currently has an outperform rating and $59.00 price target on its shares.
Life360 Inc (ASX: 360)
Another ASX growth share that could be a buy is Life360. It is the location technology company behind the eponymous Life360 family tracking app.
This app is hugely popular around the world and had over 70 million active users at the last count. This is generating significant recurring revenue growth and gives the company's new advertising business a significant growth opportunity.
In respect to the former, last month Life360 released its second quarter update and reported a 23% increase in annualised monthly revenue (AMR) to US$304.8 million.
Bell Potter is positive on the company and expects this strong growth to continue. Particularly given its "potential to leverage its large and growing user base to enter new markets and disrupt the legacy incumbents."
The broker currently has a buy rating and $20.50 price target on Life360's shares.
Temple & Webster Group Ltd (ASX: TPW)
A third ASX growth share that could be a buy is Temple & Webster. It is Australia's leading pureplay online furniture and homewares retailer.
Last month, the company wowed the market with its FY 2024 results. It reported a 26% increase in revenue to a record of $498 million. This was driven by a 31% jump in active customers to 1.1 million.
In addition, Temple & Webster revealed that the new financial year has started strongly, with sales up 26% between 1 July to 11 August. And with the structural shift online continuing, the company appears well-placed for growth long into the future.
This result caught the eye of Morgan Stanley. In response, the broker put an overweight rating and $13.15 price target on its shares.
