Top 3 Growth Stocks For The Month

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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 BWX and Magellan Financial Group are deemed to be superior in terms of how much they’re expected to earn and return to shareholders, according to analysts. Below I’ve put together a list of great potential investments for you to consider adding to your portfolio if growth is a dimension you would like to firm up.

BWX Limited (ASX:BWX)

BWX Limited, together with its subsidiaries, engages in the development, manufacture, marketing, distribution, and wholesale of natural body, hair, and skin care products in Australia and internationally. BWX was started in 2013 and with the market cap of AUD A$623.47M, it falls under the small-cap group.

BWX is expected to deliver a buoyant earnings growth over the next couple of years of 21.51%, bolstered by an equally impressive revenue growth. 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 15.06%. BWX’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Could this stock be your next pick? I recommend researching its fundamentals here.

ASX:BWX Future Profit Mar 2nd 18
ASX:BWX Future Profit Mar 2nd 18

Magellan Financial Group (ASX:MFG)

Magellan Financial Group is a publicly owned investment manager. Started in 2004, and currently run by Hamish Douglass, the company now has 104 employees and with the market cap of AUD A$4.39B, it falls under the mid-cap stocks category.

MFG’s projected future profit growth is a robust 26.71%, with an underlying 28.67% 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. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a high double-digit return on equity of 46.88%. MFG 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 MFG to your portfolio? I recommend researching its fundamentals here.

ASX:MFG Future Profit Mar 2nd 18
ASX:MFG Future Profit Mar 2nd 18

Linius Technologies Limited (ASX:LNU)

Linius Technologies Limited engages in the development of technology products, software development, and commercialization and licensing of computer software. Linius Technologies is currently led by CEO Christopher Richardson. The company currently has a market cap of AUD A$107.84M, putting it in the small-cap stocks category

LNU is expected to deliver an extremely high earnings growth over the next couple of years of 79.56%, bolstered by a significant revenue which is expected to more than double. 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. Furthermore, the 80.25% growth in operating cash flows indicates that a large portion of this earnings increase is high-quality, day-to-day cash generated by the business, rather than one-offs. LNU ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Could this stock be your next pick? Take a look at its other fundamentals here.

ASX:LNU Future Profit Mar 2nd 18
ASX:LNU Future Profit Mar 2nd 18

For more financially robust companies with high growth potential to enhance your portfolio, use our free platform to explore our interactive list of these stocks.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.

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