If small caps are a little too risky for your liking, then maybe mid cap ASX shares would be more suitable. These are often well-established companies that still have significant runways for growth ahead of them.
With that in mind, I have picked out two mid cap ASX shares that are rated highly. Here’s what you need to know about them:
The first mid cap ASX share to consider buying is Jumbo. It is an online lottery ticket seller best-known as the operator of the Oz Lotteries website.
It has been benefiting greatly from the shift to online gambling in the Australian market and looks well placed to capitalise on the same trend internationally. This is thanks to its Powered by Jumbo Software as a Service (SaaS) offering.