Unfortunately the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is on course to make it three successive days of declines. In afternoon trade the benchmark index is down 0.5% to 5,677 points.
But that hasn't stopped a number of shares from charging higher. Four which have caught the eye today are listed below. Here's why they are higher:
The a2 Milk Company Ltd (Australia) (ASX: A2M) share price is up 3.5% to $5.24. On Monday a2 Milk released an investor presentation which reaffirmed its outlook for FY 2018. Management expects continued strong growth in infant formula and milk powders in Australia and China, as well as improved momentum in the US and the UK. While it may be expensive, I think a2 Milk could prove to be worth every cent.
The Galaxy Resources Limited (ASX: GXY) share price is up over 5% to $2.14. On Tuesday the lithium miner's shares fell around 3% as profit taking weighed on its shares after a strong rally. Shareholders will no doubt be delighted to see the post-earnings rally continue again today. In my opinion Galaxy is one of the best long-term buy and hold options in the resources sector.
The GetSwift Ltd (ASX: GSW) share price has continued its strong run and has climbed 7% to $1.34. Incredibly, this means that the logistics management software company's shares have risen a staggering 33% since this time last week. Despite this rise I still believe there is significant upside potential in the long-term that makes this a great buy and hold investment.
The Senex Energy Ltd (ASX: SXY) share price has rocketed 21% to 32.7 cents after the energy company was awarded the 58 square kilometre Surat Basin acreage for domestic gas supply by the Queensland government. This led to analysts at both Macquarie and Citi upgrading Senex to buy ratings.
