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Undiscovered Gems with Promising Potential for December 2024

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As we approach December 2024, global markets are witnessing a divergence in performance, with major indexes like the S&P 500 and Nasdaq Composite reaching record highs while small-cap indices such as the Russell 2000 face declines. Amidst this backdrop of mixed market sentiment and economic indicators showing a rebound in job growth, identifying stocks with strong fundamentals and growth potential becomes crucial for investors seeking to uncover undiscovered gems.

Top 10 Undiscovered Gems With Strong Fundamentals

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Darya-Varia Laboratoria

NA

1.44%

-11.65%

★★★★★★

Miwon Chemicals

0.08%

11.70%

14.38%

★★★★★★

Ovostar Union

0.01%

10.19%

49.85%

★★★★★★

Mandiri Herindo Adiperkasa

NA

20.72%

11.08%

★★★★★★

Bank Ganesha

NA

25.03%

70.72%

★★★★★★

Tianyun International Holdings

10.09%

-5.59%

-9.92%

★★★★★★

Chita Kogyo

8.34%

2.84%

8.49%

★★★★★☆

Forth Smart Service

60.55%

-7.89%

-14.33%

★★★★☆☆

A2B Australia

15.83%

-7.78%

25.44%

★★★★☆☆

Wilson

64.79%

30.09%

68.29%

★★★★☆☆

Click here to see the full list of 4644 stocks from our Undiscovered Gems With Strong Fundamentals screener.

Below we spotlight a couple of our favorites from our exclusive screener.

City Cement

Simply Wall St Value Rating: ★★★★★★

Overview: City Cement Company manufactures and sells cement in the Kingdom of Saudi Arabia, with a market capitalization of SAR2.54 billion.

Operations: City Cement's primary revenue stream is from cement sales, generating SAR460.97 million, while environmental services contribute SAR2.35 million.

City Cement, a promising player in the cement industry, has shown impressive growth with earnings rising 23.7% over the past year, outpacing the Basic Materials sector's 12.1%. The company reported third-quarter sales of SAR 130.11 million, nearly doubling from SAR 70.68 million last year, and net income surged to SAR 33.66 million from SAR 4.42 million previously. With no debt on its books for five years and trading at a value estimated to be 13% below fair value, City Cement seems well-positioned for future growth amid strong financial health and high-quality earnings.

SASE:3003 Earnings and Revenue Growth as at Dec 2024
SASE:3003 Earnings and Revenue Growth as at Dec 2024

Mao Geping Cosmetics

Simply Wall St Value Rating: ★★★★★★

Overview: Mao Geping Cosmetics Co., Ltd. operates in China, offering color cosmetics and skincare products under the MAOGEPING and Love Keeps brands, with a market cap of CN¥12.33 billion.

Operations: The company's revenue is primarily derived from personal products, totaling CN¥2.89 billion.