Best Growth Stocks To Buy Now

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Cardinal Resources and NRW Holdings can add profound upside to your portfolio. This is because the optimistic growth outlook for their profitability and returns make their high-growth potential appealing relative to their peers. The list I’ve put together below are of stocks that compare favourably on all criteria, which potentially makes them a good investment if you believe the growth has not already been reflected in the share price.

Cardinal Resources Limited (ASX:CDV)

Cardinal Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Ghana. The company employs 117 people and with the stock’s market cap sitting at AUD A$217.35M, it comes under the small-cap stocks category.

CDV’s forecasted bottom line growth is an exceptional 62.16%, driven by the underlying 60.30% cash flow from operations growth over the next few years. It appears that CDV’s profitability may be sustainable as the fundamental push is operating cash flow expansion rather than unmaintainable cost-cutting activities. CDV’s bullish prospects make it an interesting stock to invest more time to understand how it can add value to your portfolio. Considering CDV as a potential investment? I recommend researching its fundamentals here.

ASX:CDV Future Profit Mar 9th 18
ASX:CDV Future Profit Mar 9th 18

NRW Holdings Limited (ASX:NWH)

NRW Holdings Limited, through its subsidiaries, provides civil and mining contracting services to resource and infrastructure sectors in Australia. Started in 1994, and headed by CEO Julian Pemberton, the company employs 1,000 people and with the company’s market capitalisation at AUD A$611.52M, we can put it in the small-cap category.

NWH’s projected future profit growth is a robust 29.90%, with an underlying 79.34% growth from its revenues expected over the upcoming years. It appears that NWH’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. NWH’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Could this stock be your next pick? Take a look at its other fundamentals here.

ASX:NWH Future Profit Mar 9th 18
ASX:NWH Future Profit Mar 9th 18

Yowie Group Limited (ASX:YOW)

Yowie Group Limited operates as a brand licensing company in the United States. Yowie Group is run by CEO Mark Schuessler. With the stock’s market cap sitting at AUD A$21.02M, it falls under the small-cap stocks category

Extreme optimism for YOW, as market analysts projected an outstanding earnings growth rate of 84.92% for the stock, supported by an equally strong sales. It appears that YOW’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. YOW ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Considering YOW as a potential investment? Take a look at its other fundamentals here.