Want to add more growth to your portfolio but not sure where to look? Companies such as Xilinx and Teradyne are deemed high-growth by the market, with a positive outlook in all areas – returns, profitability and cash flows. 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.
Xilinx, Inc. (NASDAQ:XLNX)
Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Formed in 1984, and headed by CEO Moshe Gavrielov, the company currently employs 3,831 people and with the market cap of USD $18.33B, it falls under the large-cap category.
XLNX’s projected future profit growth is a robust 24.06%, with an underlying 14.37% 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 30.21%. XLNX ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Could this stock be your next pick? I recommend researching its fundamentals here.
Teradyne, Inc. (NYSE:TER)
Teradyne, Inc. designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Formed in 1960, and currently headed by CEO Mark Jagiela, the company size now stands at 4,500 people and with the company’s market cap sitting at USD $9.36B, it falls under the mid-cap category.
TER’s projected future profit growth is a robust 25.50%, with an underlying 14.83% 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 high double-digit return on equity of 40.20%. TER’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. Thinking of investing in TER? Other fundamental factors you should also consider can be found here.
comScore, Inc. (OTCPK:SCOR)
comScore, Inc. operates as a cross-platform measurement company that measures audiences, brands, and consumer behavior worldwide. Formed in 1999, and currently headed by CEO William Livek, the company provides employment to 1,292 people and with the company’s market cap sitting at USD $1.36B, it falls under the small-cap category.
SCOR’s projected future profit growth is a robust 33.71%, with an underlying 65.34% growth from its revenues expected over the upcoming years. It appears that SCOR’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. Moreover, the 68.19% growth in operating cash flows shows that a decent part of earnings is driven by robust cash generation from operational activities, not one-off or non-core activities. SCOR’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Want to know more about SCOR? Check out its fundamental factors 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.