Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.11% at lunch.
The Xero Limited (ASX: XRO) share price is up 9% as investors reacted to another solid report by the cloud accounting software business which included positive free cash flow.
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Shares of BWX Ltd (ASX: BWX) are down nearly 21% with the natural beauty business downgrading its FY19 profit guidance again, as well as announcing that it would change to a new CEO.
The share price of Experience Co Ltd (ASX: EXP) has declined 14.6% as the tourism business also announced a painful profit downgrade.
CYBG Plc (ASX: CYB) shares are up 2.3% as the UK challenger bank revealed its profit in its interim result which included a lot of integration costs.
The Westpac Banking Corp (ASX: WBC) share price is down 4.4% as the big bank went ex-dividend.
Shares of Afterpay Touch Group Ltd (ASX: APT) are down 3.3%, it is currently one of the worst performers in the ASX 200.
After searching through a market with over 2,000 shares, our lead expert investment analyst has narrowed it down to just 2 of his favourite rapid-growth shares in a FREE report to Rask Media readers.
Over the past five years, these two shares have gone from being 'tiny caps' to being serious contenders for the ASX 200.
Idea #1 is taking on the world, starting with the huge USA market. In a just a few short years the company has snatched market share away from rivals and is on its way to being the market leader.
Idea #2 uses a 'printer and cartridge' type model to get large and established customers: a) using their healthcare industry-leading product, b) paying for it again and again and again... so it's little wonder this company is tipped to grow at a rapid pace in 2019.
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Disclaimer: Any information contained in this article is limited to general financial/investment advice only. The information has not taken into account your specific needs, goals or objectives, so please consider consulting a licenced and trusted adviser before acting on the information. Please read The Rask Group’s Financial Services Guide (FSG) for more information. This article is authorised by Owen Raszkiewicz of The Rask Group, which is a corporate authorised representative No. 1264179 of Strawman Pty Ltd (ACN: 610 908 211) (AFSL: 501 223).
At the time of publishing, Jaz does not have a financial interest in any of the companies mentioned.