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Broker names 3 ASX 200 shares to buy and hold

Here are three top shares for buy and hold investors…
The post Broker names 3 ASX 200 shares to buy and hold appeared first on The Motley Fool Australia. –

If you’re a fan of Warren Buffet’s style of buy and hold investing, then you may want to look at the three ASX shares listed below.

These are shares that the team at Bell Potter believe are “champion stocks” and excellent buy and hold options for investors. Here’s what the broker is saying about them:

Goodman Group (ASX: GMG)

The first ASX share that could be a top buy and hold option is integrated industrial property company Goodman. Bell Potter believes Goodman is well-placed for long term growth thanks to its world class portfolio and the increasing demand for industrial property.

The broker commented:

One of the world’s largest integrated industrial property groups with operations centred around development, management and ownership throughout Australia, New Zealand, Asia, Europe, United Kingdom, North America, and Brazil. The long term outlook for industrial and logistics properties is favourable given the continuing growth in ecommerce (or on-line retail sales) and the growing middle class in developing countries.

Sonic Healthcare Limited (ASX: SHL)

Another ASX share that the broker expects to be a long term market beater is Sonic Healthcare. Its analysts rate the pathology provider highly due to their belief that it is well-placed for growth thanks to increasing demand for pathology services and its international expansion opportunities.

Bell Potter explained:

The world’s third largest pathology provider with significant operations in the USA, United Kingdom, Germany, Switzerland, Belgium, Australia and New Zealand. Against the backdrop of continuing growth in the demand for pathology services over the longer term, the group has further international expansion opportunities in both existing and new geographical markets.

Transurban Group (ASX: TCL)

A final ASX share that Bell Potter expects to be a long term market beater is toll road giant Transurban. Bell Potter is bullish due to the company’s strong portfolio and huge development opportunities. The latter is expected to support its growth in the coming decades.

The broker said:

Australia’s largest builder, owner and operator of urban toll road networks. The group also has toll road assets in North America. The group’s current pipeline of growth projects is $3.9 billion (TCL’s share of total project cost) and further huge development opportunities are expected over the next few decades supported by population and economic growth.

The post Broker names 3 ASX 200 shares to buy and hold appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

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See The 5 Stocks
*Returns as of July 7 2022

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More reading

Here are the top 10 ASX 200 shares today
When inflation = profit: Why this fundie is tipping the Transurban share price to outperform
2 ‘good value’ ASX 200 shares offering what investors want right now: expert
Expert prediction: 3 ASX 200 shares that can ‘do well’ in volatile times
Why these blue chip ASX 200 shares are rated as buys by experts

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Sonic Healthcare Limited. 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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