Undiscovered Gems in United States Stocks for October 2024

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Over the last 7 days, the United States market has experienced a slight decline of 1.0%, yet it remains robust with a remarkable 38% increase over the past year and an optimistic forecast of 15% annual earnings growth. In this dynamic environment, identifying undiscovered gems involves seeking stocks that demonstrate resilience and potential for growth amidst fluctuating market conditions.

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%

★★★★★★

Franklin Financial Services

219.05%

5.55%

-1.86%

★★★★★★

Mission Bancorp

25.37%

16.23%

20.16%

★★★★★★

Teekay

NA

-6.48%

55.79%

★★★★★★

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%

★★★★☆☆

Click here to see the full list of 219 stocks from our US Undiscovered Gems With Strong Fundamentals screener.

We'll examine a selection from our screener results.

Northeast Community Bancorp

Simply Wall St Value Rating: ★★★★★★

Overview: Northeast Community Bancorp, Inc. is the holding company for NorthEast Community Bank, offering financial services to individuals and businesses, with a market cap of $326.61 million.

Operations: The company generates revenue primarily through its thrift and savings and loan institutions, amounting to $104.33 million.

Northeast Community Bancorp, with total assets of US$1.9 billion and equity of US$300 million, shows a solid financial footing. Its earnings growth over the past year was 26.2%, outpacing the industry average, and it maintains a net interest margin of 6.4%. The company has a sufficient allowance for bad loans at 112% and primarily relies on low-risk funding sources like customer deposits, which make up 96% of its liabilities. Recently, NECB announced an increase in its quarterly dividend to $0.15 per share and declared a special dividend, highlighting strong shareholder returns.

NasdaqCM:NECB Debt to Equity as at Oct 2024
NasdaqCM:NECB Debt to Equity as at Oct 2024

Waterstone Financial

Simply Wall St Value Rating: ★★★★★☆

Overview: Waterstone Financial, Inc. is a bank holding company for WaterStone Bank SSB, offering various financial services in southeastern Wisconsin, with a market cap of $271.95 million.

Operations: Waterstone Financial generates revenue primarily through interest income from loans and investments, alongside non-interest income from service charges and fees. The company's cost structure includes interest expenses on deposits and borrowings, as well as operating expenses related to personnel and facilities. Net profit margin trends can provide insights into the company's profitability over time.