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The question for investors is whether IQE is a growth or cyclical stock, and whether it is able to replicate ARM Holdings, which was recently bought by Japan's Softbank for £24 billion.

IQE's popularity among AIM investors is matched by drinks firm Fevertree (FEVR), which sits just outside our list of top 10 most-bought stocks.

One company which definitely fits the bill in this regard is UK based potash miner Sirius Minerals (SXX), and although the share price has been showing weakness recently, I believe that is largely down to short-termism, with shareholders becoming bored and going off seeking riches elsewhere – especially given that it has bloomed from a fairly small AIM outfit.

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I certainly wouldn’t be expecting any real share price fireworks in the short term, as the project is still a good few years away from production – securing the financing for stage 2 is likely to give it a boost though, even if temporarily – but the closer it gets to that stage, the more the project value will be reflected in the share price. Graeme Evans reveals the stocks investors just had to buy this year.It has upgraded its profit forecasts five times in the past 12 months.Last month, Investec Securities analyst Nicola Mallard said there was no reason to think the share price will fall flat as she reiterated her 'buy' rating alongside a target price of 2,330p.It was recently named AIM Company of the Year, having been picked out of a shortlist that also featured IQE and Boohoo.Shares are 1,500% higher than when it listed on AIM in November 2014, amid consistently strong demand for its upmarket tonic waters and mixers in the UK and overseas.

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