These ASX shares have more than doubled in value in a single year



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In the last 12 months, the All Ordinary (Index: ^ AXAO) (ASX: XAO) has recorded a solid gain of about 10 , 7% excluding dividends.

Although this is undoubtedly a significant gain, it is pale in comparison to some facts about the index during the period.

Three highlights are listed below:

Afterpay Touch Group Ltd. (ASX: APT The stock price has risen 395% since this time the year In addition to being impressed by its remarkable growth in the Australian market, investors fought for equities because of its expansion into the US With some believing that the market opportunity of Afterpay Touch in the US is over 20 times that of Australia, this could be a real change for the company if it can replicate its domestic success there. The company revealed that about 10% of all online purchases made in Australia now go through its now-paid buying platform. high risk investment, so the company can take advantage of its good start has In the United States, it could one day prove to be inexpensive at these levels

The Bubs Australia Ltd. (ASX: BUB) the stock price rose sharply by 165 % in the last 12 months. Investors have bought shares on the belief that Bubs could be the next star of the infant formula industry. Although I think his goat milk offer is unique and I have been impressed by the progress made in distribution contracts with us and in China, I have not seen anything yet in the growth of its sales to indicate that it will be the following A2 Milk Company Ltd. (ASX: A2M). But I will closely monitor any signs of increased sales during fiscal year 2019.

The Stock Price Lovisa Holdings Ltd (ASX: LOV) soared 168% since last year. This haute couture jewelry retailer has really attracted attention over the last 12 months thanks to the spectacular growth of its sales. While the company has benefited from a successful international expansion, this sales growth has also been supported by strong increases in same – store sales. While I think his actions now seem fully valued, like Afterpay Touch, if his US expansion is successful, there could be significant growth ahead.

Looking for the next Afterpay Touch or Bubs? So do not miss these future ASX stars

Disruptors: 3 Revolutionary Australian Companies to 2018

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James Mickleboro, associate of Motley Fool, has no position in any of the actions mentioned. The Motley Fool Australia owns shares in A2 Milk and AFTERPAY T FPO. We fools may not all have the same opinions, but we all believe that taking into account a wide range of perspectives makes us better investors. The Motley Fool has a disclosure policy. This article contains only general investment advice (AFSL 400691). Authorized by Scott Phillips.

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