3 excellent ASX shares for growth investors in January

3 things

Are you interested in adding some ASX growth shares to your portfolio in January? If you are, you may want to look at the ones listed below.

Here’s what you need to know about these growth shares:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

The first growth share to consider is actually an ETF that gives investors easy exposure to many of the Asian region’s best growth shares. The BetaShares Asia Technology Tigers ETF is home to ~50 companies that are leading Asia’s technological revolution. These include Alibaba, JD.com, Pinduoduo, Samsung, Taiwan Semiconductor, and WeChat owner Tencent. And while regulatory concerns have been weighing on their shares this year, some analysts believe this has created a buying opportunity.

Breville Group Ltd (ASX: BRG)

Another ASX growth share to look at is Breville. It is the leading appliance manufacturer behind the Sage, Kambrook, Baratza, and eponymous Breville brands. These brands have been resonating extremely well with consumers for many years, underpinning consistently solid sales and earnings growth. The good news is that this is expected to continue in the future thanks to favourable industry tailwinds, its continued investment in research and development, and its global expansion. Macquarie is a very positive on Breville. The broker currently has an outperform rating and $34.37 price target on its shares.

Hipages Group Holdings Ltd (ASX: HPG)

A final ASX growth share to look at is Hipages. It is a leading Australian-based online platform and software as a service (SaaS) provider connecting consumers with trusted tradies. There are currently over 30,000 tradies using the platform, which is underpinning strong growth across all its key metrics. In addition, the company just announced the acquisition of New Zealand rival Builderscrack. This gives Hipages access to a NZ$26 billion total addressable market and 4,000 active tradies. Goldman Sachs is a big fan of Hipages. It currently has a buy rating and $5.15 price target on its shares.

The post 3 excellent ASX shares for growth investors in January appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Hipages Group Holdings Ltd. The Motley Fool Australia has recommended BetaShares Asia Technology Tigers ETF and Hipages Group Holdings Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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