3 speculative ASX shares with huge potential

The Bubs Australia Ltd (ASX:BUB) share price is one of three which I feel could have significant upside potential in the long-term. Here's why…

| More on:
a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

As well as high quality blue chip shares such as Telstra Corporation Ltd (ASX: TLS), I believe the Australian share market is home to a good number of small-cap shares with huge growth potential.

Three of the more speculative ones that I think could be worth keeping a close eye on are listed below. Here's why I think they could be destined for big things in the future:

Avz Minerals Ltd (ASX: AVZ)

This mineral exploration company is certainly one to watch thanks to the world class potential of its Manono lithium project in the Democratic Republic of Congo. The company has just started drilling at the site and early signs have been incredibly positive. The assay result of the first of seven drill holes at the Manono site revealed the presence of high-grade lithium mineralisation. Considering demand for lithium is expected to rise strongly over the next decade, Avz could be positioned perfectly to profit.

Bubs Australia Ltd (ASX: BUB)

I've been incredibly impressed at the way this baby food and infant formula company has developed its business in the last few months. Thanks to agreements with Brilite Nutritionals and NetEase Kaola.com, Bubs has significantly expanded the availability of its products in the massive China market. Only time will tell whether this ultimately leads to sales volumes that rival a2 Milk Company Ltd (Australia) (ASX: A2M), but it certainly has given itself a fighting chance in my opinion.

Fastbrick Robotics Ltd (ASX: FBR)

The company behind the Hadrian-X bricklaying robot recently placed shares with US-giant Caterpillar. Furthermore, the two parties agreed to enter into a memorandum of understanding to discuss and develop a potential framework for collaboration which ultimately will decide how best to offer Fastbrick's technology to Caterpillar's construction customers. For those unfamiliar with Hadrian X, the robot can lay 1,000 standard brick equivalents per hour. By comparison, the average Australian bricklayer can lay 400 bricks per day.

Motley Fool contributor James Mickleboro has no position in any stocks mentioned. The Motley Fool Australia owns shares of A2 Milk and Telstra 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.

More on ⏸️ Investing

Close up of baby looking puzzled
Retail Shares

What has happened to the Baby Bunting (ASX:BBN) share price this year?

It's been a volatile year so far for the Aussie nursery retailer. We take a closer look

Read more »

woman holds sign saying 'we need change' at climate change protest
ETFs

3 ASX ETFs that invest in companies fighting climate change

If you want to shift some of your investments into more ethical companies, exchange-traded funds can offer a good option

Read more »

a jewellery store attendant stands at a cabinet displaying opulent necklaces and earrings featuring diamonds and precious stones.
⏸️ Investing

The Michael Hill (ASX: MHJ) share price poised for growth

Investors will be keeping an eye on the Michael Hill International Limited (ASX: MHJ) share price today. The keen interest…

Read more »

ASX shares buy unstoppable asx share price represented by man in superman cape pointing skyward
⏸️ Investing

The Atomos (ASX:AMS) share price is up 15% in a week

The Atomos (ASX: AMS) share price has surged 15% this week. Let's look at what's ahead as the company build…

Read more »

Two people in suits arm wrestle on a black and white chess board.
Retail Shares

How does the Temple & Webster (ASX:TPW) share price stack up against Nick Scali (ASX:NCK)?

How does the Temple & Webster (ASX: TPW) share price stack up against rival furniture retailer Nick Scali Limited (ASX:…

Read more »

A medical researcher works on a bichip, indicating share price movement in ASX tech companies
Healthcare Shares

The Aroa (ASX:ARX) share price has surged 60% since its IPO

The Aroa (ASX:ARX) share price has surged 60% since the Polynovo (ASX: PNV) competitor listed on the ASX in July.…

Read more »

asx investor daydreaming about US shares
⏸️ How to Invest

How to buy US shares from Australia right now

If you have been wondering how to buy US shares from Australia to gain exposure from the highly topical market,…

Read more »

⏸️ Investing

Why Fox (NASDAQ:FOX) might hurt News Corp (ASX:NWS) shareholders

News Corporation (ASX: NWS) might be facing some existential threats from its American cousins over the riots on 6 January

Read more »