Capital Management Services- 5 Best Australian Shares To Buy In 2021 From small to large cap, there are many solid shares traded on the ASX. Assuming your objective is capital growth on the back of robust fundamentals; Capital Management Services would seriously consider the following companies for inclusion in your equity market investment portfolio.
Fineos – Ticker Symbol – ASX:FCL This company is a leading provider of core systems for life accident and health insurers, globally, with 7 of the 10 largest group life and health carriers in the USA, as well as 6 of the largest life insurers in Australia. It has recently reported great earnings exceeding industry expectations. With fantastic forward guidance and a strong pipeline of new clients and opportunities, it has de-risked its reliance on big clients. Additionally, is has huge potential for the product TAM – Total Addressable Market. Nick Scali – Ticker Symbol – ASX:NCK Nick Scali Ltd engages in the retail and importation of household furniture and related accessories in both Australia and New Zealand. Essentially, it is a high-end furniture company with a strong 15 year track record of shareholder growth.
Capital Management Services- 5 Best Australian Shares To Buy In 2021 Again, great results were reported during earnings season, due to conservative guidance where management astutely factored in lockdowns. It has a huge order bank with end of year order book 35% higher than last year. Importantly, its online showroom division grew six fold over the last year.
Imdex – Ticker Symbol – ASX: IMD A leading global mining mining-tech company which enables successful and cost effective operations from exploration to production. It is currently trading at a reasonable discount to the ASXsmall industrial index. Its portfolio of clients consists of 18 of the top 50 mining companies. There are not too many mining-tech companies in Australia despite the huge potential for them. Its Reflex units on hire are at record levels with huge demand from both Australia and the USA. PWR Holding – Ticker Symbol - ASX: PWH PWR are involved in the design, prototyping, production, testing, validation and sales of cooling products and solutions to the motorsports, automotive aftermarket and emerging technology sectors for domestic and international markets.
Capital Management Services- 5 Best Australian Shares To Buy In 2021 They have a tremendous track record of growing both top and bottom line. The company’s debt exposure has recently been reduced by a substantial 53%. Their cooling systems are used by every Formula 1 racing team. Essentially, they are in a niche market where they are masters of it.
Cirralto – Ticker Symbol – ASX: CRO This is a transaction services business supply company with a broad range of B2B payment services, digital trading software and integrated solutions. It is on a mission to fundamentally change the way people do business by implementing digital tools that streamline business processes, improve efficiency and payment practices, so that businesses can trade faster and get paid quicker. It has a huge addressable market – TAM, which equates to massive opportunities. With strong revenue growth of 157% and customer growth up by 113%, it is certainly moving in the right direction. It is exciting but early days for this company. However, it has signed some important agreements with the likes of Visa / MasterCard. For the remainder of 2021 – Q4 effectively, these are my choice picks, but as always do your own thorough research.