MENU

Why Bubs, HUB24, Splitit, & St Barbara shares charged higher today

In afternoon trade the benchmark S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is on course to start the week on a disappointing note. At the time of writing the index is down 0.35% to 6,182.7 points.

Four shares that have not let that hold them back are listed below. Here’s why they have charged higher:

The Bubs Australia Ltd (ASX: BUB) share price has continued its positive run and is up a further 3.5% to 73 cents. Investors have been fighting to get hold of the goat milk infant formula company’s shares after it announced a potential joint venture with Beingmate Baby & Child Food Co. in Shanghai. If the joint venture goes ahead it will distribute and promote Bubs’ products in the massive China market.

The Hub24 Ltd (ASX: HUB) share price has also continued its strong run and is up 6% to $13.81. The investment platform provider’s shares have rallied strongly since the end of last week when S&P Dow Jones Indices announced that it would be added to the ASX 200 at the next quarterly rebalance later this month.

The Splitit Ltd (ASX: SPT) share price has zoomed higher once again and is up 22.5% to $1.92. This latest gain means the payments company’s shares have now surged an incredible 860% since hitting the ASX boards at the end of January at 20 cents per share. It appears as though investors have been fighting to get hold of its shares on the belief that it could be the next Afterpay Touch Group Ltd (ASX: APT).

The St Barbara Limited (ASX: SBM) shares has jumped 4.5% to $4.36 after the gold price finished the week on a high. The spot gold price rose 1% to US$1,298.60 an ounce on Friday after the U.S. dollar weakened following the release of disappointing employment data in the United States. The S&P/ASX All Ords Gold index is up 3.1% this afternoon.

Missed these gains? Then don't miss these top shares that have been tipped for big things.

Top 3 ASX Blue Chips To Buy For 2019

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 2019."

Each one pays a fully franked dividend. 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 move – 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 owns shares of 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 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!