Do you have $2,000 available to invest into ASX shares? If you answered yes, then read on!
That's because listed below are four top ASX shares that analysts think could be great options for your funds.
Here's what they are tipping as buys right now:
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Domino's Pizza Enterprises Ltd (ASX: DMP)
Goldman Sachs thinks that this pizza chain operator could be an ASX share to buy now. Particularly given its belief that Domino's fortunes could change in the near future thanks to its renewed focus on store unit economics.
It highlights that it believes "DMP's renewed focus on store unit economics and re-investment to ignite topline growth is rightly placed. While there is still significant progress to be made, we believe that earnings has troughed in FY24 and see a path of improvement through FY25."
Goldman has a buy rating and $39.10 price target on its shares.
Flight Centre Travel Group Ltd (ASX: FLT)
Another top ASX share that could be a buy this month is Flight Centre. It is the travel company operating the iconic Flight Centre brand.
The team at Macquarie is bullish on the company and believes that its shares are undervalued at current levels. Particularly given how it feels things will get easier for Flight Centre as FY 2025 progresses following a soft start.
Macquarie has an outperform rating and $22.34 price target on its shares.
James Hardie Industries plc (ASX: JHX)
A third ASX share that could be a top option for investors is building materials company James Hardie.
Bell Potter likes the company due to structural drivers in the United States. It believes that "James Hardie is poised for continued earnings expansion, driven by the structural shift towards fibre cement in the US."
In addition, it notes that "with a strong market position, premium brand, and pricing power, JHX is poised to capitalise on structural growth in the fibre cement market and cyclical tailwinds from potential rate cuts."
Bell Potter has a buy rating and $64.00 price target on its shares.
REA Group Limited (ASX: REA)
Finally, REA Group could be a top ASX share to buy according to analysts. It is the market leader in online real estate listings in Australia, operating the dominant realestate.com.au website.
REA Group has delivered consistent growth for over a decade and UBS appears to believe that it is well-positioned to maintain this trajectory. This is thanks to new revenue streams, strong pricing power, its international operations, and strategic acquisitions.
UBS has a buy rating on its shares with a price target of $268.00.
