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Investors tend to look for stocks that have a strong future outlook. Why invest in something that will grow slower than the rest of the market? In terms of profitability and returns, stocks such as Golden Energy and Resources and Food Empire Holdings are expected to outperform its peers in the future. 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.
Golden Energy and Resources Limited (SGX:AUE)
Golden Energy and Resources Limited engages in the exploration, mining, and marketing of thermal coal in Indonesia. Founded in 1997, and currently run by Fuganto Widjaja, the company currently employs 380 people and with the stock’s market cap sitting at SGD SGD870.65M, it comes under the small-cap category.
AUE’s projected future profit growth is a robust 28.71%, with an underlying 16.52% growth from its revenues expected over the upcoming years. It appears that AUE’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 19.95%. AUE ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. A potential addition to your portfolio? Check out its fundamental factors here.
Food Empire Holdings Limited (SGX:F03)
Food Empire Holdings Limited operates as a branding and manufacturing company specializing in the food and beverage industry. The company was established in 1992 and with the market cap of SGD SGD357.65M, it falls under the small-cap group.
F03’s forecasted bottom line growth is an optimistic 20.61%, driven by the underlying double-digit sales growth of 13.57% 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 13.20%. F03’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. Considering F03 as a potential investment? Take a look at its other fundamentals here.