Here are last week’s 3 biggest ASX 200 winners

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Last week, the S&P/ASX 200 index fell 12.1 points or 0.2 per cent to close on Friday at 6045.20.

Here are the week’s 3 biggest ASX 200 winners.

Nanosonics Ltd

The Nanosonics Ltd (ASX:NAN) share price jumped 14.13 per cent higher to close the week at $3.07. Nanosonics shares climbed steadily following the release of survey results from the US that found a high rate of non-compliance with major disinfecting guidelines for surface ultrasound probes.

Having last month gained FDA clearance and a Medical Device Licence from Health Canada, Nanosonics plans to launch in the US and Canada in the first quarter of FY19, and believes these survey results demonstrate a strong opportunity for its trophon2 disinfection technology.

A2 Milk Company Ltd

The A2 Milk Company Ltd (ASX:A2M) share price jumped 9.89 per cent higher to close the week at $10.56. Despite receiving mixed reports from brokers recently, A2 Milk shares have been boosted as the sell-off that occurred after the negative broker note may have created a buying opportunity for bargain hunters looking for a long-term investment. Investment manager giant Blackrock took up a 5% stake in a2 Milk on 31 May 2018.

Sandfire Resources NL

The Sandfire Resources NL (ASX:SFR) share price jumped 9.3 per cent higher to close the week at $9.52. Sandfire shares were boosted by the announcement that it had reached an agreement with Talisman Mining Limited (ASX:TLM) to acquire Talisman’s 30% interest in the Springfield Exploration and Mining Joint Ventures in the Doolgunna region of WA.

The acquisition will give Sandfire 100% ownership of the Monty copper-gold deposit, located 10km from the DeGrussa Copper-Gold Mine including its 1.6Mtpa processing plant.
Talisman will receive approximately $72 million in cash plus an ongoing 1% Net Smelter Return (NSR) royalty on future discoveries at Springfield Joint Ventures. 

Here’s how you can strike it rich in the share market…

The best way to strike it rich in the share market is to buy shares that are not only cheap, but growing quickly.

Combining countless hours of research with over 30 years of hands-on stock market investing experience, The Capital Club’s founder Bruce Jackson has just published his definitive list of 3 Cheap and Good ASX Stocks for 2018.

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In this comprehensive free report, you’ll find the name of one ASX gold stock that’s not only profitable, but trading at less than 4 times forecast profits.

You’ll also discover the name of a company one fund manager has called the cheapest stock in the ASX 100, and you’ll read about the three catalysts that could push the share price higher in the next six months.

Finally, the report names one of the cheapest retailers trading on the ASX, a company that just picked up the assets of a distressed competitor on the cheap, paying just 2 times earnings. No wonder one top fund manager thinks its share price could at least double.

With the share prices of each of these 3 companies having the potential to double or more, you’ll want to act now. Simply click here or the button below, enter your email address, and this free report will be instantly sent to you.

See the 3 stocks

Contributors to this article may own shares in some of the companies mentioned in this article. The Capital Club has a thorough disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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Lauren Surplice is a keen follower of the stock market, investing in individual companies and funds. She follows the daily stock market news, covering the ASX stocks that are moving the markets. You can contact Lauren at laurens@thecapitalclub.com.au