3 ASX growth shares to buy now while they're on sale

This seems a great time to invest in these growth stocks. Tristan Harrison explains why…

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Key points

  • Tristan Harrison plans to invest in three ASX growth shares this November, focusing on strong earnings growth over a five-year period for satisfactory returns.
  • Breville is focusing on diversifying manufacturing to mitigate tariff impacts, with a promising outlook due to growth in coffee demand; Pinnacle offers opportunities thanks to its strong FUM growth through its affiliate network.
  • TechnologyOne's investment in software improvement and expansion, including in the UK, is contributing to its substantial growth, with significant increases in annual recurring revenue expected.

I have my eyes on a number of attractive ASX growth shares in November and I'm expecting to make (at least) three investments next week.

I like investments that can deliver strong earnings growth in the coming years because that's what's likely to drive share prices higher. It'd be impatient on my part to expect big gains in less than a year, but over a five-year period, I'm optimistic about satisfactory returns.

When I'm picking which stocks to write about, I prefer to talk about businesses I'm genuinely excited about. So, why not disclose the ones I'm planning to buy myself?

Breville Group Ltd (ASX: BRG)

Breville is one of the world's leading coffee machine businesses through its Breville, Sage, Lelit and Baratza brands. It also sells other types of small kitchen appliances, as well as coffee beans through the Beanz brand.

The ASX growth share has grown at a pleasing pace over the years and FY25 was no exception, with double-digit growth of revenue, net profit and the dividend.

But, the market appears to be concerned by the possible impacts of tariffs on US earnings, with the Breville share price down by close to 20% since 21 August 2025, as the chart below shows.

For starters, the business is working on diversifying its manufacturing locations to reduce the impacts of tariffs. By the end of this half, it expects US products representing 80% of gross profit dollars to be manufactured outside of China by the end of the half. In the second half, it will continue to migrate additional products.

With a strong outlook for coffee growth in Asia and potential for further home consumption growth in the Western world, I think the future looks bright for the Breville share price.

According to the forecast on CMC Markets, the Breville share price is valued at 28x FY27's estimated earnings.

Pinnacle Investment Management Group Ltd (ASX: PNI)

Pinnacle provides a variety of administration services for fund managers, enabling them to focus their time and energy on investing. It owns equity stakes in a number of fund managers, so it is exposed to the volatility of share markets as funds under management (FUM) moves.

The affiliates Pinnacle is invested in have shown an excellent track record of outperforming their benchmarks and attracting FUM inflows.

The ASX growth share has declined more than 10% since October and around 30% from August – this looks like a good time to pick up more Pinnacle shares.

Over the next five years, I'm expecting significant growth of FUM and it's likely that Pinnacle will add further affiliates to its portfolio.

According to the forecast on CMC Markets, the Pinnacle share price is valued at 20x FY27's estimated earnings.

TechnologyOne Ltd (ASX: TNE)

TechnologyOne provides important software for councils, companies, universities and government entities.

The TechnologyOne share price is down 7% down in a month and 15% from June.

The ASX growth share invests around a quarter of its revenue into improving the software for customers, helping ensure that it has a 99% retention rate of subscribers, while also unlocking (a targeted) 15% organic revenue annual growth rate from existing subscribers.

The business is expecting to deliver rising profit margins as the operating leverage of software plays out.

TechnologyOne is growing rapidly in the UK, which could become a sizeable part of the business in the next few years. In FY25 alone, UK annual recurring revenue (ARR) jumped 50% to $43.1 million. In a few years, the UK ARR could be much higher.

At the current TechnologyOne share price, it's valued at 59x FY27's estimated earnings, according to CMC Markets.

Motley Fool contributor Tristan Harrison has positions in Pinnacle Investment Management Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Pinnacle Investment Management Group and Technology One. The Motley Fool Australia has positions in and has recommended Pinnacle Investment Management Group. The Motley Fool Australia has recommended Technology One. 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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