I'm always on the lookout for strong growth shares to own and write about. Valuations change daily but the quality of the business is always there, which is why I think the following shares could have a good FY18:
Altium Limited (ASX: ALU)
The growth of the 'Internet of Things' is a huge opportunity for Altium. It's been a great investment over the past few years and management expect to double revenue by 2020.
Bapcor Ltd (ASX: BAP)
Bapcor has successfully integrated a number of businesses into its auto parts empire and the Hellabys acquisition means FY18 could be another bumper year.
Challenger Ltd (ASX: CGF)
The annuity giant of Australia is growing rapidly thanks to favourable demographics and expanding sales channels. In its September 2017 quarterly update it revealed life annuity sales had grown by around 50%.
CSL Limited (ASX: CSL)
I'm always impressed by how much the healthcare giant invests for research & development and future profit. FY18 is on track to be another good year.
Greencross Limited (ASX: GXL)
Greencross has a clever strategy of co-locating a vet inside its Petbarns. Management updated the market at its AGM with pleasing like-for-like sales growth across the board.
National Veterinary Care Ltd (ASX: NVL)
National Vet Care is Greencross' main competitor in the vet space. It's quickly growing through acquiring more vet clinics and the rest of FY18 should see a few more buys.
REA Group Limited (ASX: REA)
REA Group is developing into a truly diverse property business with advertising and now financing. I can see a long growth runway ahead for REA Group.
Ramsay Health Care Limited (ASX: RHC)
Ramsay is benefiting from Australia's ageing population. The market wasn't happy about Ramsay saying FY18 growth would be slower than FY17, but that just makes the share price more attractive to me for long-term growth.
Foolish takeaway
I think all of these shares are going to have a good FY18 and indeed growing well up to at least 2020, which is why I'm a shareholder in quite a few of them. At the current prices I think Ramsay, Bapcor and Greencross are trading at the most attractive value.
