Individual investors like stocks with a high growth potential. These companies have a strong outlook that can bring a significant upside to your portfolio, regardless of market cyclicality. 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.

BSA Limited (ASX:BSA)

BSA Limited operates as a technical services contracting company in Australia. BSA is currently led by CEO Nicholas Yates. With the stock’s market cap sitting at AUD A$152.25M, it falls under the small-cap stocks category

BSA’s forecasted bottom line growth is an optimistic 33.38%, driven by the underlying sales growth of 8.16% over the next few years. Though some cost-cutting activities may artificially inflate margins, it appears that this isn’t solely the case here, as profit growth is also coupled with top-line expansion. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 19.70%. BSA 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.

Volpara Health Technologies Limited (ASX:VHT)

Volpara Health Technologies Limited provides breast imaging analytics and analysis products for the early detection of breast cancer in the medical device software industry. Formed in 2009, and currently headed by CEO Ralph Highnam, the company employs 39 people and with the market cap of AUD A$101.12M, it falls under the small-cap stocks category.

Driven by exceptional sales, which is expected to more than double over the next few years, VHT is expected to deliver an excellent earnings growth of 86.65%. It appears that VHT’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 0.83%. VHT ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Considering VHT as a potential investment? Take a look at its other fundamentals here.

Altium Limited (ASX:ALU)

Altium Limited develops and sells computer software for the design of electronic products in the United States and internationally. Established in 1985, and currently run by Aram Mirkazemi, the company provides employment to 410 people and has a market cap of AUD A$2.89B, putting it in the mid-cap stocks category.