Discovering Undiscovered Gems in the United States for August 2024

In This Article:

In the last week, the market has stayed flat, but it is up 19% over the past year with earnings expected to grow by 15% annually over the next few years. In this favorable environment, identifying stocks with strong fundamentals and growth potential can lead to promising investment opportunities.

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

131.04%

17.59%

20.70%

★★★★★★

Omega Flex

NA

2.13%

4.77%

★★★★★★

Teekay

NA

-8.88%

49.65%

★★★★★★

QDM International

NA

123.47%

83.88%

★★★★★★

Mission Bancorp

25.37%

16.23%

20.16%

★★★★★★

First Northern Community Bancorp

NA

7.12%

10.04%

★★★★★★

Gravity

NA

15.31%

24.42%

★★★★★★

CSP

2.17%

-5.57%

73.73%

★★★★★☆

FRMO

0.19%

6.49%

15.82%

★★★★☆☆

Click here to see the full list of 217 stocks from our US Undiscovered Gems With Strong Fundamentals screener.

Here we highlight a subset of our preferred stocks from the screener.

PC Connection

Simply Wall St Value Rating: ★★★★★★

Overview: PC Connection, Inc., along with its subsidiaries, offers a range of IT solutions globally and has a market cap of $1.89 billion.

Operations: PC Connection generates revenue primarily from IT solutions, with a total revenue of $3.12 billion. The company has a net profit margin of 2.56%.

PC Connection, Inc., a notable player in the tech distribution space, reported Q2 2024 sales of US$736.48 million with net income rising to US$26.16 million from US$19.7 million a year ago. The company declared a quarterly dividend of $0.10 per share, payable on August 30, 2024. Recently partnering with Microsoft and Qualcomm for AI-driven Copilot+ PCs launch, PC Connection's earnings grew by 16.8% last year and it remains debt-free for over five years now.

NasdaqGS:CNXN Debt to Equity as at Aug 2024
NasdaqGS:CNXN Debt to Equity as at Aug 2024

Universal Stainless & Alloy Products

Simply Wall St Value Rating: ★★★★★☆

Overview: Universal Stainless & Alloy Products, Inc. manufactures and markets semi-finished and finished specialty steel products in the United States and internationally, with a market cap of $346.61 million.

Operations: Universal Stainless & Alloy Products generates revenue primarily from its Metal Processors and Fabrication segment, which reported $311.46 million. The company's market cap stands at $346.61 million.

Universal Stainless & Alloy Products has turned profitable this year, with net income jumping to US$8.87 million in Q2 2024 from US$0.90 million a year ago. Its interest payments are well covered by EBIT at 3.5x, and it boasts high-quality earnings while trading at 76% below estimated fair value. The company's net debt to equity ratio stands at a satisfactory 33.7%, although it has slightly increased over the past five years from 27.7%.