Why these 4 ASX shares are ending the week with solid gains

The Domino's Pizza Enterprises Ltd. (ASX:DMP) share price is one of four ending the week with strong gains…

| More on:
a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is on course to have a disappointing finish to the week. In afternoon trade the benchmark index is down almost 0.8% to 5,691 points.

Four shares going against the grain today and climbing higher are listed below. Here's why they are finishing the week with solid gains:

The Bellamy's Australia Ltd (ASX: BAL) share price is up 3.5% to $7.79 despite there being no news out of the infant formula company. Despite a strong run over the last few months, the Bellamy's share price is still down over 38% since this time last year.

The Domino's Pizza Enterprises Ltd. (ASX: DMP) share price has climbed 3.5% to $42.52. With its shares down over 21% in the last three months, it seems as though some bargain hunters are swooping in today. I think Domino's is great value at the current share price and would suggest investors consider a buy and hold investment in the pizza chain operator.

The Slater & Gordon Limited (ASX: SGH) share price has surged 7% to 7.6 cents. Earlier this week the embattled law firm announced its proposed transformation plan which will see significant cost reductions and structural changes. Approximately 7% of its Australian employees will be impacted. I would suggest investors continue to stay away from Slater & Gordon's shares for the time being.

The Syntonic Ltd (ASX: SYT) share price has rocketed 23% to 3.2 cents after the mobile platform and services company announced that its Freeway Overpass app has been made available on the Apple App Store. This gives its unlimited mobile access app an audience of over 140 million Verizon and AT&T customers in the United States.

Motley Fool contributor James Mickleboro has no position in any of the 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.

More on ⏸️ Investing

Close up of baby looking puzzled
Retail Shares

What has happened to the Baby Bunting (ASX:BBN) share price this year?

It's been a volatile year so far for the Aussie nursery retailer. We take a closer look

Read more »

woman holds sign saying 'we need change' at climate change protest
ETFs

3 ASX ETFs that invest in companies fighting climate change

If you want to shift some of your investments into more ethical companies, exchange-traded funds can offer a good option

Read more »

a jewellery store attendant stands at a cabinet displaying opulent necklaces and earrings featuring diamonds and precious stones.
⏸️ Investing

The Michael Hill (ASX: MHJ) share price poised for growth

Investors will be keeping an eye on the Michael Hill International Limited (ASX: MHJ) share price today. The keen interest…

Read more »

ASX shares buy unstoppable asx share price represented by man in superman cape pointing skyward
⏸️ Investing

The Atomos (ASX:AMS) share price is up 15% in a week

The Atomos (ASX: AMS) share price has surged 15% this week. Let's look at what's ahead as the company build…

Read more »

Two people in suits arm wrestle on a black and white chess board.
Retail Shares

How does the Temple & Webster (ASX:TPW) share price stack up against Nick Scali (ASX:NCK)?

How does the Temple & Webster (ASX: TPW) share price stack up against rival furniture retailer Nick Scali Limited (ASX:…

Read more »

A medical researcher works on a bichip, indicating share price movement in ASX tech companies
Healthcare Shares

The Aroa (ASX:ARX) share price has surged 60% since its IPO

The Aroa (ASX:ARX) share price has surged 60% since the Polynovo (ASX: PNV) competitor listed on the ASX in July.…

Read more »

asx investor daydreaming about US shares
⏸️ How to Invest

How to buy US shares from Australia right now

If you have been wondering how to buy US shares from Australia to gain exposure from the highly topical market,…

Read more »

⏸️ Investing

Why Fox (NASDAQ:FOX) might hurt News Corp (ASX:NWS) shareholders

News Corporation (ASX: NWS) might be facing some existential threats from its American cousins over the riots on 6 January

Read more »