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These small cap ASX shares could rise 20% to 50%

^{Published on 2024-12-16 01:41:14 - MSN}
 

• These shares could be destined to deliver big returns over the next 12 months according to brokers. The post These small cap ASX shares could rise 20% to 50% appeared first on The Motley Fool Australia.

The article from MSN Money discusses the potential growth of several small-cap ASX shares, highlighting their significant upside potential. It mentions that analysts have identified stocks like Adore Beauty Group Ltd (ASX: ABY), which could rise by 20% to 50% due to its strong market position in the online beauty sector. Other companies like City Chic Collective Ltd (ASX: CCX) and EML Payments Ltd (ASX: EML) are also noted for their growth prospects, driven by factors such as recovery from previous downturns, strategic business moves, and market expansion. The article emphasizes that while these stocks have high potential, they also come with increased risk due to their smaller market capitalization and less liquidity. It advises investors to consider these stocks as part of a diversified portfolio to mitigate risk while potentially reaping substantial rewards.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/money/top-stocks/these-small-cap-asx-shares-could-rise-20-to-50/ar-AA1vVriV ]

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