Discovering Hidden Gems in the US Stock Market September 2024

In this article:

The market has experienced a 1.2% increase over the last week and is up an impressive 30% over the past year, with earnings projected to grow by 15% annually in the coming years. In this thriving environment, identifying stocks with solid fundamentals and growth potential can uncover hidden gems that offer significant opportunities for investors.

Top 10 Undiscovered Gems With Strong Fundamentals In The United States

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Morris State Bancshares

10.20%

-0.28%

6.97%

★★★★★★

Mission Bancorp

25.37%

16.23%

20.16%

★★★★★★

Teekay

NA

-6.48%

55.79%

★★★★★★

First Northern Community Bancorp

NA

7.12%

10.04%

★★★★★★

Omega Flex

NA

1.31%

3.88%

★★★★★★

Banco Latinoamericano de Comercio Exterior S. A

311.64%

21.07%

24.77%

★★★★★☆

Valhi

38.71%

2.57%

-19.76%

★★★★★☆

Tiptree

68.59%

20.55%

20.06%

★★★★★☆

FRMO

0.17%

12.99%

23.62%

★★★★☆☆

AMTD Digital

26.12%

9.22%

33.48%

★★★★☆☆

Click here to see the full list of 209 stocks from our US Undiscovered Gems With Strong Fundamentals screener.

Let's review some notable picks from our screened stocks.

SBC Medical Group Holdings

Simply Wall St Value Rating: ★★★★★☆

Overview: SBC Medical Group Holdings Incorporated provides health care services and has a market cap of $560.55 million.

Operations: SBC generates revenue primarily from patient services and medical treatments. The company's net profit margin is 12.5%.

SBC Medical Group Holdings has shown impressive growth, with earnings surging 164% over the past year, outpacing the Healthcare industry’s 8%. The company repurchased shares in 2024 and trades at a significant discount, about 94.8% below its estimated fair value. Recently added to the NASDAQ Composite Index, SBC boasts high-quality earnings and positive free cash flow of US$64.23 million as of June 2024.

NasdaqGM:SBC Earnings and Revenue Growth as at Sep 2024
NasdaqGM:SBC Earnings and Revenue Growth as at Sep 2024

Centrus Energy

Simply Wall St Value Rating: ★★★★★☆

Overview: Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in various countries, including the United States, Belgium, and Japan, with a market cap of $732.76 million.

Operations: Centrus Energy generates revenue primarily from its Low-Enriched Uranium (LEU) segment, contributing $320.80 million, and Technical Solutions segment, adding $71.80 million.

Centrus Energy has shown impressive growth, with earnings surging 164.9% over the past year, outpacing the Oil and Gas industry. Trading at 68.4% below its estimated fair value, it offers significant upside potential. The company reported second-quarter revenue of US$189 million, a notable increase from US$98.4 million last year, and net income of US$30.6 million compared to US$12.7 million previously. Recent board additions include Stephanie O'Sullivan and Ray Rothrock, enhancing leadership depth.

NYSEAM:LEU Debt to Equity as at Sep 2024
NYSEAM:LEU Debt to Equity as at Sep 2024

Worthington Steel

Simply Wall St Value Rating: ★★★★★☆

Overview: Worthington Steel, Inc. operates as a steel processor in North America with a market cap of $1.82 billion (NYSE:WS).

Operations: The company generates revenue primarily from its Metal Processors and Fabrication segment, amounting to $3.43 billion.

Worthington Steel has shown impressive earnings growth of 77.6% over the past year, significantly outpacing the -22.5% decline in the Metals and Mining industry. Their net debt to equity ratio stands at a satisfactory 9.6%, and interest payments are well covered by EBIT at 35.9x coverage. Despite a slight drop in Q4 net income to US$53.2 million from US$67.3 million last year, full-year net income rose to US$154.7 million from US$87.1 million, indicating robust financial health and high-quality earnings.

NYSE:WS Debt to Equity as at Sep 2024
NYSE:WS Debt to Equity as at Sep 2024

Turning Ideas Into Actions

Ready For A Different Approach?

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NasdaqGM:SBC NYSEAM:LEU and NYSE:WS.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Advertisement