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Looking to enhance your portfolio with high-growth, financially-robust stocks, but not sure where you should even begin? Stocks such as Galaxy Resources and CV Check are deemed to be superior in terms of how much they’re expected to earn and return to shareholders, according to analysts. I would suggest taking a look at my list of companies that compare favourably in all criteria, and consider whether they would add value to your current portfolio.
Galaxy Resources Limited (ASX:GXY)
Galaxy Resources Limited engages in the production of lithium concentrate, and exploration of minerals in Australia, Canada, and Argentina. Galaxy Resources is run by CEO Anthony Tse. It currently has a market cap of AUD A$1.24B placing it in the small-cap category
GXY’s forecasted bottom line growth is an optimistic 32.20%, driven by the underlying strong triple-digit sales growth rate over the next few years. 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. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 6.29%. GXY’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. Thinking of investing in GXY? I recommend researching its fundamentals here.
CV Check Ltd (ASX:CV1)
CV Check Ltd provides personal and professional information screening and verification check services to employers, industry associations, and individuals. CV Check was founded in 2004 and with the stock’s market cap sitting at AUD A$16.98M, it comes under the small-cap category.
Should you add CV1 to your portfolio? Take a look at its other fundamentals here.
Netwealth Group Limited (ASX:NWL)
Netwealth Group Limited operates in the wealth management industry in Australia. Netwealth Group was established in 1999 and has a market cap of AUD A$1.66B, putting it in the small-cap group.
NWL’s projected future profit growth is a robust 44.46%, with an underlying 58.61% growth from its revenues expected over the upcoming years. It appears that NWL’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a high double-digit return on equity of 50.90%. NWL ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Considering NWL as a potential investment? I recommend researching its fundamentals here.