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3 stellar ASX growth shares to buy right now

I’m a big fan of growth shares and feel lucky to have so many to choose from on the Australian share market.

But with so many options, it can be hard to decide which ones to buy.

Three top ASX growth shares that I think should be considered are listed below. Here’s why I would be a buyer of these shares:

a2 Milk Company Ltd (ASX: A2M)

One of the best growth shares on the local market could be a2 Milk Company. Over the last few years the infant formula and fresh milk company has grown at a rapid rate thanks largely to the success of its A2-only offering with Chinese consumers. The company’s products exclude the A1 protein from cow’s milk which some people are believed to have problems consuming. Demand continues to rise for its products, leading to management recently upgrading its guidance for the full year. The top end of its guidance range implies year on year revenue growth of 34.1% and EBITDA growth of 35.4%. Given its modest market share, I believe a2 Milk Company still has a long runway for growth.

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

If you would like to invest in growth shares outside Australia, then you could invest in some of the fastest growing tech companies in the Asia market with the BetaShares Asia Technology Tigers ETF. Through a single investment investors can gain exposure to companies that are revolutionising the lives of billions of people in the region. This includes ecommerce giant Alibaba, search engine company Baidu, and new Afterpay Ltd (ASX: APT) shareholder and WeChat owner, Tencent.

Domino’s Pizza Enterprises Ltd (ASX: DMP)

Another option for growth investors to consider is Domino’s Pizza. I think it could generate market beating returns for investors over the next decade thanks to its bold same store sales and store expansion targets. Over the next five years the pizza chain operator is aiming to deliver annual same store sales growth of 3% to 6% and annual organic new store additions of 7% to 9%. If it delivers on this, I expect it to underpin strong earnings growth for the foreseeable future.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended BetaShares Asia Technology Tigers ETF. The Motley Fool Australia owns shares of A2 Milk. The Motley Fool Australia has recommended Domino's Pizza Enterprises 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.