Top High Growth SGX Stocks This Month

Most investors find it challenging to find companies with prospective double-digit growth rates that are also financially robust. These hidden gems also add meaningful upside to a portfolio, should the companies meet expectations. If your holdings could benefit from diversification towards growth stocks, whether it be in reputable tech stocks or green small-caps, take a look at my list of stocks with a bright future ahead.

Health Management International Ltd (SGX:588)

Health Management International Ltd provides private healthcare services in Singapore, Malaysia, and Indonesia. Started in 1991, and currently run by Wei Jia Chin, the company size now stands at 1,500 people and with the market cap of SGD SGD540.38M, it falls under the small-cap group.

Extreme optimism for 588, as market analysts projected an outstanding earnings growth rate of 12.35% for the stock, supported by a double-digit sales growth of 24.67%. It appears that 588’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 25.26%. 588 ticks the boxes for robust 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? Check out its fundamental factors here.

SGX:588 Future Profit May 11th 18
SGX:588 Future Profit May 11th 18

Riverstone Holdings Limited (SGX:AP4)

Riverstone Holdings Limited, an investment holding company, manufactures and distributes cleanroom and healthcare gloves under the RS brand in Malaysia. Founded in 1989, and currently headed by CEO Teek Son Wong, the company size now stands at 1,000 people and with the company’s market capitalisation at SGD SGD729.97M, we can put it in the small-cap group.

An outstanding 14.15% earnings growth is forecasted for AP4, driven by an underlying sales growth of 34.08% over the next few years. It appears that AP4’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 21.65%. AP4 ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Interested to learn more about AP4? Take a look at its other fundamentals here.

SGX:AP4 Future Profit May 11th 18
SGX:AP4 Future Profit May 11th 18

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 established in 1990 and has a market cap of SGD SGD825.48M, putting it in the small-cap group.