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Looking to add potential meaningful upside to your portfolio, but unsure where to start? Stocks such as DTI Group and Audinate Group are considered to be high growth in terms of how much they’re expected to earn and return to shareholders, according to the market. Whether it be a well-known tech stock or a risky small-cap, I believe diversification towards growth can add value to your current holdings. Below I’ve compiled a list of stocks with a bright future ahead.
DTI Group Limited (ASX:DTI)
DTI Group Limited develops, manufactures, and supplies integrated surveillance, passenger communication, and fleet management solutions for mass transit industrial and other related markets worldwide. DTI Group was established in 1995 and with the stock’s market cap sitting at AUD A$10.13M, it comes under the small-cap group.
Extreme optimism for DTI, as market analysts projected an outstanding earnings growth rate of 95.25% for the stock, supported by an equally strong sales growth of 51.59%. An affirming signal is when net income increase is supported by top-line growth. Since net income isn’t artificially inflated by one-off initiatives such as cost-cutting, we know this profit growth is more likely to be sustainable. DTI’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. Considering DTI as a potential investment? I recommend researching its fundamentals here.
Audinate Group Limited (ASX:AD8)
Audinate Group Limited provides professional digital audio networking technologies worldwide. Audinate Group was formed in 2003 and with the company’s market cap sitting at AUD A$188.84M, it falls under the small-cap group.
AD8’s forecasted bottom line growth is an exceptional 77.35%, driven by the underlying 58.61% sales growth over the next few years. An affirming signal is when net income increase is supported by top-line growth. Since net income isn’t artificially inflated by one-off initiatives such as cost-cutting, we know this profit growth is more likely to be sustainable. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 12.48%. AD8’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Want to know more about AD8? I recommend researching its fundamentals here.
GBST Holdings Limited (ASX:GBT)
GBST Holdings Limited provides software products for the financial service sector. Formed in 1984, and run by CEO Robert DeDominicis, the company size now stands at 500 people and with the company’s market capitalisation at AUD A$157.56M, we can put it in the small-cap stocks category.