Best Growth Stock in March

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Robust, high-growth companies such as Pioneer Credit are appealing to investors for many reasons. They bring about a strong upside to your portfolio, and less downside risk as opposed to financially challenged companies. Whether it be a well-known tech stock or a risky small-cap, I believe diversification towards growth can add value to your current holdings. Below I’ve compiled a list of stocks with a bright future ahead.

Pioneer Credit Limited (ASX:PNC)

Pioneer Credit Limited provides financial services in Australia. The company employs 500 people and with the company’s market capitalisation at AUD A$208.05M, we can put it in the small-cap group.

PNC’s forecasted bottom line growth is an optimistic 20.50%, driven by the underlying strong triple-digit sales growth rate over the next few years. An affirming signal is when net income increase is supported by top-line growth. Since net income isn’t artificially inflated by one-off initiatives such as cost-cutting, we know this profit growth is more likely to be sustainable. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 18.63%. PNC’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Interested to learn more about PNC? Check out its fundamental factors here.

ASX:PNC Future Profit Mar 5th 18
ASX:PNC Future Profit Mar 5th 18

Sovereign Metals Limited (ASX:SVM)

Sovereign Metals Limited engages in the identification, exploration, and appraisal of mineral resource projects. Sovereign Metals is headed by CEO Julian Stephens. With the company’s market capitalisation at AUD A$31.78M, we can put it in the small-cap group

SVM is expected to deliver an extremely high earnings growth over the next couple of years of 54.21%, bolstered by an equally impressive cash flow from operations growth of 59.09%. It appears that SVM’s profitability may be sustainable as the fundamental push is operating cash flow expansion rather than unmaintainable cost-cutting activities. SVM’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Want to know more about SVM? I recommend researching its fundamentals here.

ASX:SVM Future Profit Mar 5th 18
ASX:SVM Future Profit Mar 5th 18

SRG Limited (ASX:SRG)

SRG Limited provides various services for construction and mining industries in Australia, Hong Kong, and the United Arab Emirates. Formed in 1961, and now run by David MacGeorge, the company size now stands at 649 people and has a market cap of AUD A$111.54M, putting it in the small-cap group.

SRG’s forecasted bottom line growth is an optimistic 28.79%, driven by the underlying 59.95% sales growth over the next few years. It appears that SRG’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. SRG’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. Thinking of investing in SRG? Have a browse through its key fundamentals here.