The All Ordinaries (Index: ^AXAO) (ASX: XAO) may be sinking notably lower today, but not all shares have followed the index into the red.
In fact, three shares have managed to climb to 52-week highs today.
The Bingo Industries Ltd (ASX: BIN) share price climbed to an all-time high of $3.00 during morning trade on Wednesday. The waste management company caught the eye of investors after it recently delivered a half-year result ahead of expectations. I can't say I'm surprised to see its shares at a new high. I think Bingo is a great option for investors, especially with the company aiming to expand nationwide over the next few years. This should provide it with a long runway for growth.
The Macquarie Telecom Group Ltd (ASX: MAQ) share price has hit a multi-year high of $18.00. Last month the telco company posted an impressive 30% increase in net profit after tax on the prior corresponding period to $8 million. A key driver of this growth was the performance of its cloud services business. Although its shares have been on a strong run in recent months, I still like Macquarie Telecom and think it is a good alternative to the high-flying Nextdc Ltd (ASX: NXT).
The Nearmap Ltd (ASX: NEA) share price reached an all-time high of $1.08 this morning. Investors have been fighting to get hold of the aerial imagery company's shares since the release of a solid half-year update. Nearmap reported that annualised contract value grew a solid 31% during the first-half to $54.2 million. Furthermore, global customer numbers increased to 8,200 and the average revenue per subscription increased to $6,600. Whilst I'm not a buyer of its shares at these levels just yet, I could be converted into a buyer if this strong growth continues in the second-half.
