I believe that are a large number of quality growth shares to choose from on the Australian share market right now.
Three that I think would be great options for investors are listed below. Here's why they could be worth considering in January:
A2 Milk Company Ltd (ASX: A2M)
One of my favourite growth shares on the Australian share market would have to be a2 Milk Company. It continues to go from strength to strength thanks largely to the insatiable demand for its products in the China. Sales of its infant formula products into the massive market helped drive its net profit after tax for the first four months of FY 2019 64.5% higher to NZ$86 million. While its growth is expected to moderate in the second half, I remain confident that its full year result will be another blockbuster.
Altium Limited (ASX: ALU)
Another of my favourite growth shares is this award-winning printed circuit board (PCB) design software provider. Due partly to the Internet of Things boom, I believe demand for its innovative and industry-leading PCB software will increase at a strong rate over the next decade. I expect this to put Altium in a great position to generate significant sales growth and even stronger earnings growth as it scales. In addition to this, underpinning the growth of its core business will be its fledgling Octopart business which has a significant addressable market.
Helloworld Travel Ltd (ASX: HLO)
I think the integrated travel company could be a great option for growth investors. I believe Helloworld is well positioned to profit from the inbound and outbound tourism boom that Australia continues to experience. The boom has led to strong demand for its offering over the last couple of years, leading to it achieving stellar profit growth. Pleasingly, this looks set to continue in FY 2019 with management confident that it will deliver earnings growth in the range of 16.5% and 23% in FY 2019.
