Business
3 of the best ASX shares you can buy right now
If you’re currently searching for a few shares to add to your portfolio, then you could do a lot worse than the ones listed below.
Here’s why these ASX shares come highly rated right now:
Adore Beauty Group Limited (ASX: ABY)
The first ASX share to look at is Adore Beauty. It is Australia’s number one pureplay online beauty retailer with almost 600,000 active customers. It is expecting to report revenue of $158.2 million for calendar year 2020. This will be a sizeable increase on the prior corresponding period. While this is a large number, it is still only a fraction of its market opportunity. Management estimates that it has an ~$11 billion a year opportunity in the Australian beauty and personal market. Morgan Stanley is…
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