Looking for some ASX growth stocks for your portfolio?
Well, top broker Macquarie has some ideas for you.
In its latest model growth portfolio update, the broker has an outperform rating on 15 ASX stocks.
Let's examine some of them and find out how much share price growth Macquarie expects for each stock over the next 12 months.
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6 ASX growth stocks to buy in September
CSL Ltd (ASX: CSL)
The CSL share price is currently $301.10, down 0.38% today and up 11.33% over the past 12 months.
Macquarie thinks this ASX health giant has some strong stock price growth ahead of it.
It predicts that the CSL share price will rise about 10% over the next 12 months to $330 per share.
Viva Energy Group Ltd (ASX: VEA)
This ASX energy share is trading for $2.83, up 1.99% so far on Thursday and down 3.58% for the year.
Macquarie has a share price target of $4.10 on Viva. This implies a potential 45% upside for investors who buy this ASX growth stock today.
Xero Limited (ASX: XRO)
This ASX technology share is trading at $143.93 today, up 1.96%. Xero shares have experienced 18.2% growth over the past 12 months.
Macquarie is bullish on the accounting software provider. It forecasts the Xero share price to rise to $184.40 within 12 months.
This implies a potential upside of 28% for investors who buy this ASX growth stock today.
Nextdc Ltd (ASX: NXT)
The Nextdc share price is $17.12, up 1.6% for the day and up 33.2% over the past year.
Macquarie says there is growth ahead for this ASX tech stock. Its 12-month share price target for Nextdec shares is $21.20. That would be a 24% uplift on today's value if the broker is right.
Treasury Wine Estates Ltd (ASX: TWE)
The Treasury Wine share price is $11.47 at the time of writing, up 0.61% on Thursday.
The ASX wine share has not had much growth over the past year, with its stock price up just 0.22%.
But Macquarie thinks Treasury Wine is in for a better year ahead.
The broker has a share price target of $13.90 on Treasury Wine shares. This implies a potential uplift of 21% over the next 12 months.
Flight Centre Travel Group Ltd (ASX: FLT)
This ASX travel stock is trading for $20.56, down 1.6% for the day and up 3.14% over the past year.
Macquarie has a 12-month share price target of $25.06 on Flight Centre.
So, investors stand to potentially gain about 22% if they buy Flight Centre shares today.
