Undiscovered Gems with Strong Potential for September 2024

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The market is up 4.2% over the last week and has climbed 24% in the past year, with earnings forecast to grow by 15% annually. In this robust environment, identifying stocks with strong potential involves looking for companies that are not only performing well but also have unique attributes or growth opportunities that are yet to be fully recognized by the broader market.

Top 10 Undiscovered Gems With Strong Fundamentals In The United States

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Morris State Bancshares

10.20%

-0.28%

6.97%

★★★★★★

Jiayin Group

NA

27.99%

32.20%

★★★★★★

Mission Bancorp

25.37%

16.23%

20.16%

★★★★★★

Teekay

NA

-6.48%

55.79%

★★★★★★

Omega Flex

NA

1.31%

3.88%

★★★★★★

First Northern Community Bancorp

NA

7.12%

10.04%

★★★★★★

Banco Latinoamericano de Comercio Exterior S. A

311.64%

21.07%

24.77%

★★★★★☆

Valhi

38.71%

2.57%

-19.76%

★★★★★☆

Innovex International

12.24%

18.91%

15.98%

★★★★★☆

FRMO

0.17%

12.99%

23.62%

★★★★☆☆

Click here to see the full list of 209 stocks from our US Undiscovered Gems With Strong Fundamentals screener.

Underneath we present a selection of stocks filtered out by our screen.

Cricut

Simply Wall St Value Rating: ★★★★★★

Overview: Cricut, Inc. designs, markets, and distributes a creativity platform for making professional-looking handmade goods and has a market cap of approximately $1.31 billion.

Operations: Cricut generates revenue through the sale of connected machines, accessories, and subscriptions. The company's net profit margin is 11.29%.

Cricut, Inc. has shown impressive earnings growth of 40.2% over the past year, outpacing the Consumer Durables industry at -2.1%. The company is debt-free now compared to a debt-to-equity ratio of 49.9% five years ago, indicating strong financial health. Recent activities include repurchasing 1,406,983 shares for US$8.86 million and being added to multiple Russell indices in July 2024. Despite significant insider selling recently, Cricut trades at a substantial discount of 47.7% below its estimated fair value.

NasdaqGS:CRCT Debt to Equity as at Sep 2024
NasdaqGS:CRCT Debt to Equity as at Sep 2024

Benchmark Electronics

Simply Wall St Value Rating: ★★★★★☆

Overview: Benchmark Electronics, Inc., together with its subsidiaries, provides product design, engineering services, technology solutions, and manufacturing services across the Americas, Asia, and Europe with a market cap of approximately $1.53 billion.

Operations: Benchmark Electronics generates revenue primarily from the Americas ($1.53 billion), Asia ($1.02 billion), and Europe ($313.74 million). The company’s net profit margin is not provided, but its financial performance is significantly influenced by its diverse geographical revenue streams.