5 of the best ASX 200 shares to buy after the market selloff

These shares could be top picks following this month's market weakness.

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If you have room in your portfolio for some new ASX 200 shares after the market selloff, then read on!

That's because listed below are five shares that analysts think are top picks for investors in April. Here's why they could be buys:

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Image source: Getty Images

BHP Group Ltd (ASX: BHP)

The mining giant remains one of the most dependable blue-chip shares on the ASX 200. With exposure to commodities such as iron ore, copper, and nickel, BHP is well-positioned to benefit from long-term global demand for raw materials, particularly as electrification and infrastructure spending ramp up worldwide.

Goldman Sachs is bullish on the Big Australian. It has a buy rating and $45.10 price target on its shares.

Life360 Inc (ASX: 360)

Another ASX share that could be a buy is Life360. This location and safety services provider continues to expand and monetise its huge user base. With strong revenue growth, a loyal customer base, and a strategic push into other areas, Life360 has significant potential as it scales further.

Goldman Sachs is very positive on the company's future. So much so, the broker recently put a buy rating and $27.00 price target on its shares.

NextDC Ltd (ASX: NXT)

With the increasing demand for cloud computing and data storage, NextDC is well-positioned for long-term success. The data centre operator continues to expand its footprint across Australia and the Asia-Pacific, supporting major enterprises and cloud providers.

The team at Macquarie is positive on the company. It recently put a outperform rating and $21.20 price target on its shares.

WiseTech Global Ltd (ASX: WTC)

The logistics software giant continues to grow its market share globally. WiseTech's CargoWise platform is used by some of the largest freight and logistics companies worldwide, and its recurring revenue model arguably makes it a quality ASX 200 share to hold for the long term. Especially given a significant pullback in its shares in 2025.

Macquarie also sees a lot of value in WiseTech's shares at current levels. It has an outperform rating and $152.70 price target on them.

Woolworths Group Ltd (ASX: WOW)

Finally Woolworths could be an ASX 200 share to buy in April. As Australia's largest supermarket chain, Woolworths offers defensive earnings and consistent dividends. The company's focus on digital transformation, loyalty programs, and supply chain efficiencies should also help drive growth in the coming years after a tough period.

Goldman Sachs is tipping its shares as a buy with a price target of $34.70.

Motley Fool contributor James Mickleboro has positions in Life360, Nextdc, and WiseTech Global. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group, Life360, Macquarie Group, and WiseTech Global. The Motley Fool Australia has positions in and has recommended Macquarie Group and WiseTech Global. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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