Some investors might think May is the time to “sell and go away”. However, here are the ASX 200 shares brokers think could beat the market.
ASX 200 shares to buy in May
Graincorp Ltd (ASX: GNC)
The typically slow-moving Graincorp share price is up a surprising 20% year-to-date. Its shares lifted into 8-year highs following a positive business update that upgraded 2023-24 earnings by an additional $25 million.
In anticipation of its first-half results on 13 May, Morgans is forecasting earnings before interest, taxes, depreciation, and amortisation (EBITDA) growth of 29%. This is underpinned by a record east coast grain crop and further contributions from its strategic initiatives.
Furthermore, the broker retained an add…