Financially Strong And High Growth Stocks
Looking to add potential meaningful upside to your portfolio, but unsure where to start? Stocks such as Visa and Chicken Soup for the Soul Entertainment are considered to be high growth in terms of how much they’re expected to earn and return to shareholders, according to the market. Below I’ve put together a list of great potential investments for you to consider adding to your portfolio if growth is a dimension you would like to firm up.
Visa Inc. (NYSE:V)
Visa Inc. operates as a payments technology company worldwide. Founded in 2007, and now run by Alfred Kelly, the company size now stands at 14,200 people and with the company’s market cap sitting at USD $278.06B, it falls under the large-cap stocks category.
Driven by the positive double-digit sales growth of 21.36% over the next few years, V is expected to deliver an excellent earnings growth of 20.93%. 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 33.14%. V’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Want to know more about V? I recommend researching its fundamentals here.
Chicken Soup for the Soul Entertainment, Inc. (NASDAQ:CSSE)
Chicken Soup for the Soul Entertainment, Inc. Chicken Soup for the Soul Entertainment was formed in 2014 and with the company’s market capitalisation at USD $120.22M, we can put it in the small-cap group.
Driven by exceptional sales, which is expected to more than double over the next few years, CSSE is expected to deliver an excellent earnings growth of 66.43%. It appears that CSSE’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. CSSE’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? Take a look at its other fundamentals here.
Callon Petroleum Company (NYSE:CPE)
Callon Petroleum Company Inc., an independent oil and natural gas company, acquires, explores for, develops, and produces oil and natural gas properties in the Permian Basin in West Texas. Established in 1950, and currently run by Joseph Gatto, the company size now stands at 121 people and with the stock’s market cap sitting at USD $2.54B, it comes under the mid-cap category.
CPE is expected to deliver a buoyant earnings growth over the next couple of years of 25.96%, bolstered by an equally impressive revenue growth. 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 positive return on equity of 9.89%. CPE 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 CPE? I recommend researching its 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.
