Trican Well Service 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. The list I’ve put together below are of stocks that compare favourably on all criteria, which potentially makes them a good investment if you believe the growth has not already been reflected in the share price.
Trican Well Service Ltd. (TSX:TCW)
Trican Well Service Ltd., an oilfield services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily in Canada. Established in 1979, and now led by CEO Dale Dusterhoft, the company employs 1,194 people and with the company’s market capitalisation at CAD CA$1.75B, we can put it in the small-cap group.
TCW is expected to deliver a buoyant earnings growth over the next couple of years of 17.68%, bolstered by an equally impressive revenue growth of 98.34%. 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 12.91%. TCW ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper.
Interested to learn more about TCW? Take a look at its other fundamentals here.
Roxgold Inc. (TSX:ROXG)
Roxgold Inc. operates as a gold mining company. The company provides employment to 171 people and with the company’s market capitalisation at CAD CA$412.40M, we can put it in the small-cap group.
ROXG is expected to deliver a triple-digit high earnings growth over the next couple of years, bolstered by an equally impressive revenue growth of 51.41%. It appears that ROXG’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 high double-digit return on equity of 30.74%. ROXG’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. Thinking of investing in ROXG? I recommend researching its fundamentals here.