Analysts are bullish on these following companies: Midland States Bancorp, AAON, Ideal Power. These companies are relatively strong financially, and have a great outlook in terms of profits and cash flow. If your holdings could benefit from diversification towards growth stocks, whether it be in reputable tech stocks or green small-caps, take a look at my list of stocks with a bright future ahead.
Midland States Bancorp, Inc. (NASDAQ:MSBI)
Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides banking and financial products and services to individuals, businesses, municipalities, and other entities. Founded in 1881, and headed by CEO Leon Holschbach, the company provides employment to 840 people and with the company’s market cap sitting at USD $745.25M, it falls under the small-cap category.
MSBI’s forecasted bottom line growth is an exceptional 57.78%, driven by the underlying 61.46% sales growth over the next few years. It appears that MSBI’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 11.07%. MSBI ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Interested to learn more about MSBI? Have a browse through its key fundamentals here.
AAON, Inc. (NASDAQ:AAON)
AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. Established in 1987, and currently lead by Norman Asbjornson, the company provides employment to 1,991 people and with the company’s market cap sitting at USD $2.04B, it falls under the mid-cap category.
Driven by the positive double-digit sales growth of 28.79% over the next few years, AAON is expected to deliver an excellent earnings growth of 23.98%. It appears that AAON’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 return on equity coming in at a notable 22.10%. AAON’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. Interested to learn more about AAON? I recommend researching its fundamentals here.
Ideal Power Inc. (NASDAQ:IPWR)
Ideal Power Inc. develops power conversion solutions with a focus on commercial and industrial grid storage, combined solar and storage, and microgrid applications. Started in 2007, and currently lead by R. Brdar, the company currently employs 30 people and with the market cap of USD $15.96M, it falls under the small-cap stocks category.
Driven by exceptional sales, which is expected to more than double over the next few years, IPWR is expected to deliver an excellent earnings growth of 58.30%. It appears that IPWR’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. Moreover, the 67.64% 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. IPWR’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Should you add IPWR to your portfolio? 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.