MENU

Could these 3 small cap share ideas juice your ASX portfolio?

Credit: Didriks

Catapult Group International Ltd (ASX: CAT), Gentrack Group Ltd (ASX: GTK) and Austock Group Limited (ASX: ACK) shares look like long-term winners.

But, can they juice the returns of your ASX portfolio?

Catapult

Catapult is a Melbourne-based sports analytics and technology business. The company is the market leader of GPS technology for professional sporting teams. You may have noticed the small GPS units that sit between the shoulders of football, cricket or NBA players.

The company is somewhat speculative, with a valuation to match. However, following a recent fall in its share price; some long-term, enterprising investors may think it is an opportunity for an outside shot at success.

Gentrack

Gentrack is a Kiwi software business, which specialises in services for airports and utility companies. Gentrack has wasted no time swooping in on the UK water market, which recently deregulated.

While the company’s share price has shot up and I wouldn’t call it a ‘bargain’ in a conventional sense, I think it holds long-term slow-growth potential.

Austock

This small financial company is relatively unknown but it has been a long-term success for its loyal shareholders – its share price is up 530% in five years. Austock is one of the leaders in Insurance/Investment Bonds. These products might seem like a complicated investment at first, but I believe more investors will be taking advantage of Austock’s tax-effective products in the future.

Foolish Takeaway

These small cap companies could add some fuel for your portfolio’s mule. Some pep in your step. And some gas to your…asymmetric return profile.

However, these companies should be considered ‘higher risk’ at today’s prices, so approach them with your eyes wide open.

RICH listers now know the power of dividend shares!

In FY 2018 share market investors are staring down the barrel of ballooning global debt and potential geopolitical powder keg. But thankfully one Foolish expert is revealing 5 of his favorite dividend payers for wealth-creating income whatever the global weather...

But you must act now. This updated report is available for a limited time only, and your copy is 100% free. So don't miss out!

Simply click here to receive your free copy of "Our Top 5 ASX Dividend Shares to Earn You Money in 2018" right now.

Motley Fool Contributor Owen Raszkiewicz does not have a financial interest in any company mentioned.

You can follow him on Twitter @OwenRask.

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.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.