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Best High Growth NasdaqCM Stocks This Week

Bruce Howe

Looking to add potential meaningful upside to your portfolio, but unsure where to start? Stocks such as Carolina Financial and Eros International are considered to be high growth in terms of how much they’re expected to earn and return to shareholders, according to the market. Analysing the most recent financial data, I’ve created a list of companies that compare favourably in all criteria, making them potentially good additions to your portfolio.

Carolina Financial Corporation (NASDAQ:CARO)

Carolina Financial Corporation operates as a bank holding company for CresCom Bank that provides a range of commercial and retail banking financial services in South Carolina and North Carolina. Started in 1996, and run by CEO Jerold Rexroad, the company provides employment to 430 people and with the stock’s market cap sitting at USD $776.20M, it comes under the small-cap category.

CARO’s forecasted bottom line growth is an exceptional triple-digit, driven by the underlying 74.13% 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. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 11.76%. CARO’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? Check out its fundamental factors here.

NasdaqCM:CARO Future Profit Dec 20th 17

Eros International Plc (NYSE:EROS)

Eros International Plc, together with its subsidiaries, co-produces, acquires, and distributes Indian films in various formats worldwide. Formed in 1977, and currently run by Jyoti Deshpande, the company provides employment to 448 people and with the company’s market capitalisation at USD $599.85M, we can put it in the small-cap stocks category.

EROS’s forecasted bottom line growth is an exceptional triple-digit, driven by the underlying 62.64% sales growth over the next few years. It appears that EROS’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 positive return on equity of 5.48%. EROS’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Considering EROS as a potential investment? Other fundamental factors you should also consider can be found here.

NYSE:EROS Future Profit Dec 20th 17

Q2 Holdings, Inc. (NYSE:QTWO)

Q2 Holdings, Inc. provides cloud-based digital banking solutions to regional and community financial institutions (RCFIs) in the United States. Started in 2005, and run by CEO Matthew Flake, the company provides employment to 742 people and with the company’s market capitalisation at USD $1.58B, we can put it in the small-cap stocks category.

QTWO’s projected future profit growth is a robust 49.67%, with an underlying 54.25% 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 14.89%. QTWO ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Considering QTWO as a potential investment? Take a look at its other fundamentals here.

NYSE:QTWO Future Profit Dec 20th 17

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.