Companies such as Alaris Royalty and Avino Silver & Gold Mines have a significantly positive future outlook on the basis of their profitability and returns. Investors seeking to enhance their portfolio should consider these financially stable, high-growth stocks. 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.
Alaris Royalty Corp. (TSX:AD)
Alaris Royalty Corp. is a private equity firm specializing in management buyouts, growth capital, middle market, later stage, industry consolidation, growth capital, and mature investments. Founded in 2008, and currently headed by CEO Stephen King, the company now has 14 employees and has a market cap of CAD CA$747.33M, putting it in the small-cap category.
AD’s projected future profit growth is an exceptional triple-digit, with an underlying 0.95% growth from its revenues expected over the upcoming years. Though some cost-cutting activities may artificially inflate margins, it appears that this isn’t solely the case here, as profit growth is also coupled with top-line expansion. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 10.95%. AD ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Should you add AD to your portfolio? Have a browse through its key fundamentals here.
Avino Silver & Gold Mines Ltd. (TSXV:ASM)
Avino Silver & Gold Mines Ltd. engages in the production and sale of silver, gold, and copper; and the acquisition, exploration, and advancement of mineral properties. Avino Silver & Gold Mines was started in 1968 and with the company’s market capitalisation at CAD CA$98.06M, we can put it in the small-cap stocks category.
Should you add ASM to your portfolio? Take a look at its other fundamentals here.
TSO3 Inc. (TSX:TOS)
TSO3 Inc. engages in the research, development, production, maintenance, sale, and licensing of sterilization processes, related consumable supplies, and accessories for heat and moisture sensitive medical devices. Formed in 1998, and currently lead by Richard Rumble, the company currently employs 75 people and with the stock’s market cap sitting at CAD CA$242.35M, it comes under the small-cap group.
Extreme optimism for TOS, as market analysts projected an outstanding earnings growth rate of 56.41% for the stock, supported by an equally strong sales. 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. TOS’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Interested to learn more about TOS? Have a browse through its key fundamentals here.