February Growth Stocks To Look Out For
Hi-P International 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. 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.
Hi-P International Limited (SGX:H17)
Hi-P International Limited operates as an integrated contract manufacturer serving the telecommunications, consumer electronics, computing and peripherals, and medical and industrial devices. The company was established in 1980 and with the market cap of SGD SGD1.58B, it falls under the small-cap category.
H17’s projected future profit growth is a robust 17.20%, with an underlying 36.20% growth from its revenues expected over the upcoming 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. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 21.63%. H17 ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Should you add H17 to your portfolio? Take a look at its other fundamentals here.
Roxy-Pacific Holdings Limited (SGX:E8Z)
Roxy-Pacific Holdings Limited, an investment holding company, develops and sells residential and commercial properties in Singapore. Roxy-Pacific Holdings was established in 1967 and with the company’s market cap sitting at SGD SGD673.61M, it falls under the small-cap group.
E8Z’s projected future profit growth is a robust 40.86%, with an underlying 28.51% growth from its revenues expected over the upcoming years. It appears that E8Z’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 11.35%. E8Z’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. A potential addition to your portfolio? Check out its fundamental factors here.
AEM Holdings Ltd (SGX:AWX)
AEM Holdings Ltd, an investment holding company, provides solutions in equipment systems; and precision components and related manufacturing services for various industries. AEM Holdings is headed by CEO Lew Siang Cher. With the stock’s market cap sitting at SGD SGD373.16M, it falls under the small-cap category
Driven by the positive double-digit sales growth of 44.44% over the next few years, AWX is expected to deliver an excellent earnings growth of 26.47%. 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 47.91%. AWX’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. Considering AWX as a potential investment? 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.
