The $20 Party?, page-32

From Motley F.

Here are 3 of my favourite growth shares on the S&P/ASX 200

I believe the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is home to a number of high quality growth shares.

But with so many to choose from it can no doubt be hard for investors to decide which to invest their hard earned money into.

To help narrow it down I thought I would pick out three of my favourite growth shares on the benchmark index. They are as follows:

The Corporate Travel Management Ltd (ASX: CTD) share price has also been a big mover, climbing 41% in the last 12 months. This huge gain will come as no surprise to many investors. Thanks to successful acquisitions and further market share gains, the corporate travel specialist recently advised that it is trading at the top end of its full-year underlying EBITDA guidance range at $97 million. This equates to a year-on-year increase of 40.6%. Whilst its days of a bargain buy may be long gone, even at 34x estimated FY 2017 earnings I see significant value for patient buy and hold investors.


Sorry, cannot name the other two.