Insights

Why Vulcan (ASX:VUL) and these ASX shares are smashing the market in 2021

Vulcan Energy Resources Ltd (ASX:VUL) and these ASX shares have been rocketing higher in 2021. Here’s why they are flying high…
The post Why Vulcan (ASX:VUL) and these ASX shares are smashing the market in 2021 appeared first on The Motley Fool Australia. –

A young man pointing up looking amazed, indicating a surging share price movement for an ASX company

While the S&P/ASX 200 Index (ASX: XJO) has started 2021 in a positive fashion, its modest gain is nothing in comparison to some that have been made this year.

Three ASX shares which are on fire in 2021 are listed below. Here’s what you need to know about them:

Brainchip Holdings Ltd (ASX: BRN)

The BrainChip share price has raced 48% higher since the start of 2021. This gain appears to be related to announcements late in the year that caught the eye of investors. The artificial intelligence technology company revealed that NASA has placed an order for its Akida Early Access Evaluation Kit. It also announced the signing of an intellectual property license agreement with Renesas Electronics America.

Pro Medicus Limited (ASX: PME)

The Pro Medicus share price is up almost 20% since the start of the year. Investors have been buying the health imaging software company’s shares this month after it announced another major new contract win. The company revealed that it has signed a seven-year contract worth $40 million with Salt Lake City based Intermountain Healthcare. The deal will see Pro Medicus’ Visage 7 Viewer and Visage 7 Open Archive products implemented across all of Intermountain’s radiology and subspecialty imaging departments. This deal represents the company’s fifth major contract win in the space of six months.

Vulcan Energy Resources Ltd (ASX: VUL)

The Vulcan share price has stormed a remarkable 250% higher since the start of 2021. Investors have been buying the lithium-focused mineral exploration company’s shares amid excitement around its Zero Carbon Lithium Project in the Upper Rhine Valley of Germany. Its Pre Feasibility Study (PFS) demonstrated strong potential to develop a cutting edge, combined renewable energy and lithium hydroxide project, in the centre of Europe, with net zero carbon footprint. Management believes its resource can satisfy Europe’s needs for the electric vehicle transition, from a zero-carbon source, for many years to come.

Where to invest $1,000 right now

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

See The 5 Stocks

*Returns as of June 30th

More reading

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Pro Medicus Ltd. The Motley Fool Australia has recommended Pro Medicus Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

The post Why Vulcan (ASX:VUL) and these ASX shares are smashing the market in 2021 appeared first on The Motley Fool Australia.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!