Yahoo Finance Financially Sounds Stocks Poised For High Growth
Analysts are bullish on these following companies: Bass Metals, ImpediMed, Smartgroup. These companies are relatively strong financially, and have a great outlook in terms of profits and cash flow. Whether it be a well-known tech stock or a risky small-cap, I believe diversification towards growth can add value to your current holdings. Below I’ve compiled a list of stocks with a bright future ahead.
Bass Metals Limited (ASX:BSM)
Bass Metals Limited engages in graphite mining. The company employs 130 people and with the market cap of AUD A$73.61M, it falls under the small-cap group.
BSM’s forecasted bottom line growth is an exceptional 77.77%, driven by underlying sales, which is expected to more than double, over the next few years. It appears that BSM’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. BSM ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Interested to learn more about BSM? I recommend researching its fundamentals here.
ImpediMed Limited (ASX:IPD)
ImpediMed Limited, together with its subsidiaries, engages in the development, manufacture, and sale of bioimpedance devices and consumables in Australia, North America, Europe, and internationally. Formed in 1999, and now led by CEO Richard Carreon, the company currently employs 76 people and with the company’s market cap sitting at AUD A$159.18M, it falls under the small-cap stocks category.
Driven by exceptional sales, which is expected to more than double over the next few years, IPD is expected to deliver an excellent earnings growth of 72.31%. It appears that IPD’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. Moreover, the 45.95% growth in operating cash flows shows that a decent part of earnings is driven by robust cash generation from operational activities, not one-off or non-core activities. IPD ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Thinking of investing in IPD? Check out its fundamental factors here.
Smartgroup Corporation Ltd (ASX:SIQ)
Smartgroup Corporation Ltd provides specialist employee management services to government, health, and corporate sectors in Australia. Formed in 1999, and now run by Deven Billimoria, the company employs 706 people and with the stock’s market cap sitting at AUD A$1.49B, it comes under the small-cap group.
SIQ’s forecasted bottom line growth is an optimistic double-digit 20.35%, driven by the underlying double-digit sales growth of 25.22% over the next few years. It appears that SIQ’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 30.54%. SIQ’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. Considering SIQ as a potential investment? I recommend researching its fundamentals here.
For more financially robust companies with high growth potential to enhance your portfolio, explore this interactive list of fast growing companies.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
