Are you wanting to add some ASX growth shares to your portfolio in July? If you are, you may want to look at the ones listed below.
Here's what you need to know about these growth shares:
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Aristocrat Leisure Limited (ASX: ALL)
The first ASX growth share to look at is Aristocrat Leisure. It is one of the world's leading gaming technology companies with a portfolio of poker machines and a lucrative digital business. The latter is generating significant recurring revenues from highly popular games such as RAID. And while the company recently missed out on the major acquisition of real money gaming (RMG) company Playtech, management stated that this won't stop it from entering the potentially lucrative RMG market.
Earlier this week the team at Citi put a buy rating and $41.00 price target on its shares.
Breville Group Ltd (ASX: BRG)
Another ASX growth share that could be a top option for growth investors is Breville. It is the leading appliance manufacturer behind the Baratza, Kambrook, Lelit, Sage, and Breville brands. Thanks to a combination of acquisitions, geographic expansion, and its investment in research and development, Breville has been growing at a solid rate for many years. Pleasingly, the company has been tipped to continue its growth in the years to come by a number of brokers.
Morgans is one of those brokers and has an add rating and $32.00 price target on its shares.
Lovisa Holdings Limited (ASX: LOV)
A final ASX growth share that could be in the buy zone this month is Lovisa. It is a fast-fashion jewellery retailer with a store network that is growing rapidly. It could be a top long term option due to its global expansion plans, new and ambitious leadership team, and the popularity of its offering.
Analysts at Morgans are very bullish and believe "now is the time LOV steps up to become a global force." Its analysts have an add rating and $24.00 price target on its shares.
