Top Growth Stocks To Buy
Analysts are bullish on these following companies: Solium Capital, BlackPearl Resources, Caledonia Mining. These companies are relatively strong financially, and have a great outlook in terms of profits and cash flow. 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.
Solium Capital Inc. (TSX:SUM)
Solium Capital Inc. provides cloud-enabled services for administration, financial reporting, and compliance related to equity-based incentive plans in Canada, the United States, and internationally. Founded in 1999, and headed by CEO Marcos Lopez, the company provides employment to 677 people and with the company’s market cap sitting at CAD CA$567.63M, it falls under the small-cap stocks category.
An outstanding 65.99% earnings growth is forecasted for SUM, driven by an underlying sales growth of 40.21% over the next few years. An affirming signal is when net income increase also comes with top-line growth. Even though some cost-reduction initiatives may have also pushed up margins, in the case of SUM, it does not appear extreme. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 6.80%. SUM’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. A potential addition to your portfolio? Take a look at its other fundamentals here.
BlackPearl Resources Inc. (TSX:PXX)
BlackPearl Resources Inc. engages in the acquisition, exploration, development, and production of heavy crude oil, bitumen, and natural gas in Canada. Started in 1984, and run by CEO John Festival, the company size now stands at 42 people and with the market cap of CAD CA$450.93M, it falls under the small-cap category.
PXX’s projected future profit growth is a robust 44.64%, with an equally impressive underlying 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 positive return on equity of 5.32%. PXX’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Interested to learn more about PXX? Have a browse through its key fundamentals here.
Caledonia Mining Corporation Plc (TSX:CAL)
Caledonia Mining Corporation Plc primarily engages in the exploration and development of gold properties. Caledonia Mining was established in 1992 and has a market cap of CAD CA$120.13M, putting it in the small-cap group.
CAL’s projected future profit growth is a robust 29.77%, with an underlying 18.14% 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. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 18.40%. CAL’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Could this stock be your next pick? Take a look at its other fundamentals 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.
