Yahoo Finance Top Growth Stocks To Buy Now
Companies that have significant growth prospects for profitability and returns can add tangible upside to your portfolio. Marlowe and Kenmare Resources are examples of many potential outperformers that analysts are bullish on. 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.
Marlowe plc (AIM:MRL)
Marlowe plc provides fire and security, and water treatment services in the United Kingdom. Founded in 2006, and run by CEO Alex Dacre, the company now has 950 employees and has a market cap of GBP £143.59M, putting it in the small-cap category.
MRL’s projected future profit growth is a robust 45.83%, with an underlying 29.31% growth from its revenues expected over the upcoming years. Though some cost-cutting activities may artificially inflate margins, it appears that this isn’t solely the case here, as profit growth is also coupled with high top-line expansion. Moreover, the substantial growth of over 100% 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. MRL’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Thinking of investing in MRL? Take a look at its other fundamentals here.
Kenmare Resources plc (LSE:KMR)
Kenmare Resources plc, together with its subsidiaries, operates as a mining company primarily in Europe, Asia, the United States, and internationally. Established in 1972, and run by CEO Michael Carvill, the company employs 1,324 people and has a market cap of GBP £250.99M, putting it in the small-cap category.
KMR is expected to deliver a buoyant earnings growth over the next couple of years of 33.67%, driven by a positive double-digit revenue growth of 29.83% and cost-cutting initiatives. 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 6.00%. KMR ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Should you add KMR to your portfolio? Have a browse through its key fundamentals here.
ClearStar, Inc. (AIM:CLSU)
ClearStar, Inc. provides technology and services to the background check industry, supporting background screening companies, employers, and employees with their recruitment and employment application decisions. Started in 1995, and run by CEO Robert Vale, the company now has 55 employees and with the company’s market capitalisation at GBP £19.42M, we can put it in the small-cap stocks category.
CLSU is expected to deliver a triple-digit high earnings growth over the next couple of years, driven by a positive double-digit revenue growth of 24.53% and cost-cutting initiatives. Though some cost-cutting activities may artificially inflate margins, it appears that this isn’t solely the case here, as profit growth is also coupled with high top-line expansion. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 3.00%. CLSU’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Want to know more about CLSU? 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.
