Undiscovered Gems in the United States to Explore This October 2024
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The United States market has been flat over the last week, yet it has experienced a significant rise of 38% over the past 12 months, with earnings forecast to grow by 15% annually. In this dynamic environment, identifying stocks that offer unique potential and align with these growth trends can be key to uncovering promising investment opportunities.
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% | ★★★★★★ |
| Teekay | NA | -6.48% | 55.79% | ★★★★★★ |
| Mission Bancorp | 25.37% | 16.23% | 20.16% | ★★★★★★ |
| 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% | ★★★★★☆ |
| ASA Gold and Precious Metals | NA | 7.11% | -35.88% | ★★★★★☆ |
| Valhi | 38.71% | 2.57% | -19.76% | ★★★★★☆ |
| Chain Bridge Bancorp | 10.64% | 41.34% | 18.53% | ★★★★☆☆ |
| FRMO | 0.13% | 19.43% | 29.70% | ★★★★☆☆ |
We're going to check out a few of the best picks from our screener tool.
Cricut
Simply Wall St Value Rating: ★★★★★★
Overview: Cricut, Inc. designs, markets, and distributes a creativity platform that allows users to create professional-looking handmade goods, with a market cap of approximately $1.46 billion.
Operations: Cricut generates revenue primarily through the sale of connected machines and related accessories, as well as subscriptions to its design software. The company's cost structure includes manufacturing costs for hardware products and expenses associated with software development. Notably, Cricut's net profit margin has shown variability over recent periods.
Cricut, a nimble player in the consumer durables space, is trading at 42.9% below its estimated fair value and boasts high-quality earnings. Over the past year, its earnings surged by 40.2%, outpacing the industry average of -0.6%. Despite a challenging five-year period with an annual earnings drop of 22.7%, recent performance shows promise with net income for Q2 reaching US$19.77 million compared to US$16.02 million previously. The company repurchased 1,406,983 shares for US$8.86 million recently and welcomed Heidi Zak to its board, signaling strategic growth intentions amidst insider selling concerns.
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Take a closer look at Cricut's potential here in our health report.
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Evaluate Cricut's historical performance by accessing our past performance report.
Republic Bancorp
Simply Wall St Value Rating: ★★★★★★
Overview: Republic Bancorp, Inc. is a bank holding company for Republic Bank & Trust Company, offering a range of banking products and services in the United States, with a market cap of approximately $1.34 billion.