Four shares which have defied the market today and climbed higher are listed below. Here's why they are storming higher:

The Bubs Australia Ltd (ASX: BUB) share price has rocketed 23% to 16 cents after the infant formula and baby food company announced an agreement with China-based Brilite Nutritionals. According to management, the deal will ultimately see Bubs' products hit the shelves of over 2,000 mother and baby stores throughout China. Positive news for the company, but I would suggest investors hold out and wait until sales data is available in the future.

The CSL Limited (ASX: CSL) share price is up almost 3% to $135.27 following the release of a positive research note from investment bank UBS. According to the note its analysts have upgraded the biotherapeutics company to a buy rating with a $145.00 price target. I have to agree with UBS on this one. CSL would be a great investment in my opinion.

The Kogan.com Ltd (ASX: KGN) share price has continued to climb higher, this time by a further 4% to $1.59. Investors appear to be pleased with the company's plan to launch an NBN service from 2018 and a mobile broadband service later this year. As promising as the news is, I'm still not a buyer of its shares due to Amazon's impending launch in Australia.

The UUV Aquabotix Ltd (ASX: UUV) share price is up almost 8% to 14 cents after the underwater drone company announced that it has commenced work on a consumer unmanned underwater vehicle product. Management has identified a gap in the consumer market and intends to fill it by offering a competitively priced product. I feel this is a great move from this exciting company.

The post Why these 4 ASX shares stormed higher today appeared first on The Motley Fool Australia.

Three which I believe should be on your watchlist today are as follows:

ChimpChange Ltd (ASX: CCA)

This US-based digital banking company aims to disrupt the American banking system with its mobile banking platform. Targeting the millennials and the underbanked, ChimpChange has been growing its customer numbers at an extremely impressive rate over the last two years. Impressively it achieved this growth whilst also reducing its cost of acquisition. At the last count 26% of its customer acquisitions came organically.

National Veterinary Care Ltd (ASX: NVL)

With pet ownership in Australia at high levels, I expect demand for its 54 veterinary practices will remain strong. Especially considering that research shows that 79% of dogs and 65% of cats visit the vet at least once a year. I believe this puts National Veterinary Care in a position to deliver strong organic earnings growth over the next few years. A further bonus for the company is the fragmented veterinary industry. This affords management the opportunity to grow through acquisition.

UUV Aquabotix Ltd (ASX: UUV)

As the name implies, UUV Aquabotix manufactures commercial and industrial grade unmanned underwater vehicles (UUVs) which can be used in industries including defence, law enforcement, aquaculture, and oil and gas. Yesterday the company announced that its Endura product had been placed on the GSA Schedule. By being on the GSA Schedule it means that procurement managers from various U.S. government agencies can seamlessly make purchases of its product. I believe UUV Aquabotix could have a very bright future ahead of it.

The post Here are 3 small-cap shares with huge potential on my watchlist appeared first on The Motley Fool Australia.

Take for example Altium Limited (ASX: ALU). In 2011 the printed circuit board software provider had a market cap of just $9 million. Fast forward to today and the company has a market value of $1.1 billion and is targeting revenue of US$200 million by 2020.

Of course for every success story there are many failures. But by choosing carefully I believe investors can limit the risks.

With that in mind, here are five small-caps I think are worth looking closely at:

ChimpChange Ltd (ASX: CCA)

This US-based digital banking company is looking to disrupt the American banking system with its mobile platform. Targeting millennials and the underbanked, ChimpChange has been growing its user numbers at an impressive rate over the last 12 months.

Cynata Therapeutics Ltd (ASX: CYP)

I believe this regenerative medicine company could have a bright future thanks to its Cymerus technology. That technology can produce an unlimited number of high quality stem cells at a low cost. Subject to clinical trials, these will then be used to treat numerous diseases including graft versus host disease and cardiovascular disease.

GetSwift Ltd (ASX: GSW)

This exciting delivery management software provider aims to streamline a company's logistics through its innovative platform. Its software optimises delivery routes, automates the dispatch process, and provides real-time tracking alerts. Even without a salesforce GetSwift has been growing strongly and has clients in over 59 countries and 475 cities.

LiveHire Ltd (ASX: LVH)

This talent technology company provides its users with a software platform which creates a pool of pre-qualified job candidates to access when they need to recruit. By doing things this way, it saves recruiters both time and money. LiveHire recently reported an impressive 75% quarter-on-quarter increase in cash receipts thanks to strong demand from big name clients such as Wesfarmers Ltd (ASX: WES) and Bupa.

UUV Aquabotix Ltd (ASX: UUV)

This fledgling company manufactures commercial and industrial grade unmanned underwater vehicles (UUVs). There are a good number of target markets for its UUVs to be used in, including defence, law enforcement, pipeline inspection, and aquaculture. As a leader in the field with a talented and respected management team, I believe UUV Aquabotix is positioned well to make a big impact in this growing industry.

The post Here are 5 exciting small-cap shares to watch appeared first on The Motley Fool Australia.