Buy these 3 stocks now to get rich later

It’s all well and good to stock up on solid, high-yielding blue chip corporations, but the real money is made by investing in the blue chips of tomorrow. That is, companies that are growing strongly and could be much bigger five, 10 or even 20 years into the future.

Although there are certainly risks attached to betting on the future, finding the most promising stocks today can pay off big time in the future. Right now, I believe the three companies listed below have bright futures. Although they won’t come cheap, they still present as attractive buys.

  1. Greencross Limited (ASX: GXL) is a provider of veterinary services which has acquired lots of small veterinary clinics and pet retail brands to become one of the leaders in the industry. As it stands, dogs and other household pets are increasingly becoming part of the family whereby pet-owners are willing to pay higher premiums for the best care for their loved ones. While it currently controls an estimated 7.5% of the local market, it maintains a target of 20% market dominance in the coming years.
  2. Carsales.Com Ltd (ASX: CRZ) is one of Australia’s leading car sales websites. Although some investors might be turned off by just how strongly the company’s shares have grown in recent years, there is good reason to believe there is still plenty of gas left in its tank. To begin with, more and more buyers and sellers are using the website which is creating somewhat of a moat for the website, making it more difficult for competitors to steal market share. Margins and overall profitability should continue to strengthen over the coming years, making now an excellent time to stock up.
  3. Shine Corporate Ltd (ASX: SHJ) is a junior Australian law firm which boasts strong potential in the growing Personal Injury market. In addition to geographical expansion across Autralia, it is also exploring other practice areas, such as professional negligence and environmental law. I bought shares in the business roughly two months ago and am already sitting on a 17% gain and expect the shares to continue appreciating over the coming years.

Even better: Here's another ASX company with the recipe for tremendous long-term returns

I've got one more ASX stock on my watch list, and I'm not the only one excited by this small company's massive potential. With solid growth prospects and a fat, fully franked dividend, The Motley Fool's top analyst recently named this stock his #1 dividend pick for 2014-2015. You can read his in-depth report for FREE simply by clicking here now.

Motley Fool contributor Ryan Newman owns shares in Shine Corporate Ltd.

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