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2 ASX growth shares set to skyrocket in the next 12 months


Published on 2024-12-18 17:21:09 - Motley Fool Australia
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  • Looking for ASX growth shares that could outperform the market in 2025? Here are two ideas that could be strong market-beaters.

The article from Fool.com.au, published on December 19, 2024, discusses two ASX-listed growth shares that are expected to experience significant growth in the next 12 months. The first company highlighted is Xero Limited (ASX: XRO), a cloud-based accounting software provider. Despite facing challenges in the past, Xero has shown robust growth in its subscriber base and revenue, with expectations of further expansion due to increasing demand for digital accounting solutions and potential margin improvements. The second company is Afterpay Limited (ASX: APT), now part of Block, Inc., which continues to benefit from the buy now, pay later (BNPL) trend. Afterpay's growth is anticipated to be driven by its expanding user base, strategic partnerships, and the ongoing shift towards digital payment solutions. The article suggests that both companies are well-positioned to capitalize on current market trends and technological advancements, making them attractive options for investors looking for growth opportunities.

Read the Full Motley Fool Australia Article at:
[ https://www.fool.com.au/2024/12/19/2-asx-growth-shares-set-to-skyrocket-in-the-next-12-months/ ]