Companies such as UQM Technologies and Spark Therapeutics have a significantly positive future outlook on the basis of their profitability and returns. Investors seeking to enhance their portfolio should consider these financially stable, high-growth stocks. 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.
UQM Technologies, Inc. (AMEX:UQM)
UQM Technologies, Inc., together with its subsidiaries, develops, manufactures, and sells electric motors, generators, power electronic controllers, and fuel cell compressors in the United states and internationally. Started in 1967, and currently headed by CEO Joseph Mitchell, the company currently employs 51 people and with the company’s market cap sitting at USD $59.01M, it falls under the small-cap category.
UQM is expected to deliver an extremely high earnings growth over the next couple of years of 60.33%, bolstered by a significant revenue which is expected to more than double. It appears that UQM’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. UQM 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 UQM? Take a look at its other fundamentals here.
Spark Therapeutics, Inc. (NASDAQ:ONCE)
Spark Therapeutics, Inc. focuses on the development of gene therapy products for patients suffering from debilitating genetic diseases. Established in 2013, and currently lead by Jeffrey Marrazzo, the company size now stands at 315 people and with the company’s market cap sitting at USD $2.85B, it falls under the mid-cap category.
ONCE is expected to deliver a buoyant earnings growth over the next couple of years of 31.93%, bolstered by a significant revenue which is expected to more than double. 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. Furthermore, the 32.78% growth in operating cash flows indicates that a good portion of this earnings increase is high-quality, day-to-day cash generated by the business, rather than one-offs. ONCE ticks the boxes for high-growth generation, which makes it an appealing stock to dig into deeper. Want to know more about ONCE? I recommend researching its fundamentals here.
SITO Mobile, Ltd. (NASDAQ:SITO)
SITO Mobile, Ltd. provides advertisement delivery, measurement and attribution, and consumer insights using its proprietary location-based marketing intelligence platform in the United States and Canada. Founded in 2000, and currently run by Thomas Pallack, the company employs 88 people and with the company’s market capitalisation at USD $94.94M, we can put it in the small-cap group.
An outstanding 76.97% earnings growth is forecasted for SITO, driven by the underlying 67.93% 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. SITO’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 SITO as a potential investment? Check out its fundamental factors here.
For more financially robust companies with high growth potential to enhance your portfolio, explore this interactive list of fast growing companies.
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.