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Stocks that are expected to significantly grow their profitability in the future can add meaningful upside to your portfolio. Razer and Summit Ascent Holdings are examples of many high-growth stocks that the market believe will be upcoming outperformers. If a buoyant growth prospect is what you’re after in your next investment, I’ve put together a list of high-growth stocks you may be interested in, based on the latest financial data from each company.
Razer Inc. (SEHK:1337)
Razer Inc. designs, develops, and sells gaming hardware, software, and services under the Razer brand for gamers worldwide. Formed in 2005, and currently run by Min-Liang Tan, the company provides employment to 748 people and with the market cap of HKD HK$25.98B, it falls under the large-cap category.
Extreme optimism for 1337, as market analysts projected an outstanding earnings growth rate of 90.89% for the stock, supported by an equally strong sales. It appears that 1337’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 17.17%. 1337’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Considering 1337 as a potential investment? Have a browse through its key fundamentals here.
Summit Ascent Holdings Limited (SEHK:102)
Summit Ascent Holdings Limited, an investment holding company, engages in the operation of hotel and gaming business in the Integrated Entertainment Zone of the Primorye Region in Russian. Started in 1993, and now led by CEO , the company employs 1,000 people and with the stock’s market cap sitting at HKD HK$1.37B, it comes under the small-cap stocks category.
An outstanding 73.43% earnings growth is forecasted for 102, driven by the underlying 57.36% sales growth over the next few years. 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. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 6.40%. 102’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. A potential addition to your portfolio? Check out its fundamental factors here.