If you have $2,000 to invest in the share market, it might be worth considering the high-quality ASX growth stocks in this article.

While growth shares can be more volatile than blue chip shares, they also offer significant long-term wealth creation potential. Investing in quality growth companies allows you to benefit from the power of compounding, as these businesses reinvest earnings to expand operations and drive further growth.

The key is to focus on companies with strong competitive advantages, scalable business models, and exposure to long-term trends. Here are two ASX growth stocks that analysts currently rate as buys.

Megaport Ltd (ASX: MP1)

The first ASX growth stock that could be a smart buy is Megaport.

Megaport is a technology company revolutionising how businesses connect their infrastructure. Its cloud-based platform allows users to create secure, scalable, and flexible networks in just a few clicks. By providing on-demand connectivity solutions, Megaport eliminates the need for traditional, costly networking hardware, making it a game-changer in the digital transformation space.

Currently, Megaport partners with global service providers, data centre operators, systems integrators, and managed services companies. It operates in over 900 locations worldwide and is growing rapidly.

The team at Morgans is very bullish on Megaport's future, particularly due to its positioning in the artificial intelligence (AI) megatrend. Its analysts recently noted that they "think it is uniquely placed to help business move data globally and benefit from the growth of data related to both cloud computing and AI."

Morgans has an add rating on Megaport's shares and a price target of $14.00.

Treasury Wine Estates Ltd (ASX: TWE)

Another ASX growth stock that could be a smart buy is Treasury Wine Estates.

It is one of the world's largest wine producers, with a portfolio of luxury, premium, and commercial brands. Some of its most recognisable labels include Penfolds, Wolf Blass, 19 Crimes, Lindeman's, Squealing Pig, Pepperjack, and Wynns.

Although the company recently downgraded its FY 2025 earnings guidance due to weaker sales in its lower-priced wine segment, Ord Minnett believes that it remains a strong investment option. Particularly given how its luxury wine segment, which includes the flagship Penfolds brand, continues to perform well and offset weakness in cheaper brands.

In addition, Ord Minnett highlights that the trend of consumers moving away from lower-end alcoholic beverages is affecting the entire industry. However, given that Treasury Wine's lower-priced wines only contribute around 6% of total group earnings, the impact is relatively minor.

In light of this, and with Treasury Wine Estates trading at one of the lowest forward price-to-earnings (P/E) ratios since being spun off from Foster's Group in 2011, it feels that now is the time to buy.

The broker has put a buy rating and $12.00 price target on this ASX growth stock.