4 shares I'd cross the Tasman for

Australia isn't the only place with good investing options.

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Australia is a country with a small population but it has an impressive amount of businesses listed on the ASX.

However, there are a number of businesses that are based in other countries that are listed on the ASX.

One of the countries with the most companies listed on the ASX is New Zealand, these companies should be studied as closely as Australian companies. I think the following Kiwi companies are worth an investment:

Xero FPO NZX (ASX: XRO)

Xero is the cloud accounting software taking the western world by storm.

It offers users powerful automation and time-saving features, which is why its still growing subscribers at an impressive rate.

Gentrack Group Ltd (ASX: GTK)

Gentrack is a software and billing provider for utility companies and airports. These industries are defensive, so providing software for them is also a good thing.

Management are steadily adding bolt-on acquisitions to increase its offering to its current subscriber base.

A2 Milk Company Ltd (Australia) (ASX: A2M)

This unique milk company is rapidly expanding in Australasia and South East Asia. Its unique products are in high demand and that's why the share price is still growing rapidly.

The share price is probably too expensive to be good value in the short-term, but could be a good long-term price.

Fisher & Paykel Healthcare Corp Ltd (ASX: FPH)

The medical device manufacturer is very successfully tapping into the rising trend of spending on medical care.

The long-term trends of ageing demographics and decreasing health standards should see this Kiwi company be a long-term winner over the next five years.

Foolish takeaway

All four of these businesses are trading quite expensively. At the current prices, I think Xero is most likely to beat the market and the other three because of its high margins and global expansion plans.

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of A2 Milk and Xero. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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