MENU

These 3 ASX shares have outperformed bitcoin in the last 12 months

Credit: Zach Copley

After going nowhere for several years, the bitcoin price has suddenly taken flight in recent months as speculators fight to get hold of the cryptocurrency.

Ultimately this has led to the bitcoin price rising a massive 334% during the last 12 months.

While bitcoin’s one-year return is undoubtedly an impressive one, there are several shares on the ASX which have bettered it. They are as follows:

The Big Un Ltd (ASX: BIG) share price has climbed an astonishing 425% in the last 12 months. With the company expecting to report a 399% increase in cash receipts to $20.3 million in FY 2017, it isn’t hard to see why its share price has rallied so strongly. Big Un is the parent company of Big Review TV, which aims to disrupt the online video space by delivering subscription-based video technology products and services.

The Kidman Resources Ltd (ASX: KDR) share price has risen a massive 385% in the last 12 months. The junior miner’s shares went gangbusters last year after the discovery of its world-class Earl Grey lithium deposit in Western Australia. While it wouldn’t necessarily be my first pick in the industry, if lithium prices remain high then Kidman could have a bright future ahead of it. The good news in this regard is that supply and demand are expected to remain increasingly tight for the next few years.

The SKY and Space Global Ltd (ASX: SAS) share price has climbed over 700% since this time last year. This exciting nano-satellite company plans to deploy nano-satellite constellations into orbit in order to provide global voice, instant messaging, and data communication infrastructure and services to the telecommunications and international transport industries. While it is too early for an investment for me, I’ll happily acknowledge that the company could revolutionise the industry if it can deliver on its goal. The first three nano-satellites are scheduled to be launched in June.

Instead of gambling on bitcoin I would suggest investors focus on quality investment options like these three growth shares. I'm tipping them for big gains this year and expect them to outperform the cryptocurrency in the long run.

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.

Motley Fool contributor James Mickleboro has no position in any stocks mentioned. 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.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.