Here are 3 more ASX ‘champion stocks’ to buy and hold for 5 years

With the market rebounding, now might be a great time to look at adding some new ASX shares to your portfolio.

If you’re wanting to invest in the best shares, then you may want to consider the “champion stocks” that Bell Potter is recommending as buys.

The first three can be found here, the next three ASX stocks can be found below:

Lendlease Group (ASX: LLC)

Bell Potter believes that this global property and infrastructure company could be a top buy and hold option. This is due to its exposure to urban regeneration and its significant development pipeline. It explains:

An international property and infrastructure group with operations in Australia, Asia, Europe, and the Americas. Its core lines of business are developing, constructing, owning and co-investing in property and infrastructure assets. The international markets offer substantial growth opportunities, especially in the field of urban regeneration—the group’s urbanisation pipeline end value is currently around A$104 billion around the world.

Netwealth Group Ltd (ASX: NWL)

Another ASX stock that the broker is tipping as a top buy and hold option is Netwealth. It is an investment platform provider that looks set to benefit from structural changes in the wealth management sector. The broker commented:

A specialist investment platform technology provider in Australia that offers investment management solutions to financial intermediaries, who provide financial advice on superannuation and other investments, and self-directed individuals who have chosen not to seek advice. In recent years, the group has been taking market share from the institutional platform providers such as the major banks and other large diversified financial companies. Looking forward, a structural shift within the wealth management sector from large vertically integrated players towards the more independent players should further boost the group’s growth outlook.

Transurban Group (ASX: TCL)

A final ASX stock that Bell Potter believes investors should buy and hold is Transurban. It is a toll road giant with assets across Australia and North America. The company also has a significant development pipeline to underpin its future growth, which will be supported by population growth. Its analysts said:

Australia’s largest builder, owner and operator of urban toll road networks. The group also has toll road assets in North America. The group’s current pipeline of growth projects is $3.3 billion (TCL’s share of total project cost) and further huge development opportunities are expected over the next few decades supported by population and economic growth.