Afterpay Ltd (ASX: APT) shares have been hot property in 2020. The Afterpay share price has jumped 136.8% this year and smashed its record high time and again.
We’ve all got a little bit of regret about not buying Afterpay in recent times. That said, here’s how much $10,000 invested in Afterpay shares 12 months ago would be worth today.
What $10,000 in Afterpay shares is worth today
Impressively, Afterpay shares are up 205.8% since 12 August 2019. That’s despite the coronavirus pandemic and the March bear market which saw Afterpay fall to as low as $8.01 per share.
That means a $10,000 investment last August at $23.72 per share would have netted you 421 shares.
Multiplied by yesterday’s closing price of $72.54, that investment would be worth $30,539.34. Ouch, that hurts.
What about other top ASX growth shares?
It may seem like Afterpay is a one in a million company. That may well be the case, but there are other strong ASX growth shares on the market.
A $10,000 investment in CSL Limited (ASX: CSL) 5 years ago would be worth more than $30,000 today.
Similarly, the A2 Milk Company Ltd (ASX: A2M) share price has rocketed an eye-watering 2,588.7% in 5 years.
That means $10,000 worth of A2 Milk shares would be worth $268,863.56 today. That’s up there with Afterpay shares amongst the top ASX growth shares.
The Nextdc Ltd (ASX: NXT) share price has jumped 359.6% in 5 years to $11.95 per share. The Aussie data centre operator is hot property right now and just hit a new all-time high.
Where can I find the next Afterpay?
I think this August earnings season could provide a big clue. It looks like we’re starting to see a “two-speed” economy right now.
That means some companies and industries are outperforming while others are hammered by the coronavirus pandemic restrictions.
I’d keep an eye on Afterpay shares ahead of its August earnings result. It’s a similar story for other hot tech shares like Nextdc with investors pricing in a strong growth trajectory.
I think hot industries like renewable energy and cybersecurity could also be worth watching for the next Afterpay in 2020.
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Ken Hall has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of CSL Ltd. The Motley Fool Australia owns shares of A2 Milk and AFTERPAY T FPO. 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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