This week analysts at one of Australia’s leading stockbrokers, Morgans, released a list of nine small to mid-cap shares which they think are buys right now.

Having looked through the list I would have to agree with their analysts on almost all of them. The shares in question are as follows:

Ardent Leisure Group (ASX: AAD)

The company’s Main Event family entertainment centres in the United States are the big attraction to Ardent Leisure in my eyes. With the sale of Goodlife Health Clubs and its marinas expected to accelerate the growth of these highly lucrative centres, now could be a great time to invest.

Bellamy’s Australia Ltd (ASX: BAL)

This organic infant formula producer looks to be a bargain buy in my opinion. At just over 17x estimated FY 2017 earnings, I believe this is incredibly cheap considering its explosive growth prospects.

Catapult Group International Ltd (ASX: CAT)

This leading sports analytics company keeps going from strength to strength. Its share price may have got ahead of itself earlier this year, but appears to be reasonably priced now for a long-term investment.

Corporate Travel Management Ltd (ASX: CTD)

According to research by McKinsey, around US$1 trillion is spent each year on business travel. This is expected to grow at a reasonably solid rate for the foreseeable future thanks largely to strong growth in the Asia market. Corporate Travel Management appears well positioned to benefit from this growth.

EVOLUTION FPO (ASX: EVN)

As I’m reasonably bearish on gold right now this is one that I wouldn’t rush into myself. However, if the gold price does consolidate at current levels for a sustained period Evolution would be a good option for investors looking for exposure to the gold miners.

GBST Holdings Limited (ASX: GBT)

GBST is a leading software provider to the financial services industry. I feel regulatory changes in the UK market could help the company win new clients and be the catalyst to driving strong earnings growth for the next few years.

Impedimed Limited (ASX: IPD)

This growing medical device company is definitely one to watch. The company has two key products which I believe have strong potential. Its SOZO device allows users to track body composition, fluid status, and hydration levels. Its L-Dex lymphoedema detection product has launched in the US and is pursuing the Chronic Heart Failure business.

Kina Securities Ltd (ASX: KSL)

Kina Securities is a lender, wealth manager, and stockbroker that conducts all of its operations in Papua New Guinea. Morgans believes it is looking cheap based on forward earnings and expects it to provide a dividend yield in the region of 9%.

PWR Holdings Ltd (ASX: PWH)

Brisbane-based PWR Holdings makes radiators and custom cooling systems for motorsports teams that race in the Formula One, NASCAR, and V8 Supercars. Impressively, the company delivered a 45.6% rise in sales this year to $47.7 million.

If you're looking for even more investment ideas for this month then look no further than these rapidly growing shares too. Each has the potential to bolt higher in the months ahead if you ask me.

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Motley Fool contributor James Mickleboro has no position in any stocks mentioned. The Motley Fool Australia owns shares of Bellamy's Australia and Corporate Travel Management 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 Bruce Jackson.