The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is having a disappointing finish to the week. In afternoon trade the benchmark index is down over 0.3% to 5,965 points.
Four shares which haven’t let that hold them back are listed below. Here’s why they have finished the week with a bang:
The Aconex Ltd (ASX: ACX) share price has stormed 7% higher to $5.50 despite there being no news out of the software-as-a-service company. Investors appear to have been encouraged by its trading update and full-year guidance given earlier this month at its annual general meeting.
The Corporate Travel Management Ltd (ASX: CTD) share price has climbed 2.5% higher to $21.31. Today’s gain appears to be attributable to a broker note out of Bell Potter this morning. According to the note, the broker has upgraded the travel agent to a buy rating with a $24.20 price target.
The Mineral Resources Limited (ASX: MIN) share price has climbed a further 7% to $20.10. As I mentioned yesterday, the miner and mining services company has found favour with brokers following its recent update. This led Morgan Stanley to increase its price target on its shares to $22.30. I think Mineral Resources is the best way to gain exposure to the lithium boom at the moment.
The Virgin Australia Holdings Ltd (ASX: VAH) share price has continued its strong run and is up 4% to 27.5 cents. This brings the airline’s one-month return to an impressive 44%. Virgin Australia’s shares were given a boost recently when a leading fund manager talked up the company’s prospects.
Here are three top tech shares being talked up at the moment.
Entire new industries and technologies unheard of 15 years ago are now regular parts of our lives.
It’s difficult to keep up with new developments – but if you think things are changing fast now, you haven’t seen anything yet. We’re in the midst of a technology revolution full of opportunities to make huge amounts of money.
We’ve found 3 Aussie companies at the forefront of this revolution. For everything you need to know, go here!
Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of ACONEX FPO and Corporate Travel Management Limited. 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.