Are these 2 high-flying ASX shares buys?
City Chic and Pro Medicus are high flyers. But are these ASX shares buys?
Tristan Harrison has been a contributor to The Motley Fool since October 2016. He has an advanced diploma from the Association of Accounting Technicians (UK) and is currently studying to be a Chartered Institute Management Accountant. Tristan s goal is to help Australians learn about the great businesses listed on the ASX that will help grow their portfolio, wealth and confidence about investments over the long term. He s a keen tennis fan and can t wait for the next Australian Open to roll around.
The 2 top small cap ASX shares in this article could be buys for investors looking for businesses with smaller market capitalisations. The post 2 top small cap ASX shares that might be buys appeared first on The Motley Fool Australia.
There are some small cap ASX shares out there that are growing quickly.
Businesses that are fairly small but increasing in size can unlock growing profit margins, which helps the bottom line.
Over time, a smaller business can turn into a mid-cap if it can keep capturing market share.
What does MNF do? It’s a business that develops and operates a global communications network and software. It helps the new generation of companies help customers with their communication needs.
The business has a number of strategic priorities to continue growing.
It’s targeting 20% year on year growth in domestic markets. MNF wants to grow its strategic customers and build its direct channel partner business.
2 impressive ASX shares to buy in April 2021
Tristan Harrison | April 2, 2021 9:50am |
More on: Image source: Getty Images
We’re already into April 2021. There are some really impressive ASX shares that could be worth taking note of and investigating.
The below businesses are delivering solid levels of growth right now and have compelling international business growth plans to keep growing for years to come.
These two ASX shares could deliver outperformance over the coming years:
Bapcor is one of the leading auto parts business in Australasia with a number of operating businesses including Burson and Autobarn.
A key to unlocking growth for the coming years has been the diversification of its operations. It has made some acquisitions in the trucks parts space and perhaps most interestingly, it’s looking to grow a large Burson network in Asia.