If you're wanting to invest in small cap shares, then you may want to check out the two listed below.
Here's why experts think these ASX shares could be top options for investors right now:
Nitro Software Ltd (ASX: NTO)
The first small cap that experts rate highly is Nitro Software.
It is a document productivity software company that is aiming to drive digital transformation in organisations around the world. Nitro is doing this with its Nitro Productivity Suite, which provides businesses of all sizes with integrated PDF productivity and electronic signature tools.
And while the company has been growing at a rapid rate in recent years, it is still only scratching the surface of its enormous market opportunity. Management commented:
With a strong balance sheet and zero debt, we are well placed to cement and expand our position in the fast-growing US$28 billion eSigning and PDF productivity market as customers increasingly demand the suite of high-security high-trust products we offer.
Goldman Sachs is very positive on the company and currently has a buy rating and $2.05 price target on its shares.
PlaySide Studios Limited (ASX: PLY)
Another small cap ASX share that experts are tipping as a buy is PlaySide Studios.
It is one of the largest video game developers in the ANZ region. It provides titles in a range of categories, including self-published games based on original intellectual property and game development services in collaboration with studios such as Take-Two Interactive, Activision Blizzard, Meta, Disney, Pixar, Warner Bros, and Nickelodeon.
The company also has a growing interest in NFTs and generated $9 million in sales from them during the first half.
Ord Minnett is a fan of the company. It currently has a speculative buy rating and 85 cents price target on its shares.