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2 rapidly growing ASX shares to buy
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2 rapidly growing ASX shares that could be strong buys in April
fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
10 of the best ASX shares to buy in March
James Mickleboro | March 13, 2021 2:30pm |
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There are a large number of quality shares on the ASX that could deliver strong returns over the next 12 months and beyond.
Ten that are highly rated are listed below. Here’s why investors might want to consider them this month:
Adore Beauty is Australia’s leading online beauty retailer. Like many ecommerce businesses, it has been growing very strongly during the pandemic. For example, the company recently reported half year revenue of $96.2 million and EBITDA of $5.2 million. This was up 85% and 188%, respectively, over the prior corresponding period. This result went down well with analysts at UBS. In response to its release, the broker put a buy rating and $6.20 price target on its shares. It appears confident its strong market position and growing active customer numbers will support more strong growth over the 2020s.
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