If you're new to investing and have yet to put money into the market, the coronavirus crisis is a real gift.
This is because many of the shares that investors were fighting to get hold of just a month ago, are now trading at materially lower prices.
Two top shares that I think beginner investors ought to consider buying when the market volatility eases are listed below. Here's why I like them:
Altium Limited (ASX: ALU)
Altium is a fast-growing printed circuit board design software provider. Printed circuit boards are found in the majority of electronic devices and particularly those with internet connectivity. The latter is a big positive for Altium given the rapid growth of the Internet of Things (IoT) boom.
The explosion of connected devices globally has been driving very strong demand for its Altium Designer software and is expected to continue doing so for the foreseeable future. At the end of FY 2019 the company had 46,693 subscribers using its software. This is expected to more than double by FY 2025 to 100,000 and play a key role in the company growing its revenue to US$500 million. This will be more than double the revenue of ~US$205 million it expects to achieve in FY 2020. So, with its shares down 42% from the 52-week high they achieved just a month ago, Altium looks great value to me.
REA Group Limited (ASX: REA)
Another top share for beginner investors to consider buying is REA Group. It is the owner and operator of realestate.com.au website and several international equivalents. Its shares have fallen 31% from the 52-week high they reached last month due to concerns over the coronavirus outbreak.
I think this is a buying opportunity for long-term focused investors. Especially given the improving housing market, its growing international operations, and its dominant position in the ANZ market. Combined, I believe REA Group is well-positioned to grow its earnings at a very strong rate over the next decade.
