If you're looking to make investments in a collection of ASX growth shares, then the three listed below could be worth considering.
I believe all three growth shares have the potential to deliver strong returns for investors over the next decade. Here's why I would buy them next week:
Appen Ltd (ASX: APX)
I think Appen is one of the best growth shares on the ASX. It has been growing its earnings at a very strong rate over the last few years thanks to the increasing demand for its services due to the growing importance of artificial intelligence (AI) and machine learning. Appen prepares the data that goes into AI and machine learning models, which is a vital part of the process. And with both these markets expected to grow materially over the next decade, I think Appen is well-placed to continue its strong form for some time to come.
Bravura Solutions Ltd (ASX: BVS)
Bravura Solutions is another growth share to consider buying. It is a financial technology company which provides software and services to the wealth management and funds administration industries. The solutions are used by some of the biggest financial institutions in the world. Thanks to the stickiness of its products, their large market opportunities, and a couple of key recent acquisitions, I believe Bravura can continue growing at a strong rate for many years to come.
Kogan.com Ltd (ASX: KGN)
A final growth share to consider buying is Kogan. This ecommerce company has really caught the eye this year after delivering explosive sales, earnings, and customer growth during the pandemic. While this growth is likely to moderate as lockdowns ease, I believe Kogan remains well-positioned to grow at a strong rate over the next decade. Especially given how the crisis appears to have accelerated the shift to online shopping.
