MENU

These ASX shares have quadrupled in value in 12 months

As I mentioned earlier today, the All Ordinaries (Index: ^AXAO) (ASX: XAO) has had a tricky 12 months that has resulted in a paltry gain of just 2.5%.

The good news for investors is that there has been a good number of shares that have vastly outperformed the index.

Three which have more than quadrupled in value over the last 12 months are listed below. Here’s why they are up over 300% during this time:

The Bubs Australia Ltd (ASX: BUB) share price has climbed a massive 324% since this time last year. The fledgling goat’s milk infant formula company certainly has come a long way during this time. It has signed countless distribution agreements with supermarkets and pharmacies in Australia and several large Chinese e-commerce platforms. Of all the up and coming infant formula companies, I think Bubs would have the best chance of succeeding due to differentiating from the competition with its goat’s milk offering. However, I can’t help but feel that a significant amount of success has already been built into its share price. This makes it a reasonably risky play and subject to sharp declines if its growth is slower than expected.

The Cann Group Ltd (ASX: CAN) share price has rocketed 379% over the last 12 months. The medicinal cannabis company has been seen as one of the leaders in the growing industry due to the licences it has attained and its huge Northern and Southern facilities in Victoria. These have significant capacity and put the company in a great position to profit from the recent changes in regulations to allow for medicinal cannabis exports. That is of course if the demand for product is there. It is early days, but I have Cann Group on my watchlist.

The Kogan.com Ltd (ASX: KGN) share price has risen a remarkable 420% during the last 12 months after the e-commerce company continued to outperform expectations. Last month Kogan reported a 45.7% increase in first-half revenue to $209.6 million and a whopping 118.9% increase in half-year net profit after tax to $8.1 million. Incredibly, this meant that Kogan’s first-half profit alone was 12.5% higher than the total profit it made in the whole of FY 2017. While its shares are expensive, I think Kogan’s growth profile arguably justifies this premium. I would class Kogan as a buy even after this incredible gain.

Lastly, looking for the next shares to rocket higher? My money would be on these hot stocks.

Top 3 ASX Blue Chips To Buy In 2018

For many, blue chip stocks mean stability, profitability and regular dividends, often fully franked..

But knowing which blue chips to buy, and when, can be fraught with danger.

The Motley Fool’s in-house analyst team has poured over thousands of hours worth of proprietary research to bring you the names of "The Motley Fool’s Top 3 Blue Chip Stocks for 2018."

Each one pays a fully franked dividend. Each one has not only grown its profits, but has also grown its dividend. One increased it by a whopping 33%, while another trades on a grossed up (fully franked) dividend yield of almost 7%.

The names of these Top 3 ASX Blue Chips are included in this specially prepared free report. But you will have to hurry. Depending on demand – and how quickly the share prices of these companies moves – we may be forced to remove this report.

Click here to claim your free report.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Kogan.com ltd. 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 Scott Phillips.

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!