MENU

Why these 4 ASX shares are ending the week with a bang

The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is on course to make it three successive days of gains. In afternoon trade the benchmark index is higher by 0.3% to 5,812 points.

Four shares finishing the week strongly are listed below. Here’s why they are ending the week with a bang:

The Bubs Australia Ltd (ASX: BUB) share price has continued its solid run and is up a further 8% to 62 cents. Investors have been flocking to infant formula shares over the last few weeks, pushing share prices significantly higher. Bubs’ shares have climbed almost 28% just this week.

The Domino’s Pizza Enterprises Ltd (ASX: DMP) share price is up 4.5% to $50.40. Overnight the US-based Domino’s Pizza reported its second-quarter results which revealed that international comparable sales were up 5.1% on the prior corresponding period.

The Galaxy Resources Limited (ASX: GXY) share price is storming higher again, this time by almost 4% to $3.27. With lithium carbonate prices rising 50% year-to-date amid positive global demand forecasts and tight supply, Galaxy certainly looks to be in a position to profit greatly this year.

The Ramsay Health Care Limited (ASX: RHC) share price is up 3.5% to $65.88. Today’s gain is likely to be attributable to the government’s plan to make private health insurance more affordable. The private hospital operator’s shares had come under pressure this year amid falling private health insurance participation rates.

Missed these gains? Then don't miss these top shares!

Top 3 ASX Blue Chips To Buy In 2017

For many, blue chip stocks mean 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%.

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 owns shares of Galaxy Resources Limited. 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.