Riverstone Holdings 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.
Riverstone Holdings Limited (SGX:AP4)
Riverstone Holdings Limited, an investment holding company, manufactures and distributes cleanroom and healthcare gloves under the RS brand. Founded in 1989, and now led by CEO Teek Son Wong, the company currently employs 1,000 people and with the market cap of SGD SGD763.32M, it falls under the small-cap category.
Extreme optimism for AP4, as market analysts projected an outstanding earnings growth rate of 12.59% for the stock, supported by a double-digit sales growth of 28.81%. It appears that AP4’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 return on equity coming in at a notable 21.30%. AP4 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? I recommend researching its fundamentals here.
Hi-P International Limited (SGX:H17)
Hi-P International Limited operates as an integrated contract manufacturer serving the telecommunications, consumer electronics, computing and peripherals, and medical and industrial devices. Hi-P International was formed in 1980 and with the company’s market cap sitting at SGD SGD2.02B, it falls under the mid-cap group.
Driven by the positive double-digit sales growth of 28.56% over the next few years, H17 is expected to deliver an excellent earnings growth of 13.95%. It appears that H17’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 return on equity coming in at a notable 23.20%. H17 ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Thinking of investing in H17? Have a browse through its key fundamentals here.
Best World International Limited (SGX:CGN)
Best World International Limited develops, manufactures, and distributes skincare, personal care, nutritional, and wellness products. Best World International was started in 1990 and with the stock’s market cap sitting at SGD SGD940.65M, it comes under the small-cap stocks category.