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Undiscovered Gems With Strong Fundamentals For December 2024

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As global markets navigate a period of mixed performance, with major indexes like the Russell 2000 underperforming larger-cap counterparts and economic indicators pointing to a cooling labor market, investors are increasingly attentive to the Federal Reserve's anticipated rate cut. In such an environment, identifying stocks with strong fundamentals becomes crucial for investors seeking stability and potential growth; these undiscovered gems often exhibit robust financial health and solid business models that can withstand broader market fluctuations.

Top 10 Undiscovered Gems With Strong Fundamentals

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Marítima de Inversiones

NA

82.67%

21.14%

★★★★★★

Canal Shipping Agencies

NA

8.92%

22.01%

★★★★★★

Chilanga Cement

NA

12.53%

25.20%

★★★★★★

Suez Canal Company for Technology Settling (S.A.E)

NA

22.31%

13.60%

★★★★★★

Ovostar Union

0.01%

10.19%

49.85%

★★★★★★

Tianyun International Holdings

10.09%

-5.59%

-9.92%

★★★★★★

HOMAG Group

NA

-31.14%

23.43%

★★★★★☆

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

39.37%

4.38%

-14.46%

★★★★★☆

Transcorp Power

46.33%

114.79%

152.92%

★★★★★☆

A2B Australia

15.83%

-7.78%

25.44%

★★★★☆☆

Click here to see the full list of 4508 stocks from our Undiscovered Gems With Strong Fundamentals screener.

Here's a peek at a few of the choices from the screener.

Caisse régionale de Crédit Agricole Mutuel d'Ille-et-Vilaine Société coopérative

Simply Wall St Value Rating: ★★★★★★

Overview: Caisse régionale de Crédit Agricole Mutuel d'Ille-et-Vilaine Société coopérative offers banking services in France and has a market capitalization of approximately €389.89 million.

Operations: The cooperative generates revenue primarily from its retail banking segment, which contributes €299.55 million.

Caisse régionale de Crédit Agricole Mutuel d'Ille-et-Vilaine, a cooperative bank with total assets of €20.2 billion and equity of €2.3 billion, stands out for its robust financial health. It boasts sufficient allowance for bad loans at 123% and maintains an appropriate level of non-performing loans at 1.5%. The bank's earnings grew by 17.9% over the past year, outpacing the industry average growth of 5.3%. Moreover, it trades at a significant discount to its estimated fair value by about 45%, suggesting potential undervaluation in the market context despite being primarily funded through low-risk customer deposits (93%).