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2 ASX 200 shares to buy for growth
Tristan Harrison | February 10, 2021 5:15pm |
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The two
S&P/ASX 200 Index (ASX: XJO) shares in this article could be worth considering for the growth that they are generating right now.
Here they are:
Bapcor describes itself as the leading Australasian business for auto parts. It has various divisions including trade businesses (including Burson Auto parts), retail (including Autobarn), specialist wholesale (including AAD and Commercial Truck Parts Group) and services (including Midas and ABS).
The company has national networks across Australia and New Zealand. It also has a growing network of locations in Thailand.
Burson Auto Parts turns 50
Burson Auto Parts turns 50
January 11, 2021
Aussie automotive aftermarket giant to mark golden anniversary this year
Australia’s Burson Auto Parts will celebrate its 50th birthday in 2021, marking five decades of operations with a number of trade promotions and events throughout the year.
The ‘true blue’ Burson Auto Parts success story started in 1971, when company founders Ron Burgoine (the ‘Bur’ in Burson) and Garry Johnson (the ‘son’ in Burson) began selling auto parts to Victorian automotive workshops from the boot of their cars.
Since then it has become one of Australia’s biggest trade suppliers of automotive parts, tools, accessories and workshop equipment, with 190 stores nationwide, more than 1000 suppliers, 1800 staff and about 30,000 trade customers.
3 top ASX shares rated as buys by fund managers
Tristan Harrison | December 10, 2020 3:52pm |
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Here are three of those opportunities:
Eley Griffiths Group is a fund manager that likes Reject Shop as an opportunity. The Eley Griffiths fund that invests in ASX shares has outperformed the S&P/ASX Small Ordinaries Accumulation Index by more than 10% per annum in recent years.
The fund manager believes that the global economy is now in a recovery phase, starting in China and spreading outwards.
Regarding Reject Shop, Eley Griffiths said in an ASX release of
Future Generation Investment Company Ltd(ASX: FGX): “the ASX share sits at the early stages of a planned multi-year turnaround. New management have a reset balance sheet, strong brand and an operating model awaiting refinement. We have identified several levers where value for shareholders should be unlocked.”
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