If you are looking for ASX 200 stocks to buy in June, then it could be worth listening to what analysts at Bell Potter are saying.
That's because the broker has just revealed its favoured picks on its Australian equities panel.
These are the shares that its analysts believe "offer attractive risk-adjusted returns over the long term."
Bell Potter also points out that when making its picks, it "considers the current macro-economic backdrop and investment environment, focusing on quality companies with proven track records, strong management teams and competitive advantages."
With that in mind, let's look at two ASX 200 stocks make the list in June. They are as follows:
Flight Centre Travel Group Ltd (ASX: FLT)
Bell Potter has added this travel agent giant to its Australian equities panel this month.
It believes the ASX 200 share is being undervalued by the market. Particularly given its potential for strong earnings per share growth over the next couple of years.
And with rate cuts easing pressure on consumers, the broker feels that Flight Centre could be a beneficiary of an increase in spending. It said:
With peak tariff uncertainty passed, we don't think upside is being priced into FLT at ~$13. Trading at 11.2x 12MF P/E and with 18% EPS growth 2yr CAGR, we think there is potential for the stock to re-rate closer to historical average around ~14x. They have continued to take cost out of the business and have grown corporate TTV to help de-risk the overall cyclical nature of the business. With 2 rate cuts from the RBA, and more on the horizon, we think that the consumer can loosen the purse in FY26, with travel a likely beneficiary of this.
CSL Ltd (ASX: CSL)
The broker continues to see a lot of value in this biotechnology giant's shares and believes now is an attractive buying opportunity for investors.
This is because it thinks the ASX 200 share is well-positioned for above-average earnings growth in the coming years. Bell Potter explains:
CSL presents an attractive buying opportunity as we expect the margin recovery phase for CSL to drive above-market earnings growth over the next few years. CSL trades at a 12-month forward PE of ~22x, representing a discount to its 10- year average of ~31x. Furthermore, the company will continue to deleverage the balance sheet over the next few years. Given the company's proven quality and growth prospects, we believe significant upside remains.
