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Here are 3 growth shares at the top of my shopping list this month

Whilst some investors believe that you should sell in May and go away, I would ignore this old adage and continue investing in the share market this month.

Three shares which are at the top of my shopping list right now are listed below. Here’s why I would snap them up:

It hasn’t been a great year for the Ardent Leisure Group (ASX: AAD) share price. It is down 11% year-to-date as the embattled Dreamworld business continues to weigh heavily on its results. But I believe investors should look beyond Dreamworld to its lucrative US-based Main Event segment, which now contributes approximately 63% of the company’s EBITDA. Management plans to accelerate the roll out of these centres, ultimately targeting upwards of 200 centres. This is a big increase from the 31 centres operating today.

Although the Ramsay Health Care Limited (ASX: RHC) share price has performed strongly in the last 12 months, I don’t believe it is too late to snap up shares today. In my opinion Ramsay is one of the best buy and hold investment options available on the Australian share market. With demand increasing due to ageing populations, increased chronic disease burden, and improvement in treatments, I think Ramsay is in a great position to grow its bottom line at an above-average rate over the next decade. While 30x trailing earnings is by no means cheap, I think its long-term growth prospects more than justify the premium.

The Webjet Limited (ASX: WEB) share price has climbed a whopping 85% in the last 12 months. The catalyst for this was a stunning half-year result which saw net profit after tax growth of 86.9%. Strong bookings growth and market share gains in each of its businesses were behind the strong result. With management expecting more of the same in the second-half, I think that this online travel agent is still a buy despite its incredible rally.

For those investors looking for even more growth shares to invest in, look no further than these high-flying blue-chips. I'm tipping them for big things over the next few years.

Top 3 ASX Blue Chips To Buy In 2017

For many, blue chip stocks means stability, profitability and regular dividends, often fully franked..

But knowing which blue chips to buy, and when, can be fraught with danger.

The Motley Fool's in-house analyst team has poured over thousands of hours worth of proprietary research to bring you the names of "The Motley Fool's Top 3 Blue Chip Stocks for 2017."

Each one pays a fully franked dividend. Each one has not only grown its profits, but has also grown its dividend. One increased it by a whopping 33%, while another trades on a grossed up (fully franked) dividend yield of almost 7%.

If you're expecting to see the likes of Commonwealth Bank, Telstra and Wesfarmers shares on this list, you'll be sorely disappointed. Not only are their dividends growing at a snail's pace, their profits are under pressure too due to the increasing competitive environment.

The contrast to these "new breed" blue chips couldn't be greater... especially the very real prospect of significant share price gains, something that's looking less likely from the usual blue chip suspects.

The names of these Top 3 ASX Blue Chips are included in this specially prepared free report. But you will have to hurry. Depending on demand - and how quickly the share prices of these companies moves - we may be forced to remove this report.

Click here to claim your free report.

Motley Fool contributor James Mickleboro has no position in any stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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.

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