Why these 3 ASX shares have gone gangbusters in November

Despite the election of Donald Trump briefly causing a market meltdown, the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has had a solid month and gained 2.7%.

Whilst this is a good gain, three shares in particular have posted such a fantastic month that they make the S&P/ASX 200’s performance in November look trivial. Here’s why their shares have gone gangbusters:

a2 Milk Company Ltd (Australia) (ASX: A2M)

This fast-growing dairy company has seen its share price rise by a massive 28% in November. A big factor in this gain was last week’s trading update which revealed that the first four months of FY 2017 saw sales grow 96% over the prior corresponding period to NZ$155.2 million. Another positive was the success of a2 Platinum Stage 3 during Chinese Singles Day. The product was one of the top 10 Singles Day products across all categories on online shopping giant Despite the gain I feel a2 Milk is still at a great price for an investment.

BT Investment Management Ltd (ASX: BTT)

This fund manager has put on a gain of over 21% in November thanks to the announcement of its fourth consecutive record full-year result at the start of the month. Despite the Brexit and the subsequent depreciation of the British pound, BTIM still managed to deliver cash net profit after tax growth of 18% to $156 million. The concerns over funds flooding out post-Brexit didn’t eventuate. Average funds under management increased 7% in FY 2016 to $80.2 billion. Although I think BTIM is a great company, at 20x full year earnings it looks fully priced in my opinion.

Collins Foods Ltd (ASX: CKF)

KFC operator Collins Food has seen its share price rise 17% in November after the company announced its plan to acquire 11 KFC restaurants located in Germany. Although 11 restaurants doesn’t sounds too exciting, the company has entered the market at an incredibly opportune time. KFC Germany aims to increase its network in the nation from 140 to 300 restaurants in the near future. This could provide Collins Food with a long runway for growth. At 18x full year earnings I think Collins Food could be an attractive buy and hold investment.

Missed out on these gains? Don't worry, the smart money is on these hot stocks being the big winners in 2017. Is yours?

Big, Fat, Dividends

This company's dividend is almost the stuff of legends. Its reliable cash flows support a high payout ratio, and the company's stash of franking credits are the cherry on the top of the dividend cake. Based on the last 12-months of dividends, shares are offering a fully-franked 6.5% yield, which grosses up to a whopping 9.3%, when those franking credits are included.

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Motley Fool contributor James Mickleboro has no position in any stocks mentioned. The Motley Fool Australia owns shares of A2 Milk. 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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