Broker names 2 ASX 50 shares to buy

As its name implies, the S&P/ASX 50 index is home to the 50 largest listed companies on the Australian share market.

This means the index is home to many of the highest quality and most well-known companies that the ANZ region has to offer.

Two ASX 50 shares that are highly rated are listed below:

Coles is of course one of Australia’s largest supermarket operators. It has been a solid performer over the last 12 months due to its defensive qualities, strong market position, and rational competition.

This led to the supermarket giant reporting a 6.9% increase in sales to $37.4 billion and a 7.1% lift in net profit after tax to $951 million in FY 2020 despite the pandemic. Pleasingly, this strong form has continued in FY 2021,…