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December Top Growth Stocks To Look Out For

Saundra Reilly

Stocks that are expected to significantly grow their profitability in the future can add meaningful upside to your portfolio. AxoGen and Select Bancorp are examples of many high-growth stocks that the market believe will be upcoming outperformers. The list I’ve put together below are of stocks that compare favourably on all criteria, which potentially makes them a good investment if you believe the growth has not already been reflected in the share price.

AxoGen, Inc. (NASDAQ:AXGN)

AxoGen, Inc. provides surgical solutions for peripheral nerve injuries. The company now has 142 employees and with the stock’s market cap sitting at USD $937.58M, it comes under the small-cap group.

Extreme optimism for AXGN, as market analysts projected an outstanding earnings growth rate of 68.44% for the stock, supported by an equally strong sales growth of 95.94%. It appears that AXGN’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 positive return on equity of 5.04%. AXGN 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 AXGN? Check out its fundamental factors here.

NasdaqCM:AXGN Future Profit Dec 18th 17
NasdaqCM:AXGN Future Profit Dec 18th 17

Select Bancorp, Inc. (NASDAQ:SLCT)

Select Bancorp, Inc. operates as the bank holding company for Select Bank & Trust Company that provides banking services to individuals and small to medium-sized businesses primarily in central and eastern North Carolina. Started in 2000, and now run by William Hedgepeth, the company size now stands at 150 people and with the company’s market cap sitting at USD $142.63M, it falls under the small-cap stocks category.

Could this stock be your next pick? Have a browse through its key fundamentals here.

NasdaqGM:SLCT Future Profit Dec 18th 17
NasdaqGM:SLCT Future Profit Dec 18th 17

First Foundation Inc. (NASDAQ:FFWM)

First Foundation Inc., through its subsidiaries, provides personalized financial services to individuals, businesses, and other organizations in the United States. Formed in 1990, and currently headed by CEO Scott Kavanaugh, the company provides employment to 335 people and with the stock’s market cap sitting at USD $707.62M, it comes under the small-cap category.

An outstanding 78.79% earnings growth is forecasted for FFWM, driven by the underlying 56.29% sales growth over the next few years. Profit growth, coupled with top-line expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 12.25%. FFWM’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Could this stock be your next pick? Check out its fundamental factors here.

NasdaqGM:FFWM Future Profit Dec 18th 17
NasdaqGM:FFWM Future Profit Dec 18th 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.