News article, page-499

Promising shares to buy for growth in 2018

July 24, 2017

Nearmap Ltd (ASX: NEA)

Nearmap Ltd is an unprofitable aerial imaging company whose expansion into the USA could see its business grow much larger over time. Although heavy reinvestment is keeping the company unprofitable, it is paying off with Nearmap successfully growing US revenues for more than a year now.

As I wrote here, US losses are masking the company’s overall performance, effectively making Nearmap a high-risk, high-reward investment.

http://www.fool.com.au/2017/07/24/3-promising-shares-to-buy-for-2018/