Antero Midstream Partners And Other High Growth Stocks
Investors seeking to increase their exposure to growth should consider companies such as Antero Midstream Partners and Telenav. Analysts are generally optimistic about the future of these stocks, based on how much they’re expected to earn and return. If your holdings could benefit from diversification towards growth stocks, whether it be in reputable tech stocks or green small-caps, take a look at my list of stocks with a bright future ahead.
Antero Midstream Partners LP (NYSE:AM)
Antero Midstream Partners LP owns, operates, and develops midstream energy assets. Antero Midstream Partners was formed in 2013 and with the company’s market cap sitting at USD $5.92B, it falls under the mid-cap stocks category.
Extreme optimism for AM, as market analysts projected an outstanding earnings growth rate of 30.77% for the stock, supported by a double-digit sales growth of 40.23%. An affirming signal is when net income increase is supported by top-line growth. Since net income isn’t artificially inflated by one-off initiatives such as cost-cutting, we know this profit growth is more likely to be sustainable. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a high double-digit return on equity of 24.71%. AM’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. Could this stock be your next pick? Have a browse through its key fundamentals here.
Telenav, Inc. (NASDAQ:TNAV)
Telenav, Inc., together with its subsidiaries provides connected car and location-based platform services in the United States and internationally. The company now has 746 employees and has a market cap of USD $248.15M, putting it in the small-cap category.
An outstanding 89.85% earnings growth is forecasted for TNAV, driven by the underlying 77.38% sales growth over the next few years. An affirming signal is when net income increase is supported by top-line growth. Since net income isn’t artificially inflated by one-off initiatives such as cost-cutting, we know this profit growth is more likely to be sustainable. TNAV’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. Interested to learn more about TNAV? I recommend researching its fundamentals here.
Diamondback Energy, Inc. (NASDAQ:FANG)
Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of onshore oil and natural gas reserves in the Permian Basin in West Texas. Established in 2007, and currently headed by CEO Travis Stice, the company currently employs 158 people and with the company’s market capitalisation at USD $12.52B, we can put it in the large-cap category.
FANG’s projected future profit growth is a robust 23.37%, with an equally impressive underlying growth from its revenues expected over the upcoming years. An affirming signal is when net income increase is supported by top-line growth. Since net income isn’t artificially inflated by one-off initiatives such as cost-cutting, we know this profit growth is more likely to be sustainable. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 12.96%. FANG ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. A potential addition to your portfolio? Other fundamental factors you should also consider can be found here.
For more financially robust companies with high growth potential to enhance your portfolio, use our free platform to explore our interactive list of these stocks.
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.
