Forget the stock market crash. I found 3 UK growth shares that have been flying!

first_img Paul Summers | Monday, 31st August, 2020 | More on: CLG FDEV KETL Despite general wariness in the UK market after March’s crash, there are still some growth shares experiencing great price momentum.Let’s look at three examples.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Growing at a fair clipLast week’s record full-year results from logistics firm Clipper Logistics (LSE: CLG) were lapped up by the market and understandably so. At just over £500m, group revenue was up 8.8% over the year to the end of April thanks to strong organic growth. Profit after tax came in at £16.2m, up from 13.4m in 2019. Over the period, Clipper entered into new contracts with companies like Joules and the Very Group. It also extended existing deals with Boohoo-owned PrettyLittleThing.com and Sports Direct.  While the retail landscape may be in a tricky spot due to Covid-19, Clipper said that it had seen “a very positive start” to FY21 and “exceptionally high levels of demand” for the e-fulfilment and returns management services it provides. As a result, the company now believes that its full-year numbers will “comfortably exceed market expectations”.Trading on 21 times forecast earnings for FY21, Clipper isn’t cheap. With the potential to keep expanding in the UK and overseas, however, it could be a growth share worth paying up for. New frontiersAnother company doing very well for investors is videogames developer Frontier Developments (LSE: FDEV). Last Friday’s update sent the share price to an all-time high and, again, it’s easy to see why.Having met sales expectations so far in the financial year, Frontier now believes it will deliver revenue “within the top half of the current range of analyst projections” (between £83m and £95m). At least some of this will be generated from the slate of releases due between now and the end of May 2021. Jurassic World Evolution will hit the Nintendo Switch in November. Two other titles – Lemnis Gate and Struggling – are being launched under the Frontier’s new label for third-party publishing (Frontier Foundry). This part of the company forms a big part of its strategy over the next few years.In addition to this, there will be updates to existing titles: Elite Dangerous, Planet Coaster, and Planet Zoo. Frontier’s shares now trade on an eye-watering 61 times earnings. That’s too high for me (even for a growth share) but it could be one to pick up on general market weakness. Hot stockI’ve covered kettle safety control manufacturer Strix (LSE: KETL) quite a few times now. I can’t resist drawing attention to the small-cap once again. Since April, its shares have been on the boil, rising almost 90%.In July, Strix reported that performance over the first six months of 2020 had been “resilient“. A “marked recovery” in June coupled with a strong order book means it expects to report similar profits to those achieved last year. That’s not a bad outcome considering the supply side disruption it faced earlier in the year when factories in China needed to shut.Highly cash generative, Strix continues to reduce its debt pile. At the end of June, net debt stood at just under £37m. Due to cost-cutting, this was roughly £6m lower than originally targeted.Once a bargain, the stock now trades on a P/E of 16. With 14 new products due for launch this year, however, I can still see it moving higher. There’s a forecast yield of 3.5% to boot.  Image source: Getty Images. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Enter Your Email Address Paul Summers owns shares of Strix Group. The Motley Fool UK has recommended Clipper Logistics and Frontier Developments. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Our 6 ‘Best Buys Now’ Shares Forget the stock market crash. I found 3 UK growth shares that have been flying! “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. See all posts by Paul Summerslast_img read more

Man goes into cardiac arrest at bus stop

first_imgTags: NDSP, Notre Dame Fire Department, South Bend Fire Department A 77-year-old Pennsylvania man went into cardiac arrest Monday at 8:15 a.m.at the bus stop by the University’s main gate, University spokesman Dennis Brown said in an email to local media that morning.“The Notre Dame police and the Notre Dame and South Bend fire departments responded immediately. The South Bend Fire Department transported the man to Memorial Hospital. Notre Dame has no other details to report,” the email stated.last_img

RICS bats for flat owners

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