If you’re looking to invest in shares following the recent market crash, then the three listed below could be good options.
I believe all three have the potential to provide investors with strong returns over the next decade. Here’s why I would buy them:
a2 Milk Company Ltd (ASX: A2M)
I’m a big fan of a2 Milk Company due to its long track record of earnings growth, strong and unique brand, massive market opportunity, and sizeable cash balance. Combined, I believe these have positioned a2 Milk Company to continue its strong form for many more years to come. This certainly is expected be the case this year. Management recently upgraded its guidance for the full year thanks to stronger than expected infant formula demand. The top end of its guidance range implies year on year revenue growth of 34.1% and EBITDA growth of 35.4%.
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
If you’re interested in investing outside Australia then the BetaShares Asia Technology Tigers ETF could be a good option. This exchange traded fund gives investors exposure to many of the biggest and brightest tech companies in the Asian market. These companies are revolutionising the lives of billions of people in the region and look well-positioned for strong growth over the next decade. The fund includes ecommerce giant Alibaba, search engine company Baidu, and Afterpay Ltd (ASX: APT) shareholder and WeChat owner, Tencent.
Freedom Foods Group Ltd (ASX: FNP)
I think this diversified food company could be a good option for investors. Over the last couple of years it has been investing heavily in its future growth. This investment period has now come to an end, leaving Freedom Foods well-placed to reap the benefits. I believe it is in a position to deliver strong earnings growth over the coming years. Especially given the increasing demand its Plant Based Beverage and Dairy Nutritionals businesses continue to experience thanks to the healthy eating trend.
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Returns as of 6/5/2020
More reading
- If you invested $10,000 in the Afterpay IPO, this is how much you’d have now
- Is the Zip share price in the buy zone?
- Is $1,000 of A2 Milk shares a good investment?
- Why Afterpay, Flight Centre, Mesoblast, & Sezzle shares are dropping lower
- Safe dividend stocks to buy today for the COVID-19 world
Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended BetaShares Asia Technology Tigers ETF. The Motley Fool Australia owns shares of A2 Milk and AFTERPAY T FPO. The Motley Fool Australia has recommended Freedom Foods Group Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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