Could one of these ASX growth stocks be the Afterpay of 2019?

Following the success of Afterpay Touch Group Ltd (ASX: APT) in the last 18 months, how can we spot the next big winner and could one of these 2 ASX rising stars be the Afterpay of 2019?

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

For those interested in the domestic markets, you would have had to be living under a rock not to have seen, heard or jumped on board the Afterpay Touch Group Ltd (ASX: APT) share price growth in the last 18 months.

But how can we spot the next big winner and could one of these 2 ASX rising stars be the Afterpay of 2019?

  1. Netlinkz Ltd (ASX: NET)

Aussie software company Netlinkz has been one of the top performers on the ASX over the last 12 months as its share price has climbed a whopping 350% to $0.19 per share.

While many growth investors might be sceptical of further growth, the company still only boasts a market cap of $265 million and I would expect to see the stock continue to push higher in the second half of the year and beyond.

The company's share price shot 22% higher in just one day last week after the successful lab testing of its cybersecurity software by Blue Tech and the networking company has begun tapping into the lucrative Chinese market.

I think Netlinkz could well push towards the $500 million market cap mark in the second half of the year and could be a great growth option for those with a bit of cash to splash after the company's full-year results release in August.

  1. iSignthis Ltd (ASX: ISX)

The iSignthis share price has surged a whopping 387% since the start of 2019 alone and shows no sign of slowing down, climbing 2.4% higher as of Tuesday afternoon.

The payment verification group currently boasts a market cap of $788.1 million but isn't exactly a new kid on the block having been trading since as far back as 1999.

The small-cap stock is largely held by retail investors which is unsurprising given it doesn't qualify for a major index (and coverage that comes with it) such as the S&P/ASX200 Index (ASX: XJO).

I think the Aussie fintech also has further growth to go especially given its June 2019 announcement that it has now approved more than 150 reportable accounts.

The company operates in the anti-money laundering (AML) services space in both Europe and Australia, which could well see more investment from companies as scrutiny on the likes of Afterpay increases in the latter half of the year.

Motley Fool contributor Kenneth Hall has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of AFTERPAY T FPO. 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.

More on Share Gainers

A man cheers after winning computer game while woman sitting next to him looks upset.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a happy end to the trading week today.

Read more »

Emotional euphoric young woman giving high five to male partner, celebrating family achievement, getting bank loan approval, or financial or investing success.
Share Gainers

Why Life360, Northern Star, Objective Corp, and Rox shares are charging higher today

These shares are having a strong finish to the week. But why?

Read more »

A panel of four judges hold up cards all showing the perfect score of ten out of ten
Share Gainers

Here are the top 10 ASX 200 shares today

The ASX just snapped a three-day losing streak.

Read more »

A young man talks tech on his phone while looking at a laptop. A financial graph is superimposed across the image.
Share Gainers

Why Cogstate, DroneShield, Premier Investments, and South32 shares are storming higher

These shares are having a strong session on Thursday. But why?

Read more »

three men stand on a winner's podium with medals around their necks with their hands raised in triumph.
Share Gainers

Here are the top 10 ASX 200 shares today

It was another red day on the markets this Wednesday.

Read more »

Multiracial happy young people stacking hands outside - University students hugging in college campus - Youth community concept with guys and girls standing together supporting each other.
Share Gainers

Why 4DMedical and these ASX shares are up 200%+ in just a year

These shares have made their shareholders wealthy over the past year.

Read more »

Three happy office workers cheer as they read about good financial news on a laptop.
Share Gainers

Why Evolution Mining, Lynas Rare Earths, Paladin Energy, and Sovereign Metals shares are racing higher today

These shares are having a good session on hump day. But why?

Read more »

A young well-dressed couple at a luxury resort celebrate successful life choices.
Share Gainers

Here are the top 10 ASX 200 shares today

Investors kept up the selling this session.

Read more »