Here’s how I’d invest $10,000 in growth stocks today

When you’re investing in individual shares you need to make sure you’re investing in the right businesses at the right prices.

The share market is full of interesting stocks but only a certain amount of them are on my watchlist.

Here are the shares I’d choose if I were investing $10,000 today:

BWX Limited (ASX: BWX)

BWX is Australia’s leading natural beauty company. Its main brand is Sukin, which is experiencing strong growth in Australia and overseas. Sukin has recently started selling in Wesfarmers Ltd’s (ASX: WES) Coles supermarkets, which should be another boost to the business.

The company’s share price came under pressure after it delivered its half-year report with growth coming lower than expected. But, it was growth nonetheless.

I’d invest $3,000 into BWX at today’s price.

Naos Emerging Opportunities Company Ltd (ASX: NCC)

This is a listed investment company (LIC) run by the Naos investment team. Its portfolio has delivered an average return of 17.87% per annum before fees over the past five years.

It mostly invests in industrial companies with market capitalisations that are less than $250 million, giving the LIC plenty of growth options to look at.

I like that, so far, the LIC has increased its dividend every year it started paying one back in 2013. It currently has a grossed-up dividend yield of 7.24%.

I’d invest $3,000 into the Naos LIC at the current price.

Paragon Care Ltd (ASX: PGC)

Paragon is a small cap healthcare business that is growing through acquisitions. It supplies medical products and equipment to healthcare providers like aged care and private hospitals.

As Australia’s population ages there will be more demand for medical items and this should work heavily in Paragon’s favour. It is steadily acquiring more businesses to grow its offering and client base.

I’d invest $2,000 into Paragon at the current price.


It’s hard to look beyond the global tech companies like Apple, Alphabet (Google), Facebook and so on for future strong returns. They are already gigantic businesses but there could be a lot more profit growth yet to come. This would be a big boost for their earnings per share and dividend per share statistics.

I believe this exchange-traded fund is one of the best ways to get exposure to the technology giants.

I’d allocate $2,000 to the ETF but I’d keep buying more in the future.

Foolish takeaway

I’d be very happy to invest in all four shares at the current prices and I think the above four offer a good mix of dividends and growth.

If I had a bit more money to invest I'd want to put it into these top growth shares.

Top 3 ASX Blue Chips To Buy In 2018

For many, blue chip stocks mean stability, profitability and regular dividends, often fully franked..

But knowing which blue chips to buy, and when, can be fraught with danger.

The Motley Fool's in-house analyst team has poured over thousands of hours worth of proprietary research to bring you the names of "The Motley Fool's Top 3 Blue Chip Stocks for 2018."

Each one pays a fully franked dividend. Each one has not only grown its profits, but has also grown its dividend. One increased it by a whopping 33%, while another trades on a grossed up (fully franked) dividend yield of almost 7%.

The names of these Top 3 ASX Blue Chips are included in this specially prepared free report. But you will have to hurry. Depending on demand - and how quickly the share prices of these companies moves - we may be forced to remove this report.

Click here to claim your free report.

Motley Fool contributor Tristan Harrison owns shares of BWX Limited and NAOS EMERG FPO. The Motley Fool Australia owns shares of and has recommended BETANASDAQ ETF UNITS, BWX Limited, and Wesfarmers Limited. The Motley Fool Australia has recommended Paragon Care 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 Scott Phillips.

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.