Discovering Undiscovered Gems in United States This September 2024

In This Article:

Over the last 7 days, the market has dropped 2.7%, yet in the last year, it is up 21% with earnings forecasted to grow by 15% annually. In this dynamic environment, identifying promising stocks that remain under the radar can offer unique opportunities for investors.

Top 10 Undiscovered Gems With Strong Fundamentals In The United States

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Morris State Bancshares

10.20%

-0.28%

6.97%

★★★★★★

River Financial

122.41%

16.43%

18.50%

★★★★★★

First Ottawa Bancshares

85.49%

7.25%

25.81%

★★★★★★

Teekay

NA

-6.48%

55.79%

★★★★★★

Mission Bancorp

25.37%

16.23%

20.16%

★★★★★★

First Northern Community Bancorp

NA

7.12%

10.04%

★★★★★★

Omega Flex

NA

1.31%

3.88%

★★★★★★

Banco Latinoamericano de Comercio Exterior S. A

311.64%

21.07%

24.77%

★★★★★☆

Valhi

38.71%

2.57%

-19.76%

★★★★★☆

FRMO

0.17%

12.99%

23.62%

★★★★☆☆

Click here to see the full list of 213 stocks from our US Undiscovered Gems With Strong Fundamentals screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Lifeway Foods

Simply Wall St Value Rating: ★★★★★★

Overview: Lifeway Foods, Inc. produces and markets probiotic-based products in the United States and internationally, with a market cap of $295.37 million.

Operations: The company generates revenue primarily from its cultured dairy products, amounting to $176.78 million.

Lifeway Foods has shown impressive earnings growth of 139.1% over the past year, outpacing the Food industry’s 3.2%. The company reported Q2 sales of US$49.16 million, up from US$39.23 million a year ago, with net income rising to US$3.78 million from US$3.16 million. Despite significant insider selling recently, Lifeway remains debt-free and is trading at 54% below its estimated fair value, suggesting potential for future appreciation in share price despite recent volatility.

NasdaqGM:LWAY Earnings and Revenue Growth as at Sep 2024
NasdaqGM:LWAY Earnings and Revenue Growth as at Sep 2024

Cricut

Simply Wall St Value Rating: ★★★★★★

Overview: Cricut, Inc. designs, markets, and distributes a creativity platform that allows users to create professional-looking handmade goods and has a market cap of $1.28 billion.

Operations: Cricut generates revenue through the sale of its creativity platform and associated materials. It incurs costs related to design, marketing, and distribution. The company has a market cap of $1.28 billion.

Cricut, known for its innovative crafting machines, has shown impressive financial resilience. The company reported a net income of US$19.77 million for Q2 2024, up from US$16.02 million the previous year. Despite a revenue dip to US$167.95 million from US$177.77 million, earnings per share rose to $0.09 from $0.07 last year. Cricut also repurchased 1,406,983 shares worth $8.86 million recently and is trading at 49% below estimated fair value with no debt on its books.