I think there are a number of quality growth shares trading at attractive levels following the recent market volatility.
Three which I feel have the potential to be market-beaters in 2019 are listed below. Here's why I think it is worth considering an investment in them next year:
Altium Limited (ASX: ALU)
This award winning printed circuit board (PCB) design software provider's shares have outperformed the market by a significant margin in 2018. I think there's a good chance that this will be the case again in 2019 thanks to the increasing demand for its core services and the emergence of its Octopart business. Especially with management confident that it is on track to expand its margins and grow its revenue to at least US$200 million by FY 2020, up from US$140 million in FY 2018.
Bellamy's Australia Ltd (ASX: BAL)
I think that this organic infant formula company's shares have a strong chance of outperforming the ASX 200 in 2019. One major catalyst on the horizon is its application for SAMR accreditation. This accreditation is required for the company to sell Chinese labelled products in the enormous China market. If the accreditation is granted early next year then I expect it to be a major boost to its second half results, possibly leading to a rerating of its shares. At present Bellamy's shares are trading at just 18x trailing earnings.
Webjet Limited (ASX: WEB)
In FY 2019 this leading online travel agent is forecasting year on year EBITDA growth of 26%, excluding the contribution of its recently acquired Destinations of the World business. I think that this level of growth and its strong long-term potential makes Webjet's shares a great option for growth investors today. Especially given that they can be snapped up for approximately 18x estimated forward earnings at present.
