The S&P/ASX 200 Index (ASX: XJO) is home to a large number of shares which I believe can beat the market over the 2020s.
Four of the best ASX 200 shares that I would buy with $4,000 are listed below. Here's why I think they are quality investment options:
a2 Milk Company Ltd (ASX: A2M)
The first ASX 200 share to consider buying is a2 Milk Company. I believe that a2 Milk Company would be a great ASX share to own due to the increasing demand for its infant formula in China and its growing fresh milk footprint. Another positive is its substantial cash balance, which could be used to accelerate its growth through new product launches and acquisitions.
Altium Limited (ASX: ALU)
Another ASX 200 share to look at is Altium. It is an award-winning printed circuit board (PCB) design software provider. Over the last decade Altium has carved out a leading position in the electronic design market. This is a big positive given the proliferation of electronic devices, which is likely to lead to increasing demand for its software for many years to come. I expect this to drive the Altium share price notably higher over the 2020s.
CSL Limited (ASX: CSL)
I feel CSL could be the best share to own on the ASX 200. I'm a big fan of the biotherapeutics giant thanks to the increasing demand for immunoglobulins, its growing plasma collection network, and its pipeline of potentially lucrative products. And with the CSL share price down almost 18% from its 52-week high, now could be an opportune time to invest.
Nanosonics Ltd (ASX: NAN)
A final ASX 200 share to consider buying is Nanosonics. It is an infection prevention company which I believe has very strong long term growth potential. This is due to the sizeable market opportunity of its industry-leading trophon EPR disinfection system for ultrasound probes and the upcoming launch of new products. These products are targeting other unmet needs in a market where infection control is becoming increasingly important.
