Last week I had a look at three shares which turned out to be arguably the worst investments you could have made in 2017.
Today I thought I would look at three of the best investments from last year. They are as follows:
Afterpay Touch Group Ltd (ASX: APT)
This payments company's shares finished the year with a gain 121%. It isn't hard to see why Afterpay Touch went gangbusters last year. The growing popularity of its service from both retailers and consumers led to the company recently advising that annualised sales are now tracking in excess of $1.5 billion based on its recent monthly performance. I continue to believe that this is still only the beginning and that it has the option to accelerate this growth through an expansion internationally.
Big Un Ltd (ASX: BIG)
This video technology company was one of the standout performers on the market last year with a stunning gain of 1,478%. Incredibly it could have been even larger had profit-taking not weighed on its share price late in the year. Considering the way it has grown its cash receipts over the last 12 months, I think Big Un's rise has been more than justified and could be one to watch in 2018.
Kidman Resources Ltd (ASX: KDR)
Thanks to rising lithium prices as a result of increasing demand from electric vehicle battery makers and the huge potential of its Mt Holland asset, investors fought hard to get hold of Kidman Resources' last year. This ultimately led to the lithium miner's shares rising a massive 219%. Whilst I think that Kidman's shares are now about fair value, this could change if lithium prices continue to rise in 2018.
