These 3 ASX shares went gangbusters in the last month: Is it too late to invest?

The last 30 days have been reasonably disappointing for the benchmark S&P/ASX 200 (Index: ^AXJO) (ASX: XJO). The index has had a number of ups and downs during the period, ultimately leading to a 1.2% decline.

Three shares which have defied the market and climbed substantially higher are listed below. Is it too late to snap them up?

The Aconex Ltd (ASX: ACX) share price has bolted 22% in the last 30 days thanks largely to a trading update at the Macquarie Group Ltd (ASX: MQG) Conference. With many in the market fearing the worst, management reiterating its full-year guidance and long-term growth expectations was enough to send its shares soaring. Despite this strong gain, I do think the software-as-a-service company could be a buy today. Especially for those that are willing to make a patient buy and hold investment.

The Flight Centre Travel Group Ltd (ASX: FLT) share price has jumped 13% since this time last month. Like Aconex, Flight Centre made no changes to its full-year guidance at the Macquarie Conference. Whilst many feel that its second-half guidance is too optimistic and unachievable, I think a sharp increase in discount airfares and its cost-cutting program have put it in a position to deliver on its promise. But with its shares rallying strongly, it certainly isn’t the bargain buy it was a few months ago. Because of this I would hold off an investment for the time being and wait for a pull-back.

The iSentia Group Ltd (ASX: ISD) share price has rocketed 26% in the last 30 days for similar reasons. The market had been waiting for more bad news from iSentia’s embattled content marketing business. But pleasingly the company appears to have stopped the rot and was able to reiterate its full-year guidance at the start of the month. Whilst I am a big fan of its media-monitoring business and believe it has huge potential, I would hold off an investment until there is a notable improvement in its content marketing business.

Finally, instead of iSentia I would look into buying these fast-growing shares today. I feel each is capable of providing outsized returns over the next few years.

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.

The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of Flight Centre Travel Group Limited. Motley Fool contributor James Mickleboro has no position in any stocks mentioned. The Motley Fool Australia owns shares of ACONEX FPO. 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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