5 ASX All Ords shares smashing new highs while the market slides

Investors are sending these ASX All Ords stocks to new highs on Friday.

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The All Ordinaries Index (ASX: XAO) is down 0.3% in early afternoon trade on Friday, but that's not holding back these fast-rising ASX All Ords shares.

Some of these stocks are hitting new all-time high territory today, while others are setting new 52-week-plus highs.

Which outperforming companies are we talking about?

Read on!

Five ASX All Ords stocks notching new highwater marks

The first ASX All Ords share hitting new all-time highs today is biopharmaceutical company Telix Pharmaceuticals Ltd (ASX: TLX).

Telix is primarily focused on developing diagnostic and therapeutic products to help treat different types of cancer. Following a series of successes that saw the company boost its first-half revenue in 2024 by 65% year over year to $364 million, investors have been piling into the stock.

Telix shares are up 1.7% at the time of writing, trading for $24.19 each after touching a new record high of $24.21 earlier today. That puts the share price up 149% in a year and up a blistering 1,321% in five years.

Moving onto the second outperforming ASX All Ords share, this one hitting six-year highs, we have fleet management and vehicle leasing company SG Fleet Group Ltd (ASX: SGF).

SG Fleet shares are currently changing hands for $3.33 apiece after hitting a record $3.41 near the open. That's the highest level since October 2018. Shares are up 45% over the past year. The stock got a big boost earlier this week after reporting on takeover discussions with Pacific Equity Partners that value SG Fleet stock at $3.50 a share.

Which brings us to today's third ASX All Ords share gainer — this one also hitting an all-time high — specialist software provider Gentrack Group Ltd (ASX: GTK).

Gentrack shares are up 3.2% at the time of writing today, trading for $12.80 apiece, a slight drop from its record $12.92 price at lunch time. That sees the share price up 134% in a year.

The stock leapt 28.1% on Tuesday this week following some strong full-year results. That included a 25.5% year on year revenue leap to NZ$213.2 million.

Moving on to the fourth ASX All Ords share on our list, which is hitting eight-year highs, is global sports data and analytics company Catapult Group International Ltd (ASX: CAT).

The Catapult share price is up 1.7% at the time of writing, with shares swapping hands for $3.60 apiece. That sees Catapult shares up 188% in a year and trading at their highest levels since August 2016.

Catapult shares have also been drawing investor interest amid growing revenue. On 14 November, the company reported a half-year revenue of US$57.8 million, up 19% year-on-year.

Rounding off our list of outperforming ASX All Ords shares, posting 54-week highs today, is sports betting company Pointsbet Holdings Ltd (ASX: PBH).

The Pointsbet share price is up 1.9% at the time of writing, at $1.05, after peaking at $1.07 in early trade. That sees Pointsbet shares up 38% in a year and trading at their highest level since last September.

The stock has been in a strong uptrend since early September amid improving profit margins and declining operating expenses.

Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Catapult Group International, Gentrack Group, PointsBet, and Telix Pharmaceuticals. The Motley Fool Australia has positions in and has recommended Gentrack Group. The Motley Fool Australia has recommended Catapult Group International and Telix Pharmaceuticals. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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