Sunstone Metals is one of many stocks the market is bullish on. Its expected double-digit top-line and bottom-line growth exceeds its peers, and its financially stable position lessens the chances of risk. 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.
Sunstone Metals Limited (ASX:STM)
Sunstone Metals Limited engages in the evaluation and exploration of mineral properties. Sunstone Metals is run by CEO Malcolm Norris. It currently has a market cap of AUD A$20.38M placing it in the small-cap category
STM’s forecasted bottom line growth is an exceptional 54.99%, driven by underlying sales, which is expected to more than double, over the next few years. It appears that STM’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 11.95%. STM’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Should you add STM to your portfolio? Have a browse through its key fundamentals here.
RedFlow Limited (ASX:RFX)
RedFlow Limited develops, manufactures, and sells zinc-bromide flowing electrolyte battery modules worldwide. Established in 2005, and headed by CEO Richard Aird, the company size now stands at 37 people and with the stock’s market cap sitting at AUD A$53.99M, it comes under the small-cap stocks category.
RFX’s projected future profit growth is an exceptional 93.03%, with an underlying triple-digit growth from its revenues expected over the upcoming years. It appears that RFX’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 18.71%. RFX’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Could this stock be your next pick? Have a browse through its key fundamentals here.
Audinate Group Limited (ASX:AD8)
Audinate Group Limited provides professional digital audio networking technologies worldwide. Audinate Group was started in 2003 and with the stock’s market cap sitting at AUD A$139.76M, it comes under the small-cap category.
An outstanding 100.00% earnings growth is forecasted for AD8, driven by the underlying 51.37% 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. AD8’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Considering AD8 as a potential investment? Check out its fundamental factors here.