Top 5 AIM stocks to look for in 2021

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Top 5 AIM stocks to look for in 2021

 Top 5 AIM stocks to look for in 2021

Summary

  • Most of the AIM listers have delivered staggering returns in the past 52-week period.
  • Businesses on the AIM index are important constituents of the domestic economy.

The markets are recovering at a much faster pace than anticipated as most countries are expediting the Covid-19 vaccination drives. Global markets are showing signs of recovery amid lower interest rate regimes and government stimulus packages. 

In general, the market sentiment seems positive, and investors are looking forward to AIM stocks that have huge earnings potential and can help them in beating inflation. In this article, we would be discussing fundamentally sound stocks, but their performance can show a dip.

  1. Avacta Group Plc

Avacta Group Plc (LON: AVCT) is engaged in the development of immunotherapies for critical illnesses, such as cancer. In order to expedite the COVID-19 testing in low- and middle-income countries, the developer of Affimer® biotherapeutics and reagents, Avacta Group has joined forces with a leading developer of advanced lateral flow and rapid diagnostic technologies, Mologic, to accelerate CE marking of Avacta's SARS-CoV-2 rapid antigen test. The company is also forging collaborations with leading pharmaceutical companies to develop stem cell treatments using Affirmer therapy for Covid-19 patients. The company successfully completed fundraisings for expansion of therapeutics and diagnostics programmes, and liquidity position improved significantly.

Avacta shares have delivered a price return of 388 per cent in the past one year. Avacta shares closed at GBX 130 on 10 February.

  1. Greatland Gold Plc

Mineral exploration and development company Greatland Gold Plc (LON: GGP) has confirmed the continuity of higher-grade mineralisation at the Havieron project. Located in Western Australia, the maiden mineral resource deposit is estimated to have 4.2 million ounces of gold equivalent. The company looks forward to advancing the drilling programme in 2021 to derive growth for the company. Also, the precious metal miner will look to capitalise on the rising price of Gold.

Shares of Greatland Gold have delivered a price return of 308 per cent in the past one year. GGP closed at GBX 23.20 on 10 February.

Also read: Greatland Gold (LON: GGP) Gets Regulatory Approvals to Start Early Activities at Havieron Project

  Copyright © 2021 Kalkine Media Pty Ltd.

  1. Frontier Developments Plc

UK-based leading developer and publisher of video games Frontier Developments Plc (LON: FDEV) delivered revenue growth of 15 per cent during the first half of 2021 compared to the same period last year. Throughout the lockdowns, the company has benefitted from a higher level of demand and strong engagement through its immersive games portfolio. The company has underpinned high hopes on its next major event Elite Dangerous: Odyssey, which is to be launched on PC before the end of this financial year, forms an important part of company’s exciting line-up for 2021 and beyond. The company expects revenue to be in the range of £90-£95 million for the fiscal year 2021.

Shares of Frontier Developments have delivered a price return of 133 per cent in the past one year. FDEV shares closed at GBX 3,020.00 on 10 February.

  1. IQE Plc

UK-based supplier of advanced wafer products for the manufacturing of semi-conductors IQE Plc (LON: IQE) has achieved real strategic progress with excellent results in the last one year.

In 2020, the company saw a strong financial and operational performance. The company has also delivered a strong cash flow of around £18 million. In FY20, the revenue is expected to be approximately £178 million, representing over 25 per cent growth year-on-year. Further, in both the Wireless and Photonics segments, the company has shown positive prospects for this year.

Shares of IQE have delivered a price return of 39 per cent in the past one year. IQE shares closed at GBX 77.00 on 10 February.

  1. ASOS Plc

UK-based fashion retailer ASOS Plc (LON: ASC), delivered a strong trading performance with an increase of 23 per cent year-on-year in group sales. The company saw good growth in new customers, with an increase in the active customer base of 1.1 million to 24.5 million during the four months ended 31 December 2020. It delivered strong net cash position and better operational agility by reshaping product offers. Overall, ASOS is well-positioned to capture the global opportunities despite the short-term uncertainties through continuous development in customer base -- ASOS brands and ASOS platform. The company expects PBT for FY2021 to be at the top end of the market expectations.

Shares of ASC have delivered a price return of 38 per cent in the past one year. ASC shares closed at GBX 4,916.00 on 10 February.

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