Best-In-Class Growth Stocks
Looking to add potential meaningful upside to your portfolio, but unsure where to start? Stocks such as Alamos Gold and Brick Brewing are considered to be high growth in terms of how much they’re expected to earn and return to shareholders, according to the market. I would suggest taking a look at my list of companies that compare favourably in all criteria, and consider whether they would add value to your current portfolio.
Alamos Gold Inc. (TSX:AGI)
Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. The company currently employs 1300 people and with the market cap of CAD CA$2.45B, it falls under the mid-cap category.
Extreme optimism for AGI, as market analysts projected an outstanding earnings growth, which is expected to more than double, supported by a double-digit sales growth of 31.40%. Although reduction in cost is not the most sustainable operational activity, the expanding top-line growth, on the other hand, is encouraging. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 5.63%. AGI’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.
Brick Brewing Co. Limited (TSX:BRB)
Brick Brewing Co. Limited produces, sells, markets, and distributes packaged and draft premium beer under the Waterloo brand; and value beer under the Laker, Red Baron, Red Cap, and Formosa brands in Canada and the United States. Founded in 1984, and run by CEO George Croft, the company size now stands at 144 people and with the company’s market capitalisation at CAD CA$118.77M, we can put it in the small-cap group.
BRB’s forecasted bottom line growth is an optimistic 49.02%, driven by the underlying double-digit sales growth of 24.35% over the next few years. Although reduction in cost is not the most sustainable operational activity, the expanding top-line growth, on the other hand, is encouraging. BRB ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper.
Thinking of investing in BRB? I recommend researching its fundamentals here.
Pollard Banknote Limited (TSX:PBL)
Pollard Banknote Limited, together with its subsidiaries, develops, manufactures, and sells lottery and charitable gaming products worldwide. Founded in 1907, and now led by CEO John Pollard, the company provides employment to 1,157 people and with the market cap of CAD CA$340.90M, it falls under the small-cap group.
PBL’s forecasted bottom line growth is an optimistic 22.32%, driven by the underlying double-digit sales growth of 27.37% over the next few years. An affirming signal is when net income increase also comes with top-line growth. Even though some cost-reduction initiatives may have also pushed up margins, in the case of PBL, it does not appear too severe. PBL’s impressive outlook on all aspects makes it a worthy company to spend more time to understand.
Considering PBL as a potential investment? Have a browse through its key fundamentals 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.
