Are these the best ASX 200 growth shares to buy now?

Analysts are saying good things about these growth stocks this month.

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If you're a growth investor looking for some new portfolio additions, then look no further.

That's because Bell Potter and Morgans have picked out some of their best buys for October. Among the selections are the two ASX 200 growth shares listed below:

Goodman Group (ASX: GMG)

Bell Potter has named this integrated industrial property company among its favoured picks for October. It believes Goodman has a very positive long-term outlook thanks to strong demand in its target market. It explains:

Although, rising interest rates and higher cost of capital are starting to have impact on asset values, accelerating industrial rents– driven by record low vacancy– has meant industrial property has outperformed. We see potential for GMG's earnings to grow further as it captures the significant rental upside to market, as well as via ongoing development activity in a market where vacancy levels are low. In our view, GMG is a well-run business and the long-term outlook for industrial and logistics properties is favourable given the continuing growth in ecommerce (or online retail sales) and the growing middle class in developing countries.

Bell Potter has a buy rating and a $24.50 price target on its shares.

Treasury Wine Estates Ltd (ASX: TWE)

Another ASX 200 growth share that has been given the thumbs up this month is Treasury Wine.

Morgans rates the wine giant highly and believes its earnings growth is on the cusp of accelerating. It said:

Given TWE's undemanding valuation compared to other luxury brand owners, we see value in TWE. With Penfolds outperforming expectations (makes up ~72% of our valuation) and a clear strategy to improve performance at Treasury America and Treasury Premium Brands, we expect earnings to accelerate from the 2H24 onwards. While risks remain, we back this management team to deliver. The key near term share price catalyst is if China removes the tariffs.

The broker currently has an add rating and a $13 price target on its shares.

Motley Fool contributor James Mickleboro has positions in Treasury Wine Estates. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goodman Group. The Motley Fool Australia has recommended Goodman Group and Treasury Wine Estates. 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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