Why these 4 ASX shares have posted solid gains today

In afternoon trade the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) looks set for another disappointing decline. At the time of writing the benchmark index is down 0.5% to 6,020 points.

Four shares that haven’t let that hold them back are listed below. Here’s why they have posted solid gains today:

The A2 Milk Company Ltd (ASX: A2M) share price is up almost 2% to $7.56 after announcing its expansion into the North East of the United States. This move is expected to result in approximately 5,000 stores stocking its products from this month, up from 3,600 stores previously. I think this is yet another reason to be bullish on a2 Milk in the long-term.

The Afterpay Touch Group Ltd (ASX: APT) share price is up 2.5% to $7.80. Yesterday the payment solutions company provided a trading update which revealed impressively strong growth across all business metrics. The company also advised that it is looking into expanding the Afterpay platform into the lucrative U.S. market. Like a2 Milk, I think this could be another great buy and hold investment.

The Creso Pharma Ltd (ASX: CPH) share price has climbed 3% to $1.11 after announcing a commercial agreement with UK-based Precision HealthCare to market and distribute Creso’s hemp-based human health nutraceuticals in the UK. Precision sells and distributes consumer healthcare brands to retailers and independent pharmacies covering more than 5,000 points of sale in the UK.

The Sirtex Medical Limited (ASX: SRX) share price has jumped 13% to $17.68 following the release of a trading update. According to the release, Sirtex expects to report full-year EBITDA between $75 million and $85 million. This will be a solid increase on the underlying EBITDA of $61.5 million it achieved in FY 2017. While I’m not completely convinced that the worst is behind the company, things to look to be improving greatly for Sirtex.

If you missed out on these gains then don't miss out on this massive investment opportunity.

Bill Gates Says This Could Be Worth “10 Microsofts”

If You Missed Investing In Microsoft in 1996 – Read This

I can’t believe so many investors haven’t heard about something Microsoft founder Bill Gates told a group of college students in 2004.

This could be your chance to get in on the ground floor!

Click here to discover more!

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of A2 Milk and 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.

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.