4 ASX growth shares to buy in December

In this article are 4 ASX growth shares to buy in December which have been rated as buys by a Motley Fool investment service.

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

We're nearly into the final month of the year. Time will tell if there's a Santa rally or not. But there are some ASX growth shares rated as a buy by a Motley Fool investment service.

Here are those ASX growth share picks:

Betashares Global Cybersecurity ETF (ASX: HACK)

This is an exchange-traded fund (ETF) which looks to give investors exposure to global cybersecurity giants, as well as emerging players, from a range of global locations.

As of last week, its largest positions were: Crowdstrike, Okta, Zscaler, Accenture, Cisco Systems, Cloudflare, F5 Networks, Palo Alto Networks, Leidos and Science Applications.

Since inception in August 2016, its net return has been 16.8% per annum. That's after the annual management fee of 0.67% per annum.

BetaShares said that with cybercrime on the rise, the demand for cybersecurity services is expected to grow strongly for the foreseeable future.

The Motley Fool Pro service currently rate the Betashares Global Cybersecurity ETF as a buy.

Pushpay Holdings Ltd (ASX: PPH)

Pushpay is an electronic donation business that largely services the faith sector, namely being large and medium US churches.

The ASX growth share is aiming to reach a market share of around 50% which would see it generate US$1 billion of annual revenue.

Pushpay recently said it expects "significant operating leverage to accrue as operating revenue continues to increase, while growth in total operating expenses remains low."

In FY21 Pushpay is aiming to more than double its earnings before interest, tax, depreciation, amortisation and foreign currency (EBITDAF) to a range of between US$54 million to US$58 million.

The company just went through a share split, which is why the Pushpay share price looks like it has fallen from where it was last week.

Pushpay is currently rated as a buy by the Motley Fool Pro service.

Kogan.com Ltd (ASX: KGN)

Kogan.com is an e-commerce website that sells a wide variety of products and services. TVs, computers, phones, appliances, furniture and clothes are just some of the products that it offers. It also sells various services that a household may want such as energy, mobile plans, insurance, credit cards, home loans, superannuation and internet.

The ASX growth share also offers a membership service that includes free delivery and discounts available only to members.

Mr Kogan, the founder of the company, has spoken about the benefit to the company of its growing number of people using its loyalty scheme: "The Kogan First community of members grew exceptionally during the second half, and importantly these loyal members on average purchase and save much more often than non-members, demonstrating loyalty to the platform, and also demonstrating the significant savings and other benefits available through the loyalty program."

Kogan.com is currently rated as a buy by the Motley Fool Share Advisor service.

Bapcor Ltd (ASX: BAP)

Bapcor is an auto parts business, the biggest in Australia and New Zealand. It has a variety of brands including trade business Burson Trade, retail chain Autobarn and various wholesale specialists.

The ASX growth share recently gave a trade update. Burson Trade revenue was up 10%, with same store sales growth of 7.7% – it was up 17% excluding Victoria. New Zealand revenue grew by 6% on same store sales growth of 4%. Retail revenue soared 47% higher, with Autobarn same stores sales going up 36%. Finally, specialist wholesale revenue went up 45%, though excluding acquisitions revenue went up 18%. Overall, group revenue went up by 27%.

However, due to the uncertainty, Bapcor wasn't able to give any guidance for the rest of the year.

The Motley Fool Dividend Investor service currently rates the Bapcor share price as a buy.

Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of BETA CYBER ETF UNITS and PUSHPAY FPO NZX. The Motley Fool Australia owns shares of and has recommended Bapcor and Kogan.com ltd. The Motley Fool Australia has recommended PUSHPAY FPO NZX. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Growth Shares

Concept image of a businessman riding a bull on an upwards arrow.
Growth Shares

3 ASX growth shares to buy before the next bull market

These shares could fare well in the next bull market. Here's what analysts are tipping as buys.

Read more »

Two university students in the library, one in a wheelchair, log in for the first time with the help of a lecturer.
Growth Shares

3 no-brainer ASX shares to buy with $200 right now

You don't need a brain to see that these shares could be top picks right now.

Read more »

A man with a wide, eager smile on his face holds up three fingers.
Growth Shares

3 ASX growth stocks worth buying with $7,000 in your portfolio today

These stocks are all historic market beaters.

Read more »

Two smiling work colleagues discuss an investment or business plan at their office.
Growth Shares

3 ASX 200 shares with huge growth potential in the next decade

Analysts think these growth shares could be in the buy zone in July.

Read more »

A young woman sits at her desk in deep contemplation with her hand to her chin while seriously considering information she is reading on her laptop.
Growth Shares

Where I'd invest $5,000 into ASX 300 growth shares

These stocks have excellent growth potential.

Read more »

a woman sits at a computer with a satisfied expression on her face in a white room with greenery outside her window.
Growth Shares

The ASX growth stock up 10% this year with more room to move

This broker believes there’s still more in the tank for this telecommunications company 

Read more »

A couple stares at the tv in shock, one holding the remote up ready to press.
Growth Shares

3 high-conviction ASX 200 stocks to buy and hold

Brokers think these shares are among the best to buy now.

Read more »

Person holding Australian dollar notes, symbolising dividends.
Growth Shares

The smartest ASX growth stocks to buy with $3,000 right now

Analysts think these shares would be top picks for smart investors.

Read more »