Undiscovered Gems in United States To Watch This September 2024

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The market is up 1.0% over the last week and has climbed 28% in the past year, with earnings expected to grow by 15% per annum over the next few years. In this thriving environment, identifying stocks with strong fundamentals and growth potential can be particularly rewarding for investors seeking undiscovered gems.

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%

★★★★★☆

Innovex International

19.92%

29.88%

40.68%

★★★★★☆

San Juan Basin Royalty Trust

NA

33.61%

35.00%

★★★★★☆

Valhi

38.71%

2.57%

-19.76%

★★★★★☆

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.

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

Cricut

Simply Wall St Value Rating: ★★★★★★

Overview: Cricut, Inc. designs, markets, and distributes a creativity platform for crafting professional-looking handmade goods and has a market cap of $1.37 billion.

Operations: Cricut generates revenue through the sale of its creativity platform and associated products. The company's cost structure includes expenses related to design, marketing, and distribution.

Cricut, a small cap company in the Consumer Durables industry, has shown notable performance despite some challenges. Trading at 44.5% below its estimated fair value, it reported net income of US$19.77 million for Q2 2024, up from US$16.02 million a year ago. The company repurchased 1.41 million shares worth US$8.86 million between May and June 2024 and boasts no debt compared to five years ago when its debt-to-equity ratio was 49.9%.

NasdaqGS:CRCT Earnings and Revenue Growth as at Sep 2024
NasdaqGS:CRCT Earnings and Revenue Growth as at Sep 2024

Hovnanian Enterprises

Simply Wall St Value Rating: ★★★★☆☆

Overview: Hovnanian Enterprises, Inc., with a market cap of $1.34 billion, designs, constructs, markets, and sells residential homes in the United States through its subsidiaries.

Operations: Hovnanian Enterprises generates revenue primarily from its homebuilding segments, with the West region contributing $1.37 billion, the Northeast $989.39 million, and the Southeast $474.97 million. The financial services segment adds another $70.40 million to its revenue stream.