has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now. Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. 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.* When investing expert Scott Phillips has a stock tip, it can pay to listen. Wondering where you should invest $1,000 right now? These results have exceeded the company’s expectations. This morning the energy company revealed that the Walyering-5 (W5) well has confirmed the presence of a high-quality, low CO2, conventional gas accumulation at the suspended Walyering gas field within the Perth Basin. The Strike Energy share price has jumped 13% to 17 cents. It isn’t just Silver Lake rising, the S&P/ASX All Ordinaries Gold index is up 2% at the time of writing. This was driven by increased demand for safe haven assets following a selloff in the tech sector. Investors have been buying this gold miner’s shares amid a rise in the gold price on Friday night. The Silver Lake share price is up over 5% to $1.62. Metcash also revealed that the second half has started strongly. For the six months ended 31 October, Metcash reported a 1.3% increase in revenue to $7.2 billion and underlying profit after tax growth of 13.1% to $146.6 million. Investors have been buying this wholesale distributor’s shares following the release of a strong half year result. The Metcash share price is up 6% to $4.19. The good news is that some, or even all, of these funds are likely to be returned to shareholders. This follows news that the building products company has signed an agreement to sell its US fly ash business for US$755 million (~A$1 billion). The Boral share price is up 2.5% to $6.32. Here’s why they are pushing higher: Boral Limited (ASX: BLD) In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has bounced back from its intraday lows and is trading just a fraction lower. At the time of writing, the benchmark index is down slightly to 7,238.2 points.įour ASX shares that are not letting that hold them back are listed below.

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