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Discovering Undiscovered Gems on None in November 2024

In This Article:

As global markets experience broad-based gains with smaller-cap indexes outperforming large-caps, investors are keenly observing the potential impact of geopolitical tensions and economic indicators on small-cap stocks. In this dynamic environment, identifying undiscovered gems requires a focus on companies with strong fundamentals that can thrive amidst market volatility and capitalize on emerging opportunities.

Top 10 Undiscovered Gems With Strong Fundamentals

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Payton Industries

NA

9.38%

14.12%

★★★★★★

Canal Shipping Agencies

NA

8.92%

22.01%

★★★★★★

Suez Canal Company for Technology Settling (S.A.E)

NA

22.31%

13.60%

★★★★★★

Wilson Bank Holding

NA

7.87%

8.22%

★★★★★★

Parker Drilling

46.25%

-0.33%

53.04%

★★★★★★

Ovostar Union

0.01%

10.19%

49.85%

★★★★★★

Impellam Group

31.12%

-5.43%

-6.86%

★★★★★★

Tianyun International Holdings

10.09%

-5.59%

-9.92%

★★★★★★

A2B Australia

15.83%

-7.78%

25.44%

★★★★☆☆

Wilson

64.79%

30.09%

68.29%

★★★★☆☆

Click here to see the full list of 4638 stocks from our Undiscovered Gems With Strong Fundamentals screener.

We're going to check out a few of the best picks from our screener tool.

Medistim

Simply Wall St Value Rating: ★★★★★★

Overview: Medistim ASA is a company that specializes in the development, production, servicing, leasing, and distribution of medical devices for cardiac and vascular surgery across global markets including the United States, Europe, and Asia, with a market capitalization of NOK2.91 billion.

Operations: Medistim generates revenue primarily from its own products, amounting to NOK459.38 million, and from third-party products, contributing NOK87.70 million.

Medistim, a nimble player in the medical equipment space, is making waves with its innovative approach. The company reported third-quarter sales of NOK 132.76 million, up from NOK 124.1 million last year, despite a net income dip to NOK 23.43 million from NOK 26.13 million previously. With no debt on its books now compared to a debt-to-equity ratio of 2.7% five years ago, Medistim's financial health appears robust. The recent launch of the PATENT study and the MiraQ INTUI platform underscores its commitment to growth and innovation in vascular surgery technologies, potentially enhancing future earnings prospects by tapping into untapped markets like the U.S.

OB:MEDI Earnings and Revenue Growth as at Nov 2024
OB:MEDI Earnings and Revenue Growth as at Nov 2024

Nameson Holdings

Simply Wall St Value Rating: ★★★★★★

Overview: Nameson Holdings Limited is an investment holding company that focuses on the manufacture and sale of knitwear products across Japan, North America, Europe, Mainland China, and other international markets with a market capitalization of approximately HK$1.98 billion.