Undiscovered Gems Three Promising Stocks to Watch in September 2024
Over the last 7 days, the United States market has remained flat, yet it is up 22% over the past year with earnings forecasted to grow by 15% annually. In this environment, identifying promising stocks requires a keen eye for companies that show strong potential for growth and resilience.
Top 5 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% | ★★★★★★ |
Teekay | NA | -6.48% | 55.79% | ★★★★★★ |
Mission Bancorp | 25.37% | 16.23% | 20.16% | ★★★★★★ |
Omega Flex | NA | 1.31% | 3.88% | ★★★★★★ |
First Northern Community Bancorp | NA | 7.12% | 10.04% | ★★★★★★ |
Dril-Quip | NA | 1.06% | 19.11% | ★★★★★★ |
First National Bank Alaska | 221.06% | 2.98% | 1.82% | ★★★★★☆ |
Banco Latinoamericano de Comercio Exterior S. A | 311.64% | 21.07% | 24.77% | ★★★★★☆ |
Valhi | 38.71% | 2.57% | -19.76% | ★★★★★☆ |
Innovex International | 12.24% | 18.91% | 15.98% | ★★★★★☆ |
FRMO | 0.17% | 12.99% | 23.62% | ★★★★☆☆ |
Let's uncover some gems from our specialized screener.
Karooooo
Simply Wall St Value Rating: ★★★★★★
Overview: Karooooo Ltd. offers a mobility software-as-a-service (SaaS) platform for connected vehicles across multiple regions including South Africa, the rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States with a market cap of $1.15 billion.
Operations: Karooooo Ltd.'s primary revenue streams are derived from its Cartrack segment (ZAR 3.74 billion) and Karooooo Logistics (ZAR 355.99 million). The company shows a market cap of $1.15 billion.
Karooooo Ltd. has shown impressive growth, with earnings increasing by 33.5% over the past year, significantly outpacing the software industry's 23.9%. The company's debt to equity ratio improved from 21.7% to 3% over five years, indicating better financial health. Trading at a value 43.1% below its estimated fair value and repurchasing shares worth US$1.45 million in recent months, Karooooo seems well-positioned for future growth despite recent volatility in its share price.
Navigate through the intricacies of Karooooo with our comprehensive health report here.
Assess Karooooo's past performance with our detailed historical performance reports.
Limbach Holdings
Simply Wall St Value Rating: ★★★★★★
Overview: Limbach Holdings, Inc. operates as a building systems solution company in the United States and has a market cap of $772.77 million.
Operations: Limbach generates revenue from two primary segments: Owner Direct Relationships (ODR) contributing $301.47 million and General Contractor Relationships (GCR) contributing $210.20 million.
Limbach Holdings, with earnings growth of 64.9% over the past year, trades at 43.7% below its estimated fair value. The company’s debt to equity ratio has improved significantly from 88% to 7.2% in five years and it now holds more cash than total debt. Recent earnings reports show net income of US$5.96 million for Q2, up from US$5.32 million a year ago, while full-year revenue is projected between US$515 million and US$535 million.
Powell Industries
Simply Wall St Value Rating: ★★★★★★
Overview: Powell Industries, Inc., along with its subsidiaries, designs, develops, manufactures, sells, and services custom-engineered equipment and systems with a market cap of $1.95 billion.
Operations: Powell Industries generates its revenue primarily from the Electric Equipment segment, which accounted for $945.93 million. The company's market cap stands at approximately $1.95 billion.
Powell Industries has shown impressive growth, with earnings surging by 253.6% over the past year, outpacing the Electrical industry’s 2.1%. Trading at a price-to-earnings ratio of 15x, it offers good value compared to the US market average of 17.5x. The company reported third-quarter sales of US$288.17 million and net income of US$46.22 million, both significantly higher than last year's figures. Despite its recent volatility and insider selling, Powell remains debt-free and free cash flow positive.
Unlock comprehensive insights into our analysis of Powell Industries stock in this health report.
Gain insights into Powell Industries' past trends and performance with our Past report.
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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 NasdaqCM:KARO NasdaqCM:LMB and NasdaqGS:POWL.
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