Why invest in a stock whose growth outlook that lags behind the market? Investors looking for companies with extraordinary future prospects in terms of profitability and returns should look at the following high-growth stocks. 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.
Metallurgical Corporation of China Ltd. (SEHK:1618)
Metallurgical Corporation of China Ltd., together with its subsidiaries, engages in the engineering contracting, property development, equipment manufacturing, and resources development businesses in China and internationally. Established in 2008, and currently run by Mengxing Zhang, the company provides employment to 97,684 people and with the company’s market cap sitting at HKD HK$106.78B, it falls under the large-cap stocks category.
1618’s forecasted bottom line growth is an optimistic 20.45%, driven by the underlying double-digit sales growth of 37.52% over the next few years. It appears that 1618’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 10.57%. 1618’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. Want to know more about 1618? Take a look at its other fundamentals here.
Haichang Ocean Park Holdings Ltd. (SEHK:2255)
Haichang Ocean Park Holdings Ltd., together with its subsidiaries, develops, constructs, and operates theme parks and ancillary commercial properties in the People’s Republic of China. Started in 2001, and headed by CEO Xuguang Wang, the company currently employs 2,775 people and with the company’s market capitalisation at HKD HK$7.72B, we can put it in the mid-cap stocks category.
2255 is expected to deliver a buoyant earnings growth over the next couple of years of 29.19%, bolstered by an equally impressive revenue growth of 58.66%. 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 7.02%. 2255’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. Want to know more about 2255? Check out its fundamental factors here.