I’m a big fan of growth shares and feel quite lucky to have such a large collection of high quality ones to choose from on the Australian share market.
But if you’re like me, you may find it hard to decide which ones to buy.
To help you on your way, I’ve picked out three of my favourite growth shares that I think are in the buy zone today. They are as follows:
Altium Limited (ASX: ALU)
I think that this award-winning printed circuit board (PCB) design software provider is one of the best growth shares to buy on the Australian share market. Over the next decade the PCB industry is expected to grow strongly, which I feel puts Altium in a great position to generate significant sales growth thanks to the quality of its products. In addition to this, I expect the company’s fledgling Octopart business to underpin the growth of its core business.
Bravura Solutions Ltd (ASX: BVS)
Another tech share to consider is Bravura Solutions. It is the fintech company responsible for the popular Sonata wealth management platform. This platform has been growing at an incredible rate over the last few years, leading to it becoming the company’s biggest contributor to earnings. The good news is that there is still a significant market opportunity for the product, which I believe means the company’s solid earnings growth could continue for a number of years to come.
Webjet Limited (ASX: WEB)
A third and final growth share to consider buying today is this online travel agent. It has been one of the best performers on the Australian share market over the last decade thanks to its consistently strong earnings growth. The good news is that this run of strong earnings growth is expected to continue in FY 2019 with management forecasting EBITDA growth of 26%. This forecast excludes the acquisition of the Destinations of the World business.
NEW! Top 3 Dividend Bets for 2019
With interest rates likely to stay at rock bottom for months (or YEARS) to come, income-minded investors have nowhere to turn… except dividend shares. That’s why The Motley Fool’s top analysts have just prepared a brand-new report, laying out their top 3 dividend bets for 2019.
Hint: These are 3 shares you’ve probably never come across before.
They’re not the banks. Not Woolies or Wesfarmers or any of the “usual suspects.”
We think these 3 shares offer solid growth prospects over the next 12 months. The first two currently offer fat, fully franked yields. The last is a surprising REIT offering you the benefits of being a landlord with none of the hassle! You’ll discover all three names and codes in “The Motley Fool’s Top 3 Dividend Shares for 2019.”
Even better, your copy is free when you click the link below. Fair warning: This report is brand new and may not be available forever. Click the link below to be among the first investors to get access to this timely, important new research!
The names of these top 3 dividend bets are all included. But you will have to hurry. Depending on demand – and how quickly the share prices of these companies move – we may be forced to remove this report.
- NEW: Free report names top 3 ASX dividend shares to buy for 2019
- Top analysts name their top 3 ASX blue chip shares for 2019
- Richest man alive issues dire warning
- 3 quality dividend shares to boost your income
Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of Altium and Bravura Solutions Ltd. The Motley Fool Australia has recommended Webjet Ltd. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.