Here's why these 4 companies are soaring higher today

Kip McGrath Education Centres Limited (ASX:KME), TFS Corporation Limited (ASX:TFC) and Greencross Limited (ASX:GXL) are among today's top performers.

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It's another down day for the S&P / ASX 200 (Index: ^AXJO) (ASX: XJO) as the index is dragged down by the resources sector and concerns over the outlook for the domestic economy. As always there are companies jumping higher and several stand out from the crowd as interesting prospects. Let's take a look at them.

Kip McGrath Education Centres Limited (ASX: KME) is an online tutoring and professional education services provider that appears to be back on a growth trajectory thanks to some operational reforms. The company is growing in Australia and overseas, has a healthy balance sheet, and recently declared a 0.5 cent per share half-year dividend. It looks to be in a growth sector and has lifted 2.5 cents or 5.3% to 50 cents today on improved investor sentiment.

REA Group Limited (ASX: REA) is the online juggernaut that recently disappointed the market with its quarterly trading update. Valued highly for its consistent double-digits earnings growth the stock was sold off despite some impressive numbers and today's 2.9% lift is most likely the work of bargain-hunting investors.

Greencross Limited (ASX: GXL) is the veterinary services and pet shop aggregator that crashed to a 52-week low recently on concerns over the sustainability of its acquisitive growth strategy. The stock has jumped 22 cents or 3.2% today to $7.03 as some in the market decide they'd be barking to ignore it.

TFS Corporation Limited (ASX: TFC) has today lifted 4% to $1.95 after it recently reported cash earnings of $10.4 million for the nine months ending March 31, 2014. Tropical Forestry Services is based in Northern Australia where it grows and manages vast sandalwood plantations covering 9,085 hectares – the equivalent of around 3 million trees. Moreover the value of sandalwood and its oil derivative has been on the rise due to growing demand and limited supply.

TFS Corp still presents as a medium-high risk investment opportunity with a tantalising outlook, although it's not the only one offering growing returns..

Motley Fool contributor Tom Richardson owns shares of Kip McGrath Education Centres Ltd. and TFS Limited. You can find Tom on Twitter @tommyr345 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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