May Top Growth Stocks To Invest In

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Companies such as Praemium and Global Construction Services have a significantly positive future outlook on the basis of their profitability and returns. Investors seeking to enhance their portfolio should consider these financially stable, high-growth stocks. 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.

Praemium Limited (ASX:PPS)

Praemium Limited provides portfolio administration, investment platforms, and financial planning tools to the wealth management industry worldwide. Founded in 2001, and now run by Michael Ohanessian, the company currently employs 215 people and with the market cap of AUD A$290.24M, it falls under the small-cap category.

PPS’s projected future profit growth is an exceptional 68.96%, with an underlying 48.40% growth from its revenues expected over the upcoming years. An affirming signal is when net income increase also comes with top-line growth. Even though some cost-reduction initiatives may have also pushed up margins, in the case of PPS, it does not appear extreme. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a high double-digit return on equity of 32.68%. PPS ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. A potential addition to your portfolio? Take a look at its other fundamentals here.

ASX:PPS Future Profit May 11th 18
ASX:PPS Future Profit May 11th 18

Global Construction Services Limited (ASX:GCS)

Global Construction Services Limited provides on-site products and services in Australia. The company was established in 2003 and with the stock’s market cap sitting at AUD A$160.38M, it comes under the small-cap group.

GCS’s projected future profit growth is a robust 31.03%, with an underlying 51.05% growth from its revenues expected over the upcoming 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 16.72%. GCS 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 GCS? Have a browse through its key fundamentals here.

ASX:GCS Future Profit May 11th 18
ASX:GCS Future Profit May 11th 18

Pacific Smiles Group Limited (ASX:PSQ)

Pacific Smiles Group Limited owns and operates dental centers under the Pacific Smiles Dental and nib Dental Care brand names in Eastern Australia. Formed in 2002, and currently run by John Gibbs, the company size now stands at 800 people and with the company’s market cap sitting at AUD A$255.35M, it falls under the small-cap group.