Sociedad Química y Minera de Chile is one of many stocks the market is bullish on. Its expected double-digit top-line and bottom-line growth exceeds its peers, and its financially stable position lessens the chances of risk. If a buoyant growth prospect is what you’re after in your next investment, I’ve put together a list of high-growth stocks you may be interested in, based on the latest financial data from each company.
Sociedad Química y Minera de Chile S.A. (NYSE:SQM)
Sociedad Química y Minera de Chile S.A. produces and distributes specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, industrial chemicals, potassium, and other products and services. Formed in 1968, and headed by CEO Patricio de Solminihac Tampier, the company now has 4,921 employees and with the market cap of USD $13.24B, it falls under the large-cap group.
SQM’s forecasted bottom line growth is an optimistic double-digit 22.12%, driven by the underlying double-digit sales growth of 31.52% over the next few years. It appears that SQM’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a high double-digit return on equity of 29.83%. SQM 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 SQM? Have a browse through its key fundamentals here.
LiqTech International, Inc. (AMEX:LIQT)
LiqTech International, Inc., a clean technology company, provides technologies for gas and liquid purification by manufacturing ceramic silicon carbide filters. Founded in 2004, and currently run by Sune Mathiesen, the company employs 63 people and has a market cap of USD $47.31M, putting it in the small-cap stocks category.
Want to know more about LIQT? Check out its fundamental factors here.
Western Gas Partners, LP (NYSE:WES)
Western Gas Partners, LP acquires, develops, owns, and operates midstream energy assets in the Rocky Mountains, North-central Pennsylvania, and Texas. Western Gas Partners was established in 2007 and has a market cap of USD $7.87B, putting it in the mid-cap group.
WES is expected to deliver a buoyant earnings growth over the next couple of years of 28.63%, driven by a positive double-digit revenue growth of 34.18% and cost-cutting initiatives. 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. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 15.19%. WES ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Interested to learn more about WES? Have a browse through its key 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.