Insights

3 exciting small cap ASX shares to watch

Check out these highly rated small cap ASX shares…
The post 3 exciting small cap ASX shares to watch appeared first on The Motley Fool Australia. –

If you’re wanting to invest in the small side of the Australian share market, then the three small caps listed below could be worth a closer look.

All three have been tipped for big things in the future. Here’s why these small cap ASX shares could be worth adding to your watchlist:

Adore Beauty Group Limited (ASX: ABY)

The first small cap to watch is Adore Beauty. It is a leading online beauty retailer which has been growing strongly during FY 2021. This has been underpinned by a significant lift in customer numbers thanks to the shift online. The good news is that this shift is only really getting started with the beauty category. This leaves it very well positioned for growth over the long term as penetration rates increase.

Alcidion Group Ltd (ASX: ALC)

Another small cap share to watch is Alcidion. It is a growing informatics solutions company which provides software which has been designed to improve the efficacy and cost of delivering services to patients and reduce hospital-acquired complications. It has been growing very strongly thanks to some significant contract wins with major healthcare organisations. Pleasingly, Alcidion looks well-positioned for further growth over the long term thanks to a number of tailwinds. This includes the shift to a paperless environment in the healthcare sector.

Serko Ltd (ASX: SKO)

A third small cap to watch is Serko. It is an online travel booking and expense management provider. Serko offers businesses the Zeno Travel and Zeno Expense platforms. The former provides corporate customers with AI-powered end-to-end travel itineraries, cost control and travel policy compliance. Whereas Zeno Expense allows users to automate and streamline the expense administration function, identify out-of-policy expense claims, and prevent fraud. It recently signed a game-changing deal with travel giant Booking.com.

The post 3 exciting small cap ASX shares to watch appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of May 24th 2021

More reading

2 exciting ASX tech shares that could be buys

3 excellent ASX tech shares

5 ASX shares to hold for 5 years

ASX travel share Serko Ltd (ASX:SKO) higher on COVID business update
2 leading ASX e-commerce shares that could be buys in August 2021

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Alcidion Group Ltd and Serko Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Adore Beauty Group Limited. The Motley Fool Australia has recommended Alcidion Group Ltd and Serko Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!