The Motley Fool

Here’s why these 4 ultra-promising ASX stocks are jumping today

The Australian share market has retreated a little further today, with the benchmark S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) index hovering 0.5% lower early in the afternoon, weighed down by some of Australia’s biggest stocks. But that hasn’t stopped these four market beauties from jumping strongly.

Regis Healthcare Limited (ASX: REG) rose as much as 13% earlier in the session, clocking a high of $5.14 after it upped its full-year net profit guidance by 5-10%. The aged care provider reported strong revenue growth and a solid reduction in staff costs, while it also ended the period with a strong cash position (with no debt), putting it in an excellent position to capitalise on its growth opportunities.

XERO FPO NZ (ASX: XRO) has extended its strong rally, rising a further 4.6% today after it received a ‘please explain’ from the New Zealand Securities Exchange yesterday. While it confirmed it was in compliance with its continuous disclosure obligations, the cloud-computing software giant has now risen 26% since the beginning of the week and is trading at $19.64 a share.

Webjet Limited (ASX: WEB) has risen another 8.2% today. In the six months ended December, the online travel agency posted a massive 38% rise in international bookings, which was far stronger than the market’s growth rate of just 4%. Indeed, the future is looking bright for Webjet and today’s gain complements yesterday’s 4.1% jump.

Tatts Group Limited (ASX: TTS) is the ASX 200’s top performing stock today, rising 7.4% to $4.06 per share. JPMorgan, Macquarie and UBS have all upgraded their guidance on the stock after the gaming business posted a 14.6% lift in first-half net profits yesterday. JPMorgan is the most bullish on the stock, having raised its price target by 15% to $4.38 per share which is almost 8% above today’s price tag.

NEW: The Motley Fool’s BEST stock idea for 2015 – Yours FREE!

NEW. The Motley Fool AU Releases Five Cheap and Good Stocks to Buy for 2020 and beyond!….

Our experts here at The Motley Fool Australia have just released a fantastic report, detailing 5 dirt cheap shares that you can buy in 2020.

One stock is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…

Another is a diversified conglomerate trading over 40% off it's high, all while offering a fully franked dividend yield over 3%...

Plus 3 more cheap bets that could position you to profit over the next 12 months!

See for yourself now. Simply click here or the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.


Motley Fool contributor Ryan Newman owns shares in XERO FPO NZ. The Motley Fool owns shares in XERO FPO NZ. You can follow Ryan on Twitter @ASXvalueinvest.