5 Best Australian Shares To Buy 2021 [Best Growth Stocks ASX]
Thanks for downloading! Please check your email and spam folder and make sureto mark emails from us as not spam.Today, we’ll look at the best Australian shares to buy on the ASX in 2021 thatwe think are the best growth stocks.Some of these best growth stocks have already made strong gains and have a lotmore upside potential to go.With record low interest rates boosting capital markets, growth stocks thatare highly leveraged to a bullish market will benefit most.Even though growth stocks have taken a beating recently due to inflation fearsand rotation into value stocks, this has presented an opportunity to grab someof the best growth stocks on the ASX for cheap.
The Best Australian Shares To Buy 2021
We’ve outlined the 5 best growth stocks to buy that we have found to have agood business plan with lots of upside potential and represents some of thebest that the ASX has to offer.
How Do We Find Growth Stocks To Buy?
Growth stocks are generally driven almost entirely by qualitative factors suchas first mover advantage, quality and quantity of assets, permits andtechnology.Quantitative factors such as profit, revenue and so forth generally take aback seat.Even though it is imperative that their financials are sound, when it comes togrowth stocks, we are buying the story and perceived future value.However, the very nature of valuing companies through qualitative factorsmeans that there is a lot of room for error, opinion and subjectivity.This means that high growth stocks tend to be small-cap, high risk and highlyspeculative.The hardest part when it comes to finding growth stocks is the ability toprocess the information and factors at hand to make a good judgement call.Our Research team specialises in this and has combed the ASX for some of thebest growth stocks on the Australian market.
Top 10 IT Stocks to Buy in India – List of Best IT Shares to Buy
In this article, readers will be introduced to the 10 Best IT Stocks to Buy inIndia. These companies are doing exceptionally well economically in the marketand hold great positions worldwide.Investors can get guaranteed returns from these shares as they are of the ITmarket leaders. Thus, investment risks can be eliminated to a major extentwith these stocks.At first, readers should learn about the Top 10 Tech shares, and they are ofTCS, Infosys, HCL Technologies, Wipro, Tech Mahindra, Larsen & Toubro InfotechLtd., Oracle Fin, MphasiS, MindTree, and L&T Technology Service Ltd.These companies are the top ones in the nation and are offering premiumservices to popular brands across the globe.One can expect to earn the best return by investing in the stocks of thesecompanies. Therefore, readers should not miss out on any point for learningmore about IT shares.* * *
Tata Consultancy Services Ltd. – Best IT Shares to buy in India
Tata Consultancy Services Ltd. or TCS is undoubtedly the highest-grossing ITcompanies in India.This share is considered as the Best Software Shares to buy for itsextraordinary performance in the past few years. The 52 weeks high-low ratioshows that TCS shares are going up aggressively.It 52 weeks low was 1506.05 while the 52 weeks high is 2358. TCS has anestimated market capitalization of Rs. 858845.81 crores which is a huge figurein the national market. Its trading volume is 5,232,180 that shows the highamount of indulgence of traders.TCS is a subsidiary of the most trusted Tata Group, and its client baseincludes big names from different countries. It shares a high amount ofdividend of 3.41% with its shareholders.* * *
Infosys Ltd. – Top IT Stocks to buy in India
The second rank holder among the 10 Best IT Stocks to buy in India is InfosysLtd. Its net worth is Rs.391480.20 crores, and the total trading volume is8,650,414. This company has managed to overcome its 52 weeks low with a goodfigure.The 52 weeks low was 509.25 and the 52 weeks high was 986.45 for Infosys Ltd.shares. Investors get a dividend of 1.9% from this company. The EPS orEarnings per Share is quite high, and it is Rs. 39.98.Infosys has been serving a huge client base for a very long time, and itsperformance has helped in earning a lot of goodwill in the market.* * *Check out the list of best stocks to buy from other sectors* * *
HCL Technologies Ltd. – Most Traded IT Shares in India
HCL Technologies Ltd. has fetched the third position among the 10 Most TradedTech Shares in India. This share has performed well in the share market andditched the 52 weeks low effectively.HCL Technologies shares have 52 weeks low of 375.25 and the 52 weeks high was729. The total worth of the company is Rs. 190173.65 crores at present.Its trading volume has gone up to 3,354,884 in the past few years, and thisproves the large number of investors drawn by the company.Clients get a dividend share of 1.43%, which boosts their profit. HCLTechnologies Ltd. is a profitable option to invest as it has a huge turnoverevery year.* * *
Wipro Ltd. – Top 10 IT Stocks to buy
Wipro Ltd. is one of the biggest IT companies in India, and its businesshorizons are expanding aggressively.Its share is counted among the Top 10 Technology Stocks to buy as it has beenperforming exceptionally well in the stock market. Wipro Ltd. stock has comeup with a bang after its 52 weeks low and given new hope to investors.The 52 weeks low was recorded as 159.40, whereas the 52 weeks high was 290.80.This company’s net market capitalization is Rs.157718.51 crores, and thetrading volume is 10,707,714.Wipro has been serving relentlessly for more than seven decades and givesevery reason to be relied on.* * *
Tech Mahindra Ltd. – Best IT Shares in India
The 5th position in the list of the 10 Best IT Shares to buy in India is heldby Tech Mahindra Ltd.This company is one of the A-listed IT companies in India with a total worthof Rs. 72289.41 crores. The Tech Mahindra shares have shown a massive growthif the 52 weeks high-low ratio is assessed.It 52 weeks low was 471.40, and 52 weeks high was 845.90. Investors are givena dividend of 2% by the company.The trading volume of Tech Mahindra shares is 2,954,870, and this denotes thata large number of shares are traded daily.This company’s great stock market performance and large customer base aresolid reasons for investing in its shares.* * *Here are the list of Top Stocks to Buy from other Sectors* * *
Larsen & Toubro Infotech Ltd. – Top IT Shares to buy in India
Larsen & Toubro Infotech or L&T Infotech shares are the sixth position holderamong the Top Software Shares to buy in this country.This company has a net market worth of Rs. 43172.93 crores. The trading volumeof L&T Infotech shares is very high, and it is of 206,186.According to market analysis, the 52 weeks low of this share was 1210 and the52 weeks high was 2550.Shareholders receive a decent portion of a dividend of 1.13% if they holdshares of this top-notch IT Company.L&T Infotech Ltd. has a wide service portfolio and serves a large number ofclients across the world.* * *
MindTree Ltd. – Top Software Stocks to buy in India
MindTree Ltd. holds the penultimate position among the 10 Top IT Stocks inIndia that can be bought for profitable returns.It was established in 1999 and had headquarters in India and the USA. Thisshare has overcome its 52 weeks low efficiently and has caught the momentumactively.The net worth of MindTree shares is Rs.19652.61 crores, and this figure isincreasing rapidly.A huge volume of shares of this company is traded daily, and the figure is867,108. Shareholders earn a dividend of 1.09%, which adds to the profitaccount.Its 52 weeks low was 667 and 52 weeks high was 1225.* * *
IT Stocks to Buy – Conclusion
This article has provided comprehensive knowledge on the top 10 TechnologyShares to buy in India. These shares are doing great in the market, and theyenable an investor to earn a huge amount of profit.One should, however, assess these Software Stocks to buy carefully beforepurchasing them for the long term to ensure a good amount of profit.* * *Open Demat Account with your Favorite Broker* * *Most Read Articles* * *Opinion: 10 Best ASX Stocks to Buy NowIn the past year, the ASX 200 has returned an impressive 24%, the bestperforming year since 1987. The economic recovery from the COVID-19 pandemichas likely bolstered the index’s performance. However, even more impressive isthe performance of the below ASX stocks which have risen up to 3000% in thelast 12 months ending June 30, 2021.In the past 12 months, these are the top 10 stocks on the ASX that rose themost: 1. Magnetite Mines (ASX:MGT) 2. Ultima Utd Ltd (ASX:UUL) 3. Podium Minerals (ASX:POD) 4. Mindax Limited (ASX: MDX) 5. Sagalio Energy Ltd (ASX: SAN) 6. East Energy Resource (ASX: EER) 7. Aquis Ent Ltd (ASX: AQS) 8. Venturex Resources (ASX: VXR) 9. Globe Metals & Mining (ASX: GBE) 10. 8Vi Holdings Limited (ASX: 8VI)Could these be the best stocks to buy right now? Let’s explore in more detail.