Malcolm's Innovation Nation Has Some Shares Up 100%
The market is up +3% this last fortnight.
Has Malcolm Turnbull got it right with his ‘Innovation Nation’ focus, he might be on the money with the strongest shares on the ASX are smart companies dominating wearable technologies (+100%), smart healthcare (+16%) and smart media (+6%). The strong themes for 2016 continue to be gold mining companies, joined by lithium miners (used for batteries from smart phones through to Telsa supercars).
Here is a list of companies that we will wish we’d owned because they’re the best on the ASX. Some are house-hold names, but most are the smaller companies that only get noticed by the crowd months after they’ve put on a few hundred percent.
This is a list of the top performing tradeable-shares on the ASX.
Top 5 Summary:
1: NUH - NUHEARA
A developer of a wearable technology that enables users to listen and communicate.
2: SLR - SILVER LAKE RESOURCES
A gold producing and exploration company with resources in the prospective regions in Western Australia.
3: TRY - TROY RESOURCES
A gold and silver producer with operations at Andorinhas in Para State, Brazil and Casposo in San Juan Province, Argentina and a development project in Guyana.
4: RAP - RESAPP HEALTH
Is developing digital/smart healthcare solutions to assist doctors and empower patients to diagnose and manage respiratory disease.
5: ORE - OROCOBRE
A mineral exploration company focused on the construction and operation of its portfolio of lithium, potash and boron projects and facilities in the Puna region of northern Argentina.
|Rank||Code||Description||Sector||Two Week Performance|
|14||OML||Ooh!Media Limited||Consumer Discretionary - 25||5.76%|
|11||FET||Folkestone Edu Trust||Financials - 40||6.55%|
|12||NSR||National Storage||Financials - 40||6.41%|
|17||TIX||360 Cap Indust Fund||Financials - 40||3.89%|
|18||GHC||Gen Healthcare REIT||Financials - 40||2.73%|
|4||RAP||Resapp Health Ltd||Health Care - 35||16.28%|
|7||SSM||Service Stream||Industrials - 20||12.41%|
|1||NUH||Nuheara Limited||Information Technology - 45||101.75%|
|8||APX||Appen Limited||Information Technology - 45||9.32%|
|15||NXT||Nextdc Limited||Information Technology - 45||5.08%|
|16||NTC||Netcomm Wireless||Information Technology - 45||4.43%|
|2||SLR||Silver Lake Resource||Materials - 15||28.57%|
|3||TRY||Troy Resources Ltd||Materials - 15||26.23%|
|5||ORE||Orocobre Limited||Materials - 15||15.66%|
|6||RMS||Ramelius Resources||Materials - 15||15.24%|
|9||AJM||Altura Mining Ltd||Materials - 15||7.50%|
|10||MOY||Millennium Min Ltd||Materials - 15||7.14%|
|13||DRM||Doray Minerals Ltd||Materials - 15||5.91%|
|19||GXY||Galaxy Resources||Materials - 15||2.60%|
|20||MNS||Magnis Resource Ltd||Materials - 15||2.56%|
Christopher is head of equites at Spring Financial Group. Christopher has over 10 years' experience managing equities desks with thousands of retail clients and responsibility for maintaining and servicing retail and wholesale relationships.