Easter is a time for chocolate, long weekends, and maybe a bit of overindulgence. But with cocoa prices soaring and Easter eggs costing more than ever, investors might want to consider saving the money (and the calories) and putting it to work in the share market instead.
Here are three ASX shares that could be worth considering this month.
Breville Group Ltd (ASX: BRG)
The first ASX share that could be a smart buy this Easter is Breville. Breville designs and sells premium kitchen appliances across global markets, with its products found in countless homes throughout North America, Europe, and Australia. Its focus on innovation and quality has helped it build a strong brand and loyal customer base.
One of the key drivers of its long-term growth is its expansion in the United States. As it continues to deepen relationships with major retailers and increase brand awareness, Breville has a significant opportunity to grow its market share. This is especially the case in the booming coffee market, where Breville is having significant success.
With a scalable business model and exposure to global consumer demand, Breville could continue delivering solid growth over the years ahead.
Light & Wonder Inc. (ASX: LNW)
Another ASX share that could be worth considering is Light & Wonder. Light & Wonder operates across gaming, digital, and social casino markets, creating content and platforms that generate recurring revenue from players around the world.
A key strength of the business is its diversification. It earns revenue from land-based gaming machines as well as digital channels, which provides multiple avenues for growth. The company is also benefiting from the ongoing shift towards digital gaming, where engagement levels and monetisation opportunities are strong.
With a growing portfolio of popular games and platforms, Light & Wonder appears well placed to build on its momentum. And with its shares down heavily from their highs, now could be an opportune time to invest.
Xero Ltd (ASX: XRO)
A third ASX share that could be a top pick this Easter is Xero. Xero provides cloud-based accounting software to small and medium-sized businesses, with a strong presence across Australia, New Zealand, and international markets.
Its platform plays a critical role in helping businesses manage their finances, which makes it deeply embedded in customer operations. This leads to high retention rates and recurring subscription revenue.
Looking ahead, Xero still has a large opportunity to expand globally and increase its average revenue per user through additional services. Combined with the ongoing shift towards cloud-based software, this could support long-term growth.
And while there are fears about AI disruption, Xero’s recent deal with AI giant Anthropic is starting to allay these concerns. So, with its shares down 60% from their high, this could be one to consider when the market reopens.
Key Considerations for Investors
Before making any investment decisions, it’s important to conduct thorough research and consider your financial goals. Each of these companies presents unique opportunities and risks, and it’s essential to evaluate them based on your personal circumstances.
For example, Breville offers growth potential through its expansion in the U.S. market, while Light & Wonder benefits from the shift to digital gaming. Xero, on the other hand, is positioned to capitalize on the increasing demand for cloud-based accounting solutions.
Investors should also keep an eye on broader market trends, including economic conditions, industry-specific developments, and regulatory changes. Diversification remains a key strategy for managing risk and achieving long-term financial objectives.
Ultimately, the decision to invest in any of these ASX shares should be made after careful consideration and consultation with a qualified financial advisor. Whether you’re looking for short-term gains or long-term growth, understanding the fundamentals of each company can help you make informed choices.
