For investors willing to search through smaller stocks there are some excellent opportunities to buy today. Enterprising investors (i.e. those who expect a better return than their "defensive" counterparts) should take note of the following five stocks some of which are in the S&P/ASX300 Index (INDEXASX: XKO)
- Ebet Limited (ASX: EBT) is a gaming systems company which has a market capitalisation of $73 million. In the past year it has impressed shareholders with solid earnings growth, capital gains of 89% and a generous dividend. However, given its growth potential, it still trades cheap!
- G8 Education Ltd (ASX: GEM) is already held in many Aussie investors' portfolios but its growth could go on for many years into the future. Analysts expect G8's earnings per share to jump to around 34 cents in 2015 and are forecasting a considerable dividend payout.
- Shine Corporate Ltd (ASX: SHJ) is a law firm expanding its reach from sunny Queensland to other mainland states of Australia. Already a powerful force in personal injury law, the firm has identified other "emerging" areas of business where it'll expand in coming years. It pays a handy dividend and trades on a modest valuation.
- Hills Ltd (ASX: HIL) is a technology and communications company offering products and services ranging from television sets in hospitals to complex security systems. Hills has a rich history in clothes lines and steel production but is entering a new and exciting industry with a strong balance sheet.
- ADMEDUS FPO (ASX: AHZ) has been my favourite biotechnology stock on the ASX for some time. Its flagship product, Cardiocel, is now hitting US and European markets and will expand the company's revenue for many years. Despite climbing around 32% in the past month, in my opinion, it continues to be a solid long-term buying opportunity.
Our best dividend stock idea – yours free!
