2 fantastic ETFs for ASX growth investors to buy
2 fantastic ETFs for ASX growth investors to buy
BetaShares NASDAQ 100 ETF (ASX:NDQ) and this ETF could be perfect for ASX investors looking for growth options. Here’s why…
James Mickleboro has been a Motley Fool contributor since late 2015. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. This was the start of a love affair with Australian equities and he hasn t looked back since. James is part of the CFA Institute s Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns.
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A number of fast-growing ASX tech shares are being sold off with worries about inflation and interest rates.
Lower prices might be able offer investors a better time to buy these opportunities.
Over the long-term, these ASX tech shares may be able to recover strongly:
The Kogan share price has fallen by 40% over the last three months. Several e-commerce ASX shares have fallen heavily recently. Online shopping businesses are now cycling against strong sales performance 12 months ago during the depths of COVID-19.
Even so, Kogan is still producing high levels of sales growth. In the three months to 31 March 2021, Kogan reported that gross sales rose by 47% and revenue grew by more than 65%.