Why Nanosonics Ltd hit the S&P/ASX 200 gainers list today

Infection control solutions company Nanosonics Ltd (ASX: NAN) is at the top of the S&P/ASX 200 gainers list today with its share price up 3.9% to $2.66 at the time of writing.

The share price surge comes after the company announced details of Health Canada’s clearance for its second generation Trophon platform device – with FDA clearance allowing the company to launch trophon2 across the US and Canada in the 2019 first quarter.

Nanasonics is in good company on the gains list today with online accounting platform business Xero Limited (ASX: XRO) shares up 2.5% to $40.00, as chemical supplier Orica Ltd (ASX: ORI) also saw a share price surge of 2.9% to $20.15 in early morning trade.

Further down the gains list Super Retail Group Ltd (ASX: SUL) shares have shot up 2.5% to $7.76 on its second day of gains after the release of an investor update which saw its earnings outlook increase on strong auto sales.

And investors have responded well to an investor presentation out of NIB Holdings Limited (ASX: NHF) with the share price up 2.1% to $5.78 at the time of writing.

NIB flagged the “possible need to retain  more prudential capital” as part of the presentation, as APRA indicated it would conduct a review of capital standards.

From notable gainers to those maximising shareholder returns - check out these ASX companies set to raise dividends!

It's been a nail-biter of a reporting season here in the first half of 2018.

But the real action, in my opinion, is what companies are doing with dividends.

What does this mean for you? Well there is one stock I've found that could very well turn out to be THE best buy of 2018. And while there's no such thing as a 'sure thing' when it comes to investing - this ripper might come as close as I've ever seen.

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Motley Fool contributor Carin Pickworth has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Nanosonics Limited. The Motley Fool Australia owns shares of Super Retail Group Limited and Xero. The Motley Fool Australia has recommended NIB Holdings 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.

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