Undiscovered Gems Three Promising Stocks For November 2024

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As global markets navigate a turbulent period marked by mixed economic signals and cautious investor sentiment, small-cap stocks have demonstrated resilience, holding up better than their larger counterparts. Amidst this backdrop of fluctuating indices and economic uncertainties, identifying promising small-cap stocks requires a keen focus on fundamentals such as strong earnings potential and solid market positioning.

Top 10 Undiscovered Gems With Strong Fundamentals

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Impellam Group

31.12%

-5.43%

-6.86%

★★★★★★

Ovostar Union

0.01%

10.19%

49.85%

★★★★★★

Teekay

NA

-3.71%

60.91%

★★★★★★

Infinity Capital Investments

0.61%

8.72%

14.99%

★★★★★★

Tianyun International Holdings

10.09%

-5.59%

-9.92%

★★★★★★

Watt's

73.27%

7.85%

-1.33%

★★★★★☆

Evergent Investments

5.49%

1.15%

8.81%

★★★★★☆

Compañía Electro Metalúrgica

72.83%

12.17%

19.18%

★★★★☆☆

Wilson

64.79%

30.09%

68.29%

★★★★☆☆

A2B Australia

15.83%

-7.78%

25.44%

★★★★☆☆

Click here to see the full list of 4735 stocks from our Undiscovered Gems With Strong Fundamentals screener.

Here we highlight a subset of our preferred stocks from the screener.

DigiPlus Interactive

Simply Wall St Value Rating: ★★★★★★

Overview: DigiPlus Interactive Corp. manages and operates general amusement, recreation enterprises, hotels, and gaming facilities in the Philippines with a market cap of approximately ₱91.68 billion.

Operations: DigiPlus Interactive generates revenue primarily from its Retail Group, contributing ₱49.90 billion, and its Casino Group, adding ₱471.82 million. The Network and License Group and Property Group provide smaller revenue streams of ₱385.49 million and ₱80.43 million respectively.

DigiPlus Interactive is making waves with its impressive earnings growth, surging 325.5% over the past year, outpacing the hospitality industry's downturn of 9.6%. Trading at a significant discount of 66.9% below its estimated fair value, DigiPlus seems to offer good relative value compared to peers. The company boasts high-quality earnings and has reduced its debt-to-equity ratio from 34.6% to 7.3% over five years, indicating improved financial health. Recent developments include being added to the S&P Global BMI Index and expanding into Brazil's gaming market, diversifying beyond its core operations in the Philippines.

PSE:PLUS Debt to Equity as at Nov 2024
PSE:PLUS Debt to Equity as at Nov 2024

Xi'an Manareco New MaterialsLtd

Simply Wall St Value Rating: ★★★★★★

Overview: Xi'an Manareco New Materials Co., Ltd specializes in the production and distribution of liquid crystal materials, OLED materials, and drug intermediates, with a market capitalization of CN¥5.77 billion.