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Why these 4 ASX shares have rocketed higher today

In afternoon trade the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is lower by 0.2% to 5,916 due largely to sharp declines in the telecommunications sector.

But not all shares have fallen lower today. Four shares in particular have gone against the grain today and posted notably strong gains. Here’s why:

The GetSwift Ltd (ASX: GSW) share price has jumped 8% to 79 cents after the exciting software-as-a-service company announced a partnership agreement with Mobi2Go. The partnership will see GetSwift offer additional global touchpoints for Mob2Go’s online and mobile ordering system. Management expects the partnership to increase and diversify its client base.

The PUSHPAY FPO NZX (ASX: PPH) share price has climbed almost 5% to $1.78 after the mobile commerce company announced a record quarter of growth. According to the release, a strong increase in its customer numbers resulted in annualized committed monthly revenue rising to US$50.5 million. Management expects to breakeven on a monthly cash flow basis prior to the end of calendar year 2017.

The Saracen Mineral Holdings Limited (ASX: SAR) share price is up almost 5% to $1.08 thanks to a jump in the spot gold price. Due to rising tensions in Syria and Korea, the spot gold price is currently fetching US$1,275 an ounce. This is the highest price gold has traded at since November of last year.

The SKY and Space Global Ltd (ASX: SAS) share price has surged 7% to 23.5 cents after the communications infrastructure company announced that its nano-satellites had successfully tested the transmission of voice calls, instant messaging services, data transfers, and the uploading of software upgrades. As a result its ground station and software are now deemed to be “space ready”.

Did you miss out on gains today? If you did then give your portfolio a boost with an investment in one of these explosive shares. I'm tipping them all to smash the market in 2017.

Top 3 ASX Blue Chips To Buy In 2017

For many, blue chip stocks means stability, profitability and regular dividends, often fully franked..

But knowing which blue chips to buy, and when, can be fraught with danger.

The Motley Fool's in-house analyst team has poured over thousands of hours worth of proprietary research to bring you the names of "The Motley Fool's Top 3 Blue Chip Stocks for 2017."

Each one pays a fully franked dividend. Each one has not only grown its profits, but has also grown its dividend. One increased it by a whopping 33%, while another trades on a grossed up (fully franked) dividend yield of almost 7%.

If you're expecting to see the likes of Commonwealth Bank, Telstra and Wesfarmers shares on this list, you'll be sorely disappointed. Not only are their dividends growing at a snail's pace, their profits are under pressure too due to the increasing competitive environment.

The contrast to these "new breed" blue chips couldn't be greater... especially the very real prospect of significant share price gains, something that's looking less likely from the usual blue chip suspects.

The names of these Top 3 ASX Blue Chips are included in this specially prepared free report. But you will have to hurry. Depending on demand - and how quickly the share prices of these companies moves - we may be forced to remove this report.

Click here to claim your free report.

Motley Fool contributor James Mickleboro has no position in any stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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