If you've got $5,000 burning a hole in your brokerage account, it could pay to invest it into high-quality ASX growth shares.
But which shares could be good options for these funds right now?
Listed below are three standout ASX growth shares that analysts are currently tipping as buys. Here's what you need to know about them:
NextDC Ltd (ASX: NXT)
The first ASX growth share to look at is NextDC. It is a leading pure-play data centre operator.
As the digital economy continues to expand, driven by cloud computing, artificial intelligence, and enterprise digitisation, demand for reliable, secure and scalable data infrastructure is booming. That's exactly what NextDC provides.
The company is currently executing an ambitious expansion strategy, building out its next generation of hyperscale data centres in Sydney, Melbourne and the Asia-Pacific region. While this involves upfront capital expenditure, management has a track record of delivering long-term value — and locking in blue-chip clients along the way.
With recurring revenue, strong customer retention, and exposure to one of the fastest-growing segments in tech, NextDC could be a smart long-term addition for growth-focused investors.
Goldman Sachs currently rates the company as a buy with a $16.50 price target.
Pro Medicus Ltd (ASX: PME)
Pro Medicus could be another ASX growth share to buy with the funds. It is the medical imaging software powerhouse that has taken the US healthcare sector by storm.
The company's flagship platform, Visage, allows radiologists to view and diagnose images faster and more efficiently — saving time, money, and ultimately lives. What's especially compelling is the quality of the business model: it is capital-light, extremely high-margin, and underpinned by long-term, annuity-style contracts with top-tier US hospital groups.
Goldman Sachs is also feeling very bullish on Pro Medicus and recently put a buy rating and $309.00 price target on its shares.
WiseTech Global Ltd (ASX: WTC)
Last but not least is WiseTech. It is the global leader in logistics software.
Its flagship product, CargoWise, is used by many of the world's largest freight forwarders and logistics companies to manage their supply chains. In a world still grappling with disrupted trade routes and increasing complexity, WiseTech offers critical, mission-essential infrastructure.
What stands out is the company's recurring revenue engine, global scalability, and ability to integrate bolt-on acquisitions. This has allowed WiseTech to consistently deliver double-digit earnings growth in recent years.
Earlier this month, Morgan Stanley put an overweight rating and $140.00 price target on its shares.
