Brokers name 2 exciting small cap ASX shares to buy

At the small end of the Australian share market, there are a number of companies with the potential to grow materially in the future.

Two that brokers believe are in the buy zone are listed below. Here’s what you need to know about them:

MyDeal.com.au Limited (ASX: MYD)

The first small cap ASX share to look at is MyDeal.com.au. It is an online retail marketplace with a focus on homewares, furniture, and electronics.

Despite delivering very strong growth during the first half, the MyDeal share price has been dragged lower by the tech selloff in recent weeks. This means it is now trading below its IPO price of $1.00.

This could be a buying opportunity for patient investors, especially given its exposure to the structural shift to…