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

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.

These 3 stocks could be the next big movers in 2020

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

In this FREE STOCK REPORT, Scott just revealed what he believes are the 3 ASX stocks for the post COVID world that investors should buy right now while they still can. These stocks are trading at dirt-cheap prices and Scott thinks these could really go gangbusters as we move into ‘the new normal’.

*Returns as of 6/8/2020

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.

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