Where to invest $10,000 in ASX 200 stocks today

Analysts think these high-quality shares are in the buy zone for investors right now.

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

If you've got $10,000 to put to work on the ASX, deciding where to invest can feel overwhelming.

To narrow things down, let's take a look at three ASX 200 stocks that analysts think could be quality picks for Aussie investors right now.

Here's why they could form the foundation of a successful $10,000 portfolio today.

A young man looks at a stylised investment graph superimposed on an exterior office building backdrop.

Image source: Getty Images

CSL Ltd (ASX: CSL)

CSL is one of Australia's premier healthcare giants, with operations spanning plasma therapies, vaccines, and kidney treatments. Its global reach and significant annual investment in cutting-edge research make it a standout on the ASX 200.

So, with its shares down meaningfully from their highs and trading on much lower than normal multiples, now could be a good time to buy. Especially given how analysts see margin recovery and above-market earnings growth ahead.

Macquarie is very bullish on the company and has an outperform rating and $360.30 price target on its shares.

Life360 Inc. (ASX: 360)

Another ASX 200 stock that could be a buy with the $10,000 is Life360.

Best known for its family safety app, the tech company has consistently delivered impressive results over the past few years. This has continued this year with first quarter FY 2025 revenue up 32% year over year to US$103.6 million and strong subscriber growth.

Its growing user base — now over 83 million monthly active users — and improving profitability signal a company maturing into a sustainable growth story. With further product monetisation opportunities and global expansion plans, Life360 remains a stock with plenty of runway.

Morgan Stanley is a fan of the company and has an overweight rating and $40.00 price target on its shares.

ResMed Inc. (ASX: RMD)

Finally, ResMed could be an ASX 200 stock to buy with the $10,000. It is a global leader in sleep apnoea and respiratory care devices.

Concerns about weight-loss drugs denting demand for its products have faded, with recent earnings showing solid double-digit growth and expanding margins. And the good news is that analysts at Ord Minnett expect this trend to continue.

As a result, with ResMed shares trading at a notable discount to its 10-year average multiple of ~32x earnings, now could be an opportune time to snap them up. Especially investors seeking defensive growth in a proven global leader.

The team at Ord Minnett recently put a buy rating and $46.50 price target on its shares.

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

More on Growth Shares

Happy man at an ATM.
Growth Shares

Forget CBA: 3 ASX shares with better growth prospects

These shares might be better options for growth investors than Australia's largest bank.

Read more »

Three business people stand on platforms in the desert and look out through telescopes.
Growth Shares

2 top ASX shares to buy and hold for the next decade

These ASX shares have excellent growth outlooks.

Read more »

Rocket powering up and symbolising a rising share price.
Growth Shares

SpaceX climbs nearly 20% after its IPO. Here's why that is good news for these ASX shares

SpaceX shares are up significantly since their IPO. Here's why that is great news for two ASX-listed stocks.

Read more »

Business people discussing project on digital tablet.
Growth Shares

Where to invest $20,000 in ASX 200 shares in June

Wondering where to invest? Here are three shares that analysts rate as buys.

Read more »

A woman is excited as she reads the latest rumour on her phone.
Growth Shares

Brokers rate these 6 ASX 200 shares a strong buy, and tip upsides of up to 227%

It looks like these ASX 200 shares could drag the index higher over the next 12 months.

Read more »

A young man pointing up looking amazed, indicating a surging share price movement for an ASX company
Growth Shares

3 incredible ASX growth shares tipped to rise 20% to 70%

Brokers are tipping these shares to rise strongly from current levels.

Read more »

a man sits on a ridge high above a large city full of high rise buildings as though he is thinking, contemplating the vista below.
Growth Shares

2 top ASX shares to buy and hold for the next decade

These two investments look like excellent long-term buys today!

Read more »

A man holding a cup of coffee puts his thumb up and smiles with a laptop open.
Growth Shares

2 incredible ASX 200 shares to buy and hold for 10 years

These shares could help you build wealth over the long term.

Read more »