MENU

Could these 3 shares prove the doubters wrong next month?

Reporting season is only a few weeks away, it won’t be long before we start learning whether some companies have some great news or disappointing updates to tell the market.

I love reporting season because for most shares you only get a true insight into how the business is doing in the half-year and full-year report. Although, sometimes there might be a trading update during the year which is particularly positive or negative.

Share prices are mostly forward looking. That means that if the market believes a company’s profit is going to impress or disappoint at the next report the share price will go upwards (or downwards) before we see the profit figures. It’s only during reporting season when we learn whether the market was right or not.

The overall share market has done very well over the past year with the ALL ORDINARIES (Index:^AXAO) (ASX:XAO) returning over 10% including dividends.

However, there are some shares which have grown by much, much more over the past year:

GetSwift Ltd (ASX: GSW) has grown by 957%

Updater Inc (ASX: UPD) has grown by 198%

Yojee Ltd (ASX: YOJ) has grown by 650%

All three of these companies have released impressive updates, but there are quite a few doubters out there. There are some tech companies like Afterpay Touch Group Ltd (ASX: APT) and Big Un Ltd (ASX: BIG) where the share prices have also grown strongly, but the quarterly revenue is growing at these businesses at strong rates.

GetSwift, Updater and Yojee have the perfect opportunity to show the market about the financial progress they have made over the last six months in reporting season next month. Investors’ patience may start to wear thin if revenue growth still seems like it’s on the distant horizon.

Instead, I’d rather buy shares of companies which are showing clear signs of revenue growth today, such as these three exciting stocks.

The Disruptors: 3 Revolutionary Aussie Companies to Back for 2018

We’re living in one of the most exciting times in investing history. Innovation and a booming culture of entrepreneurship are constantly creating new companies with the potential to make forward-thinking investors very rich. Now more than ever, one small, smart investment could make a huge difference to your wealth.

That’s why at The Motley Fool we’ve been scrutinizing the ASX to uncover the kinds of companies that we believe could turn into the next Cochlear or REA Group.

We’ve found three exciting companies that we believe re poised to perform in the new year. Click here to uncover these ideas!

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of AFTERPAY T FPO. 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.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…

Including:

The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!