Undiscovered Gems in United States for September 2024

In This Article:

Over the last 7 days, the market has dropped 2.7%, yet it remains up 21% over the past year with earnings forecasted to grow by 15% annually. In this dynamic environment, identifying stocks with strong fundamentals and growth potential can uncover hidden 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%

★★★★★★

River Financial

122.41%

16.43%

18.50%

★★★★★★

First Ottawa Bancshares

85.49%

7.25%

25.81%

★★★★★★

Teekay

NA

-6.48%

55.79%

★★★★★★

Mission Bancorp

25.37%

16.23%

20.16%

★★★★★★

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%

★★★★★☆

FRMO

0.17%

12.99%

23.62%

★★★★☆☆

Click here to see the full list of 213 stocks from our US Undiscovered Gems With Strong Fundamentals screener.

Let's dive into some prime choices out of from the screener.

Lifeway Foods

Simply Wall St Value Rating: ★★★★★★

Overview: Lifeway Foods, Inc. produces and markets probiotic-based products in the United States and internationally, with a market cap of $295.37 million.

Operations: Lifeway Foods generates revenue primarily from its cultured dairy products, amounting to $176.78 million.

Lifeway Foods, a small cap company, has shown impressive performance with earnings growing by 139% over the past year, significantly outpacing the food industry's 3%. The company's recent Q2 results reported US$49.16 million in sales and US$3.78 million in net income. Lifeway is debt-free and trades at 54% below its estimated fair value. Despite internal governance challenges, including calls for board changes and anti-nepotism policies, it remains a strong performer with high-quality earnings.

NasdaqGM:LWAY Debt to Equity as at Sep 2024
NasdaqGM:LWAY Debt to Equity as at Sep 2024

Cricut

Simply Wall St Value Rating: ★★★★★★

Overview: Cricut, Inc. designs, markets, and distributes a creativity platform that allows users to create professional-looking handmade goods, with a market cap of $1.28 billion.

Operations: Cricut generates revenue primarily through the sale of its creativity platform, which includes hardware, digital content, and accessories. The company's gross profit margin stands at 43%.

Cricut's financial health is solid, with no debt and high-quality earnings. The company repurchased 1.41 million shares for US$8.86 million recently, reflecting confidence in its value, which trades at 49.4% below fair value estimates. Despite a revenue dip to US$167.95 million in Q2 2024 from US$177.77 million a year ago, net income rose to US$19.77 million from US$16.02 million, showcasing strong profitability and resilience amidst industry challenges.