Top ASX 200 Growth Shares Brokers Are Backing Now

June 17, 2025 04:11 PM AEST | By Team Kalkine Media

Top ASX 200 Growth Shares Brokers Are Backing Now — Image source: Shutterstock

Lovisa Holdings Ltd (ASX:LOV)

Operating in the fashion jewellery space, Lovisa Holdings continues to strengthen its presence both locally and internationally. With the announcement of its one-thousandth store, the company has reached a significant retail milestone. Additionally, a new jewellery brand named Jewells has been introduced in the UK, with multiple stores and a digital presence.

This move expands the group's footprint in the demi-fine segment, offering a differentiated product line under a new identity. Jewells' early rollout signals a multi-brand strategy that may support future scalability and diversification. Lovisa remains part of the ASX 200 and also appears in the ASX 100.

NextDC Ltd (ASX:NXT)

Data centre infrastructure provider NextDC is progressing with its Asia-Pacific growth strategy. A key highlight includes securing an international cornerstone client for its under-construction Kuala Lumpur facility. This contract covers substantial power commitments ahead of the site’s operational timeline.

The deal validates the relevance of NextDC's international ambitions and highlights demand for hyperscale data services. The Kuala Lumpur site is the first of its kind for the company outside Australia, and early client engagement indicates strong market interest. NextDC is a member of the ASX 200, ASX 100, and ASX 50.

Siteminder Ltd (ASX:SDR)

Siteminder, a hotel technology platform, continues to expand across a fragmented market with minimal direct competition. It offers channel management solutions along with additional transactional features, allowing hotels to consolidate operations through a single software suite.

The company’s Smart Platform is seen as a key differentiator that can enhance client engagement. With limited overlap in offerings from other providers, Siteminder’s suite allows for sustained adoption. Its expansion is driven by increased product uptake and broader hotel system integrations. The company is currently listed on the ASX 200 and ASX 300.

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