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5 ASX stocks you should’ve bought last month

Credit: Jim Frazier

Over the past month, the All Ordinaries (ASX: XAO) (INDEXASX: XAO) has virtually gone nowhere, dropping by 1.2%, but these five stocks have all had huge gains.

Gold miner St Barbara Ltd (ASX: SBM) has rocketed up 107% in the past month alone, and more than 300% since the start of the year. Named one of Australia’s lowest cost producers by colleague Regan Pearson today, with huge operating margins of 89% in the last quarter, St Barbara has 2 mining operations, Leonora in Western Australia and Simberi in Papua New Guinea. The company sold its Solomon Islands mine last week for a ‘nominal amount’.

Buru Energy Limited (ASX: BRU) has seen its shares soar 55% in the past month, and now trades at around 52 cents per share. That is partly on the back of the oil price, which has recovered substantially from lows not seen since the GFC. Brent oil is now around US$66 per barrel. Buru is moving its Ungani oil field into operational mode, and the company is targeting 3,000 barrels of oil per day (bopd), from an initial 1,250 bopd.

Liquefied Natural Gas Ltd (ASX: LNG) (‘LNGL’) has rocketed up 40% in the past month, on some positive news flow. LNGL is developing a liquefied natural gas export facility in the US using its patented OSMR technology that cuts the cost of developing LNG processing plants by around half. The company has 3 facilities under development, Magnolia LNG Project in the US, Bear Head in Canada and Fisherman’s Landing at Gladstone in Queensland.

Iron ore producer BC Iron Limited’s (ASX: BCI) shares have gained 42% since early April after the spot iron ore price staged a 20% plus recovery in the past month. But whether that’s a ‘dead cat bounce’ remains to be seen. The underlying problem of too much supply driving down iron ore prices still remains – despite reports that the majors including Vale and BHP Billiton Limited (ASX: BHP) were looking at slowing their production growth.

Bellamy’s Australia Limited (ASX: BAL) has seen its shares jump 32% in the past month, and the share price has doubled since the start of this year. The Tasmanian-based infant formula business has capitalised on strong demand for its products both in Australia and overseas, particularly China. As China’s middle-class population grows, so too should demand for Bellamy’s products.

Where to invest $1,000 right now

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

*Returns as of February 15th 2021

Motley Fool contributor Mike King has no position in any stocks mentioned. You can follow Mike on Twitter @TMFKinga

The Motley Fool Australia owns shares of Bellamy's Australia. 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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