Finding ASX shares that can make you a fortune in just 5 years is every investor’s dream. Investing in that one knockout winner can make a life-changing impact on your portfolio and your personal wealth. Of course, the ASX boards are littered with the broken dreams of those investors who’ve made the wrong bets. We can’t all find the next Amazon.com.

But we can take a look at some past ASX winners that made their investors very rich over the past 5 years.

CSL Limited (ASX: CSL)

CSL is one of those rare shares that has made an absolute motza for its investors over the past 5 years, despite its size and blue chip status. Five years ago, CSL shares were trading at $87.40 each. Fast forward to today and CSL shares will set you back $286.22 (at the time of writing). That’s a 227% gain in 5 years.

Xero Limited (ASX: XRO)

Xero has been another ASX fortune maker over the past 5 years. This cloud-based accounting software provider was a slow burner in its infancy but has really stepped on the gas over the past few years, as its scalable business model works its magic. Five years ago, Xero shares were asking just $17.06. Today, those same shares will set you back $88.39. That’s more than 400% in gains that investors have enjoyed since 2015.

Northern Star Resources Ltd (ASX: NST)

It’s not often that ASX gold miners are cited as favoured money makers, but ask any Northern Star shareholder for their opinion on the matter. This mid-cap miner’s shares have spent the past 5 years rocketing from $2.28 in 2015 to $13.20 today. If you go back another 5 years to 2010, Northern Star was just 6 cents per share. Who said that gold doesn’t glitter! Any lucky shareholder that acquired Northern Star ownership in 2015 would be looking at nearly a 480% gain today. And for anyone who got in back in 2010? Hello 22,000%.

Afterpay Ltd (ASX: APT)

Afterpay’s phenomenal success would probably be familiar to every ASX investor by now. After all, this buy now, pay later pioneer is a share that is up more than 35% in just the last month alone. But what of those long-term investors in Afterpay? Well, back in 2015, you could have picked up Afterpay shares for just $2.95. Fast forward to today and Afterpay is making yet more record highs, going for $57.34 at the time of writing. That’s a 1,844% return since 2015. Talk about a fortune maker!

Fortescue Metals Group Limited (ASX: FMG)

Much like CSL, this ASX blue chip iron miner doesn’t immediately come to mind as a ‘multi-bagger‘ share. Yet this company’s numbers tell a different story. Back in 2015, you could have picked up some Fortescue shares for just $2.16. Today, those same shares will set you back $14.61 – netting any lucky buyer in 2015 a 576% increase in their fortune. Not bad for a red dirt digger.

More reading

• Why I think Bellevue shares are ‘gold’ for your portfolio
• Why I think Xero shares are a great long-term buy
• Is the CSL share price a buy right now?
• ASX 200 down 0.1%: Carsales update impresses, a2 Milk surges higher
• 3 reasons to buy ASX 200 shares right now

Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of CSL Ltd. and Xero. The Motley Fool Australia owns shares of AFTERPAY T FPO. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. 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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Warren Buffett’s famous No.1 rule is “never lose money”. Clearly this is sage advice, however, I have always tempered this rule with “focus on things that will make you money”. I think Bellevue Gold Ltd (ASX: BGL) shares are one of the ASX companies likely to make you money.

And I’m happy to have a small stake in the company. 

I think Bellevue shares are a great growth opportunity in the gold mining sector as well as one of the best opportunities in mining shares.

Why Bellevue shares?

The company recently announced it has intersected high-grade gold 7.4km north of its Bellevue Gold Project in WA. This is in addition to the already estimated 2.2 Moz gold resources at an average grade of 11.3 grams per tonne. The mine is a proven, gold-rich resource that has been mined for over 100 years.

While 11 grams in a tonne may sound small, it is very large in relation to the grade of many mining sites. It also has existing infrastructure and has reserves at lower depths than comparable gold operations in Australia. All of these factors point to a rich operation with very low operating costs.

A combination of factors that make it likely to earn you money.

Over the past decade, I profited from investing in Northern Star Resources Ltd (ASX: NST) as it doubled its share price again and again. I have been most impressed that Bellevue has attracted significant talent from Northern Star -people who have already taken a small gold mining company into a major gold company at a global level. 

These include former Northern Star Mine Manager, Mr Craig Jones as the COO of Bellevue. As well as Mr Luke Gleeson as Head of Corporate Development.

Why Gold

Good gold mining companies regularly return good capital growth to their investors. This happens when the gold price is up, down, or flat. Right now the gold price is at historically high levels. When equities are falling or flat the shares in gold miners tend to rise. 

Added to this is the impact of infinite quantitative easing, in particular, in the US  but also in Australia to a lesser extent. In summary, this injects large amounts of liquidity into the markets. The combination of higher amounts of cash, low-interest rates and escalating uncertainty is likely to hold gold prices high.

Foolish takeaway

Bellevue is one of the country’s richest gold resources at a high grade and I think it has a strong chance to make you money. A combination of factors is likely to make this a low-cost operation at a time when the gold price is high. Even if the gold price falls this deposit is still very profitable. 

More reading

• 5 ASX shares that would’ve made you a fortune in 5 years
• Gold mining shares – these are the facts and myths
• ASX winners and losers from last week
• 5 things to watch on the ASX 200 on Monday
• Keep a watch on these 3 ASX trends next week

Motley Fool contributor Daryl Mather owns shares of Bellevue Gold Ltd. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. 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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The Super Retail Group Ltd (ASX: SUL) share price has seen solid gains over the past 2 days after the company successfully completed its equity raising.  

After returning from its trading halt yesterday morning, the Super Retail share price jumped around 8% higher, and today has continued its upwards trend. At the time of writing, the Super Retail share price is up by another 1.98% to $8.75 per share.

Although the retail sector is struggling, Super Retail has managed to effectively navigate the coronavirus pandemic and could emerge stronger as consumer demand changes.

A closer look at Super Retail

Despite the underwhelming performance of most retailers during the coronavirus pandemic, there have been some bucking the trend. Super Retail serves as an example of a traditional retailer that has found renewed hope during Australia’s lockdown period.

The group – which owns prominent retail outlets such as Supercheap Auto, BCF and Rebel – recently completed a $203 million equity raising to fuel its strategy and growth initiatives. The fresh capital is intended to finance the company’s omni-channel business strategy.

Super Retail’s strategy is focused on growing its core brands and services to match changing consumer demand. Part of this includes investing in online and e-commerce programs, while also simplifying the company’s business model.  

Despite reporting a 26.2% decline in group sales for April, Super Retail reported a strong rebound in May with group sales increasing 26.5% on the prior corresponding period. In addition, the company saw a strong shift to e-commerce, with online sales increasing 126.2% during April and May in comparison to the prior corresponding period.

How is consumer behaviour changing?

Super Retail is also poised to benefit from a range of changing consumer behaviours following the coronavirus lockdown. With elite and community sports returning, the group’s sporting outlets like Rebel Sport could see renewed demand. This segment already experienced a surge in demand during the lockdown period as the shutdown of gyms drove consumers to stock up on home fitness gear.

In addition, with overseas holidays effectively cancelled in the short term, families and travellers could focus on more local activities. As a result, recreational activities like boating, camping and fishing pursuits could see renewed interest. The shift to online and digital commerce could also benefit Super Retail as the company looks to improve its click-and-collect services.  

Should you buy Super Retail shares?

Despite being one of the most shorted shares on the ASX, the Super Retail share price has surged more than 170% from its mid-March lows. Analysts from lead broker Morgans recently upgraded Super Retail to an ‘add’ rating. Analysts cited the group’s resilience during the coronavirus pandemic and changing consumer themes that could benefit the company. As a result, the broker slapped a $9.25 share price target for Super Retail.

Although analysts paint an optimistic outlook for Super Retail, the company is by no means out of the woods as yet. I think a prudent strategy would be to keep Super Retail on a watchlist to see if the company’s strategy plays out.  

More reading

• Top brokers just upgraded these ASX 200 shares today
• Why Afterpay, Super Retail, Uniti, & Viva Energy are charging higher
• ASX 200 jumps 3%: CBA rebounds, Afterpay hits a new record high
• ASX 200 falls 2%, ASX travel shares drop heavily
• ASX 200 down 0.3%: Big four banks mixed & Healius rockets on medical centre sale

Motley Fool contributor Nikhil Gangaram has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Super Retail Group Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. 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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