Australia Markets open in 6 hrs 33 mins

Where to invest $10,000 in ASX 200 shares in 2020

James Mickleboro
Portfolio Management Growth

If you’re able to put aside approximately $1,000 per month over the next 10 months, by the middle of next year you’ll have saved $10,000 to invest in the share market. At which point you’ll have to decide which shares to buy.

Whilst a lot can change between now and then, three shares that I’m betting on being market-beaters in 2020 are listed below.

Here’s why I think they could be great options next year:

Altium Limited (ASX: ALU)

Altium is a design software company which I think has the potential to not just beat the market in 2020, but also over the next decade. This is because the company’s award-winning printed circuit board design software has a massive opportunity due to the growing Internet of Things market. This market has been tipped to grow materially over the next decade, which is likely to lead to a strong increase in demand for its software and equally strong profit growth as the benefits of scale are realised.

Nearmap Ltd (ASX: NEA)

Nearmap is a leading aerial imagery technology and location data company which I believe is well-placed to continue its impressive form in FY 2020. In FY 2019 Nearmap reported record annualised contract value (ACV) of $90.2 million, which was a 36% increase year on year. This was driven largely by further explosive growth in the massive United States market and supported by solid growth in the core ANZ market. Given its sizeable market opportunity, new product launches, and potential expansions, I believe Nearmap has a very bright future ahead of it.

Webjet Limited (ASX: WEB)

Another share to consider buying in 2020 is leading global online travel agent Webjet. Over the last decade its shares have generated an average total return of 25.6% per annum. And thanks to its popular brands, the shift to online booking, acquisition opportunities, and its plan to expand its profit margins, I believe it is well-positioned to continue its impressive form in FY 2020 and beyond.

And here are three top growth shares that a leading analyst have tipped as market-beaters in 2020.

Our Top 3 Blue Chip Shares for 2019 – NOW AVAILABLE!

You’re invited! For a limited time, The Motley Fool Australia is giving away an urgent new investment report detailing our 3 TOP BLUE CHIP SHARES to own in 2019.

So if you like trustworthy, stable, high-performing companies that pay fat fully franked dividends – we’ve got you covered!

Stock #1 is a beloved old Australian company turning its attention to high-margin businesses... and rapidly returning cash to shareholders with its hefty dividend...

While Stock #2 is an online powerhouse that’s rapidly gaining market share all around the globe... poised for years (or even decades) of tremendous growth...

Even better, Stock #3 offers a whopping 6.5% grossed-up dividend! Which beats the rates on term deposits right out of the water – and offers the potential for capital gains, too.

You can discover all three shares inside our new report right now. To scoop up your FREE copy, simply click the link below right now. But you will want to hurry – this free report is available for a LIMITED TIME ONLY!


More reading

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 Altium and Nearmap Ltd. The Motley Fool Australia has recommended Nearmap Ltd. and Webjet Ltd. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Motley Fool's purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 2019