3 AIM shares that are worth a look right now

London Stock Exchange‘s Alternative Investment Market (AIM) can be a good place to find growth stocks. In this area of ​​the UK stock market, there are many high-growth businesses.

Here, I’ll highlight three AIM stocks that look like they have a lot of potential. I think this stock is worth a closer look now.

Ergomed

The first is Ergomed (LSE: ERGO). It is an under-the-radar company that provides specialized services to the pharmaceutical industry. Founded in 1997, it operates in more than 100 countries worldwide, serving some of the biggest players in the pharmaceutical industry.

Recent trading updates show that this business is doing very well these days. For 2022, the company generates a profit of £145.3m, up 22.5% year on year.

Meanwhile, the group said from 2023 with a positive outlook. It notes that the growth of the order book provides strong revenue visibility.

We are confident in our future as a leading global provider of specialist pharmaceutical services underpinned by market leading technology, and look forward enthusiastically to the coming year.

Ergomed management

In the last month, the price of Ergomed shares changed to 0%. I was throwing up a potential buying opportunity. The stock is still not very cheap (P/E ratio is about 25). However, the risk/reward proposition here is now quite interesting, in my view.

The Keystone Law

The Keystone Law (LSE: KEYS) is the next AIM stock I want to talk about. It is an innovative law firm that operates on a scalable platform model.

Keystone shares have taken a huge hit recently on the back of recession fears. It appears that investors are worried that the economic downturn will reduce demand for the company’s services.

A recession is a risk here, of course. However, the stock price has recently seen a lot, in my opinion.

In last month’s trading update, the company said the favorable market conditions reported in H1 FY2023 continued into H2 (the six-month period to January 31), as client demand remained “steady“, more results”strong performance“.

The company added that it expects adjusted profit and loss before tax for FY2023 to be ahead of market expectations.

Shares of Keystone Law are currently trading at a P/E ratio of about 24. I think that is quite reasonable, given the company’s growth potential.

Calnex Solutions

Finally, check out Calnex Solutions (LSE: CLX). It provides test and measurement services to the telecommunications industry.

These are the AIM stocks I’m interested in. In the coming years, the launch of 5G networks (and the emergence of new technologies such as self-driving cars) will create a high demand for testing and measurement services that help companies prove that new systems work effectively and meet strict international standards. .

As a leader in this space, Calnex is well positioned for strong growth. It is worth noting that in the six months to September 30, 2022, revenue increased by 38% year-on-year.

Looking at the growth potential here, one thing I like about Calnex is the fact that the company is led by founder Tommy Cook. Research shows that founder-led businesses are often good long-term investments.

This is another stock that isn’t cheap. Currently, the expected P/E ratio is about 26. The price risk does not affect me. I see great potential here.