Why these 3 shares are taking off

Shareholders of these companies enjoyed a positive start to the week. Ltd (ASX: KGN)

The Ltd share price was up by 6.81% on Monday as the e-commerce company’s stock continues to recover.

The Kogan share price slumped from the $9.80 it was trading at in early June to a dismal $4.70 at the end of July.

But the Kogan share price has since edged back to $5.96.   

Under the constant threat of the Amazon effect lingering in investors’ minds, Kogan may not be the ASX’s most stable company.

However, with Kogan expected to release its half-year results on Friday, shareholders could soon be presented with a clearer picture concerning Amazon’s impact on Kogan.

 Navigator Global Investments Ltd (ASX: NGI)

The Navigator share price lost more than 5% when the company released its FY18 results presentation last week.

But it seems the Navigator share price has defied the results jitters and bounced back, gaining 4.5% on Monday.

With Navigator’s market value fast approaching $1 billion, shareholders have enjoyed returns exceeding 120% over the past year.

Eclipx Group Ltd (ASX: ECX)

The Eclipx Group Ltd share price took a battering earlier this month when the fleet management company slashed its profit expectations.

Eclipx shares sunk by about 40% after the company stated that it expected its FY2018 NPATA to come in at around $77 million. That would represent an increase of about 15% on the prior corresponding period’s results rather than an increase of up to 30% as the company had previously indicated.

The Eclipx share price has since recovered after dropping to $1.80 last week and is now up to $2.10, having gained more than 10% on Monday.

Despite the recent gains, the Eclipx share price is still far below the $3.64 it was going for this time last year, representing a decline of more than 40% over the past 12 months.

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 Atlassian.

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 Steve Holland has no position in any of the stocks mentioned. The Motley Fool Australia has recommended 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…


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!