I think there is a lot of quality in the mid cap space right now for investors to choose from.
Perhaps the hardest thing for investors is to decide which shares to buy ahead of others.
To help you on your way I have picked out three top mid cap shares that I would consider buying this week. They are as follows:
Collins Foods Ltd (ASX: CKF)
Collins Foods is a leading KFC franchisor which has operations in both Australia and Europe. While its Australian business is highly profitable and has plenty of room to grow, it is the latter market which I expect to provide Collins Foods with the most growth opportunities in the future. This is because of the size of the market and the relatively small footprint that KFC has in it. While it is early days, its European expansion has started well and if it delivers on expectations it could lead to solid earnings and dividend growth in the future.
Nearmap Ltd (ASX: NEA)
This geospatial map technology company's shares have been on fire this year after the release of impressively strong preliminary full-year results. That release revealed that Nearmap experienced record portfolio growth for the 12 months ended June 30. Annualised contract value exceeded the company's guidance and reached $66.2 million, an increase of 41% on the prior year and largely the result of stronger than expected growth in the U.S. market. I think it is well worth taking a closer look at Nearmap.
Redbubble Ltd (ASX: RBL)
Redbubble is a fast-growing e-commerce company operating a global online marketplace which connects independent artists with customers. Last month the company provided its full-year update which revealed revenue of $182.8 million in FY 2018, up 29.7% year-on-year. Pleasingly, management expects more of the same in FY 2019 and has provided revenue guidance at or above 30% on a constant currency basis. I feel its shares are great value for this level of growth.
