Momentum is the term used to describe the market anomaly that stocks that have been performing well in the past tend to continue to do so in the future.
The below table ranks all stocks within the S&P/ASX 200 index based on their trailing 12-month share price return and shows the top 15 results. ‘Momentum’ is a well-researched market factor and states that stocks that have out-performed their peers over the medium term tend to continue to outperform over the short-term. Thus by keeping an eye on the stocks within this list, we have a watchlist of potential ideas that will do well over the coming weeks.
ASX Momentum Stocks
| Stock code | Stock name | Sector | Current price | Return 12m | Rank |
|---|---|---|---|---|---|
| MP1 | Megaport Limited | Technology | $14.29 | 158.88% | 1 |
| 360 | Life360, Inc. | Technology | $13.67 | 145.6% | 2 |
| RED | Red 5 Limited | Basic Materials | $0.44 | 138.89% | 3 |
| PDN | Paladin Energy Ltd | Energy | $13.16 | 109.47% | 4 |
| AD8 | Audinate Group Limited | Technology | $18.60 | 107.6% | 5 |
| EMR | Emerald Resources NL | Basic Materials | $3.41 | 83.33% | 6 |
| PME | Pro Medicus Limited | Healthcare | $109.38 | 79.96% | 7 |
| ALU | Altium Limited | Technology | $65.40 | 76.61% | 8 |
| SDR | SiteMinder Limited | Consumer Cyclical | $5.57 | 73.23% | 9 |
| BOE | Boss Energy Limited | Basic Materials | $4.38 | 71.38% | 10 |
| SVW | Seven Group Holdings Limited | Industrials | $38.33 | 63.34% | 11 |
| CSR | CSR Limited | Industrials | $8.86 | 61.27% | 12 |
| JHX | James Hardie Industries plc | Basic Materials | $54.86 | 60.33% | 13 |
| GMG | Goodman Group | Real Estate | $30.81 | 57.11% | 14 |
| NWS | News Corporation | Communication Services | $38.40 | 54.86% | 15 |
About this table
The ASX Momentum stocks table is one of a series of informational tables provided for free to give subscribers useful information to inform their trading decisions. This table is updated weekly and offers clients the most current top momentum stocks. Investors and traders who are interested in stocks that have a chance of growing in the medium to long term and want ASX stock exposure can review the stocks in this table and select the ones they would like to hold from the list.
For a similar table with US stocks, please search for our US Momentum stocks table.
