Rush, who scored 346 goals during two spells with the club, is confident that either one of the Reds' strikers could finish with this season's golden boot.
"They have got a chance," he told Liverpoolfc.com.
"Last year, the two best players in the league were Suarez and Bale. Suarez surprised me with how many he did score, I knew he could make goals, but he had an incredible season.
"I thought he was superb and he seems to have taken it on again. He has come back from his suspension and started scoring goals again.
"Sturridge had a great start to the season, scored in the first three or four games, and they are full of confidence now. It wouldn't surprise me.
"I think Sturridge may get a few more goals because of the way Suarez plays, he'll help Sturridge a bit more with his experience."
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