Bravura Solutions Ltd and Xero Limited just printed 52-week highs

Shares in software products and services company Bravura Solutions Ltd (ASX: BVS) are at a 52-week high zooming up 106% from its $1.41 share price at this time last year to $2.94 at the time of writing.

Investors are rallying behind Bravura after it signed a long-term contract with Commonwealth Superannuation Corporation for the use of its next generation wealth management Sonata platform.

With a predicted dividend yield of around 3.1% Bravura should in the very least be on your watch list as an emerging contestant in the software solutions space.

Online accounting software company Xero Limited (ASX: XRO) is storming higher alongside Bravura, up 3.9% to $36.87 at the time of writing – a rise of 94% from its $18.95 share price at this time last year and a 52-week high.

Sector stalwart Iress Ltd (ASX: IRE) has been on a downtrend according to its 12-month chart, but share prices are up 1.6% to $9.87 at the time of writing.

Superannuation fund technology enabler Link Administration Holdings Ltd (ASX: LNK) has booked some solid share price gains in the past year, but its shares have dropped 1% to $8.62 so far today following an investor presentation yesterday.

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 Carin Pickworth has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of Bravura Solutions Ltd and Xero. The Motley Fool Australia has recommended IRESS 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 Scott Phillips.

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.