3 no-brainer ASX stocks to buy with $1,000 right now for the New Year

You don't need to overthink it. Here are three no-brainer ASX stocks to buy as the New Year begins.

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Key points

  • As the New Year begins, investors should focus on high-quality ASX stocks like Xero, Transurban, and Macquarie that offer scale, resilience, and long-term relevance.
  • Xero's valuation is attractive due to its strong recurring revenue and customer retention, despite its share price being down over 40% from its 52-week high.
  • Transurban features stable, predictable income supported by toll road operations in major cities, and Macquarie offers global growth exposure through its diverse financial services.

The start of a new year is often when investors feel the most eager to put money to work in the share market.

But rather than overthinking where to invest, I think the goal should be simplicity.

This means focusing on high-quality ASX stocks that are a cut above the rest, with scale, resilience, and clear long-term relevance.

If I had $1,000 to invest as the New Year begins, these are three ASX stocks I'd consider genuine no-brainers.

Xero Ltd (ASX: XRO)

I believe Xero is one of the highest-quality software businesses on the ASX, and currently, the share price tells a very different story to the business itself.

The company has grown from a small New Zealand startup into a global platform with 4.6 million subscribers, serving small businesses across multiple large markets. Its revenue is largely recurring, customer churn is low, and the product is deeply embedded in day-to-day operations.

What makes Xero particularly interesting right now is its valuation. This ASX stock is down more than 40% from its 52-week high, despite the company continuing to grow, generate cash, and execute on its long-term strategy. For long-term investors, that disconnect is hard to ignore.

For someone starting the year with a modest investment, owning a global SaaS leader at a materially lower price than a year ago looks compelling.

Transurban Group (ASX: TCL)

Transurban is about as simple as it gets.

It owns and operates toll roads in major cities where population growth, congestion, and commuting are long-term realities. People don't need to love tolls, they just need to use the roads.

Recent traffic data shows that demand remains resilient, with average daily traffic continuing to grow across all markets. At the same time, Transurban is investing in major projects, including the opening of the West Gate Tunnel, which adds capacity and improves connectivity in Melbourne.

For investors, Transurban also offers predictable income, with distributions expected to grow again this year. That combination of infrastructure stability and income makes it an easy stock to hold through market ups and downs.

Macquarie Group Ltd (ASX: MQG)

Macquarie adds diversification and optional upside to the mix.

Unlike traditional banks, Macquarie operates across asset management, banking, commodities, capital markets, and advisory services. That diversity helps smooth earnings through different market conditions.

The ASX stock's results highlighted solid underlying performance across multiple divisions, particularly in asset management and capital markets, despite mixed global conditions. Macquarie's ability to invest patiently, manage risk conservatively, and adapt its business mix has been proven across multiple cycles.

For a New Year investment, I think Macquarie offers exposure to global growth, infrastructure, and financial markets, all through a single, well-managed business.

Motley Fool contributor Grace Alvino has positions in Transurban Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group, Transurban Group, and Xero. The Motley Fool Australia has positions in and has recommended Macquarie Group, Transurban Group, and Xero. 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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