Three hot growth stocks to buy now

Professional stock picker Jeremy Le Sueur tips three great growth-stocks to tuck away in your portfolio.

Each week, a professional investor tells MoneyWeek where he'd put his money now. This week: Jeremy Le Sueur, investment director, 4 Shires Asset Management.

Pearson (LSE: PSON), which owns the Financial Times, is a blue-chip media business, whose turnover is growing at about 5% a year. But the largest and most interesting part of the business is its education unit, where turnover has grown much more rapidly, to nearly £5bn, from £2.6bn five years ago. Over the same period, profits have risen from £400m to £800m. That sort of growth rate is usually associated with smaller or medium-sized stocks.

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Jeremy Le Sueur is investment director at 4 Shires Asset Management.