2 highly rated ASX 200 (ASX:XJO) shares to buy right now

Here are two ASX 200 shares that could be buys…

| More on:
A white and black clock face is shown with three hands saying Time to Buy reflecting Citi's view that it's time to buy ASX 200 banks

Image source: Getty Images

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 are looking to strengthen your portfolio with some ASX 200 shares, you may want to look at the two listed below.

Both of these ASX 200 shares are highly rated and have recently been named as buys. Here's what you need to know about them:

Bapcor Ltd (ASX: BAP)

The first ASX 200 share to look at is Bapcor. It is the Asia Pacific region's leading provider of vehicle parts, accessories, equipment, service and solutions. It was on form again in FY 2021, delivering a 20.4% increase in revenue to $1,761.7 million and a 46.5% jump in pro forma net profit after tax to $130.1 million. This was driven by growth across the business. Pleasingly, more of the same is expected over the 2020s thanks to its strong market position and bold expansions plans.

The team at Credit Suisse remain positive on its long term growth potential. Its analysts currently have an outperform rating and $9.20 price target on its shares. This compares to the current Bapcor share price of $7.59.

Xero Limited (ASX: XRO)

Another ASX 200 share to look at is Xero. It is a fast-growing cloud-based accounting solution provider to small and medium sized businesses. Xero's rapid growth in recent years has been driven by the shift to the cloud, its global expansion, and a series of bolt-on acquisitions. The good news is that the company still has a very long runway for growth. At the end of FY 2021, Xero had 2.74 million subscribers. This compares to its total addressable market of 45 million subscribers.

Goldman Sachs believes the company has multi-decade strong revenue growth potential. As a result, the broker has a buy rating and $165.00 price target on Xero's shares. This compares to the current Xero share price of $149.95.

Should you invest $1,000 in Whitehaven Coal Limited right now?

Before you buy Whitehaven Coal Limited shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Whitehaven Coal Limited wasn't one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys...

See The 5 Stocks *Returns as of 3 April 2025

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. owns shares of and has recommended Xero. The Motley Fool Australia owns shares of and has recommended Bapcor and Xero. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Growth Shares

A man clenches his fists in excitement as gold coins fall from the sky.
Growth Shares

Now could be a golden opportunity to buy these ASX 200 growth shares

Analysts think these shares could deliver big returns over the next 12 months.

Read more »

A laughing woman wearing a bright yellow suit, black glasses and a black hat spins dollar bills out of her hands signifying the big dividends paid by BHP
Growth Shares

How ASX growth shares could help you retire rich

Here's how investors could you growth shares to power their way to wealth.

Read more »

A businessman hugs his computer and smiles.
Growth Shares

Why I'd buy these 3 ASX shares and not look back for 10 years

Analysts think these shares are destined for big things in the future.

Read more »

US navy ship sailing along at sunset.
Growth Shares

2 ASX 300 shares this fund manager is bullish about

Here are two stocks to be excited by.

Read more »

A happy young couple lie on a wooden deck using a skateboard for a pillow.
Growth Shares

3 ASX 200 stocks I'd buy and hold for the next 10 years

Looking for stocks to hold onto for the long term. These three could be just the ticket according to analysts.

Read more »

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

What I'd buy before the ASX rebounds: 3 high-conviction share picks

Analysts think these shares are strong buys before the market rebound.

Read more »

a woman holds a facebook like thumbs up sign high above her head. She has a very happy smile on her face.
Growth Shares

The best ASX growth shares to buy while they're still on sale

Analysts see major upside for investors with these top stocks.

Read more »

man looking through window at sky scraper buildings
Growth Shares

Market selloff creates rare buying window: 3 quality ASX 200 shares I'd buy right now

Analysts think investors should buy these shares while they are down.

Read more »