Discovering Undiscovered Gems in the United States for December 2024

In This Article:

The United States market has experienced a remarkable 27% increase over the past year despite remaining flat over the last week, with earnings projected to grow by 15% annually. In this environment, identifying promising stocks involves seeking out those with strong growth potential and solid fundamentals that may not yet be widely recognized.

Top 10 Undiscovered Gems With Strong Fundamentals In The United States

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Eagle Financial Services

170.75%

12.30%

1.92%

★★★★★★

Wilson Bank Holding

NA

7.87%

8.22%

★★★★★★

Franklin Financial Services

173.21%

5.55%

-1.86%

★★★★★★

Morris State Bancshares

17.84%

4.83%

6.58%

★★★★★★

Omega Flex

NA

0.39%

2.57%

★★★★★★

First Northern Community Bancorp

NA

7.65%

11.17%

★★★★★★

Teekay

NA

-3.71%

60.91%

★★★★★★

ASA Gold and Precious Metals

NA

7.11%

-35.88%

★★★★★☆

Pure Cycle

5.31%

-4.44%

-5.74%

★★★★★☆

FRMO

0.13%

19.43%

29.70%

★★★★☆☆

Click here to see the full list of 238 stocks from our US Undiscovered Gems With Strong Fundamentals screener.

Let's review some notable picks from our screened stocks.

FS Bancorp

Simply Wall St Value Rating: ★★★★★★

Overview: FS Bancorp, Inc. is a bank holding company for 1st Security Bank of Washington, offering banking and financial services to local families, businesses, and industry niches with a market cap of $351.65 million.

Operations: FS Bancorp generates revenue primarily from its Commercial and Consumer Banking segment, contributing $117.94 million, and Home Lending, which brings in $21.52 million. The company's financial performance is influenced by the net profit margin trend over recent periods.

FS Bancorp, with assets totaling US$3 billion and equity of US$288.9 million, stands out for its robust financial health. The company has total deposits of US$2.4 billion and loans amounting to US$2.5 billion, alongside a net interest margin of 4.5%. Its allowance for bad loans is a solid 0.4% of total loans, backed by an impressive 290% coverage ratio for bad loan allowances. Recent activities include the repurchase of over 113,000 shares at a cost of US$5 million under its buyback program and the declaration of a quarterly dividend at $0.27 per share in October 2024.

NasdaqCM:FSBW Debt to Equity as at Dec 2024
NasdaqCM:FSBW Debt to Equity as at Dec 2024

First Bank

Simply Wall St Value Rating: ★★★★★★

Overview: First Bank offers a range of banking products and services to small to mid-sized businesses and individuals, with a market capitalization of $367.91 million.

Operations: First Bank's revenue primarily comes from its community banking segment, amounting to $123.43 million.