STANDOUT SHARES

2 Rhipe (RHP)

This cloud distributor and reseller in the Asia Pacific region has a lean operating model and is supported by industry tailwinds, as businesses increasingly move work-from-home. Rhipe shares are up 30% from their Covid-19 low and are likely to find further gains, with sales and revenue predicted to grow in 2021 and beyond.

3 Nickel Mines (NIC)

One of the largest pure-play nickel exposures on the ASX. Its shares soared in 2020 after the nickel price rallied to its highest level in over a year. The company is likely to benefit from rising demand for commodities as global growth picks up.

4 Afterpay (APT)

The buy now, pay later leader in Australia and New Zealand is also gaining traction in the US. It recently joined the ASX20 and ASX50, a development that will see it grow further as fund managers are forced to buy the stock. It has expanded into banking by offering a budgeting service, in partnership with Westpac.

5 Inghams (ING)

This a turnround story. Inghams reported a strong rebound in its last quarter. As hospitality restrictions ease, poultry sales are expected to grow further. Meanwhile, the price of wheat, a big cost, is cooling from its six-year highs