The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has had a positive start to the week and is up 0.1% to 5,912 points in early afternoon trade.
Four shares which have had even stronger starts to the week are listed below. Here's why they have started the week with strong gains:
The Avz Minerals Ltd (ASX: AVZ) share price is up 13% to 18.5 cents following the results of the initial mineral characterisation investigations at its Roche Dure Pegmatite. Those results reveal that the mean concentration of lithium carbonate is high and accompanied by a significant presence of tin. Management believes this confirms the potential for low cost production. While I think Avz is one to watch, its shares are a touch too expensive to buy in my opinion.
The Bubs Australia Ltd (ASX: BUB) share price has surged almost 30% higher to 83 cents. This morning Bubs released its latest quarterly update which showed a solid rise in sales. However, the main catalyst for today's gain is likely to be a later announcement which revealed that its products have launched on the Chemist Warehouse Tmall Global ecommerce platform.
The Huon Aquaculture Group Ltd (ASX: HUO) share price is up 2.5% to $5.00. Today's gain is likely to be attributable to a research note out of Goldman Sachs. According to the note, its analysts have initiated coverage on the salmon producer with a buy rating and $6.00 price target. Goldman appears to believe that Huon is about to reap the rewards of its $200 million growth program.
The Kogan.com Ltd (ASX: KGN) share price has climbed 5.5% to $4.60 following the release of its first-quarter update. The online retailer posted an impressive 35.9% increase in revenue on the prior corresponding period. Furthermore, Kogan advised that its mobile business continues to grow strongly and its new insurance business has had a positive start. While I have been impressed with its performance, I'm not a buyer of its shares due to its lofty valuation.
