Catapult Group International and Orocobre are a few noticeable companies with a strong future outlook. The market’s optimistic sentiment towards these stocks indicates a level of confidence in the future outlook of their businesses. Investment in growth companies can benefit your current holdings, whether it be in established tech giants or undiscovered micro-caps. Here, I’ve put together a few companies the market is particularly optimistic towards.
Catapult Group International Limited (ASX:CAT)
Catapult Group International Limited develops and sells wearable athlete tracking and analytics solutions worldwide. Catapult Group International was founded in 2006 and with the stock’s market cap sitting at AUD A$282.71M, it comes under the small-cap stocks category.
An outstanding 64.31% earnings growth is forecasted for CAT, driven by the underlying 61.73% sales growth 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. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 7.54%. CAT ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Thinking of investing in CAT? I recommend researching its fundamentals here.
Orocobre Limited (ASX:ORE)
Orocobre Limited explores for and develops lithium and potash deposits in Argentina. Orocobre is currently run by Richard Seville. It currently has a market cap of AUD A$1.57B placing it in the small-cap group
ORE’s projected future profit growth is a robust 35.85%, with an underlying 30.91% growth from its revenues expected over the upcoming years. It appears that ORE’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 positive return on equity of 11.87%. ORE ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Should you add ORE to your portfolio? Check out its fundamental factors here.
Mitula Group Limited (ASX:MUA)
Mitula Group Limited, together with its subsidiaries, owns, operates, and manages vertical search Websites. Started in 2006, and currently headed by CEO Gonzalo Sánchez del Pozo, the company provides employment to 74 people and with the company’s market cap sitting at AUD A$129.78M, it falls under the small-cap category.