Undiscovered Gems in the United States for September 2024
In This Article:
The market has climbed 2.6% in the last 7 days and is up 31% over the past 12 months, with earnings forecasted to grow by 15% annually. In this dynamic environment, identifying promising yet overlooked stocks can be key to capitalizing on future growth 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% | ★★★★★★ |
| River Financial | 122.41% | 16.43% | 18.50% | ★★★★★★ |
| 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% | ★★★★★☆ |
| United Bancorporation of Alabama | 13.34% | 18.86% | 25.45% | ★★★★★☆ |
| Valhi | 38.71% | 2.57% | -19.76% | ★★★★★☆ |
| FRMO | 0.17% | 12.99% | 23.62% | ★★★★☆☆ |
Let's review some notable picks from our screened stocks.
Bel Fuse
Simply Wall St Value Rating: ★★★★★★
Overview: Bel Fuse Inc. designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits with a market cap of $917.13 million.
Operations: Bel Fuse generates revenue from three primary segments: Magnetic Solutions ($82.92 million), Connectivity Solutions ($214.44 million), and Power Solutions and Protection ($262.63 million).
Bel Fuse, a small-cap player in the electronics industry, has seen its debt-to-equity ratio drop from 62.7% to 16.8% over the past five years. Despite trading at 20% below its estimated fair value, earnings have taken a hit with a -9.3% growth last year, mirroring industry trends. The company repurchased 235,500 shares for US$14.18 million recently and announced dividends of $0.06 and $0.07 per share for Class A and B shares respectively.
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Delve into the full analysis health report here for a deeper understanding of Bel Fuse.
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Examine Bel Fuse's past performance report to understand how it has performed in the past.
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 $1.39 billion.
Operations: Cricut generates revenue primarily through the sale of its creativity platform products and related accessories. Its cost structure includes expenses associated with production, marketing, and distribution. The company has reported a gross profit margin of 50.12%.
Cricut has recently been added to multiple Russell indexes, highlighting its growing market presence. The company reported a net income of US$19.77 million for Q2 2024, up from US$16.02 million the previous year, with diluted EPS rising to US$0.09 from US$0.07. Cricut repurchased 1,406,983 shares for US$8.86 million between May and June 2024. Despite a revenue drop to US$167.95 million from last year's US$177.77 million, it remains debt-free and trades at 43% below estimated fair value.