Unveiling August 2024's Hidden Gems in the United States

In This Article:

The market is up 2.9% in the last 7 days, with all sectors gaining ground. In the last year, the market has climbed 17%, and earnings are expected to grow by 15% per annum over the next few years. In such a robust environment, identifying stocks that combine strong fundamentals with growth potential can be particularly rewarding for investors seeking hidden 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%

-0.32%

6.73%

★★★★★★

Jiayin Group

NA

23.46%

30.79%

★★★★★★

Mission Bancorp

25.37%

16.23%

20.16%

★★★★★★

Gravity

NA

15.31%

24.42%

★★★★★★

Teekay

NA

-6.48%

55.79%

★★★★★★

Omega Flex

NA

1.31%

3.88%

★★★★★★

First Northern Community Bancorp

NA

7.12%

10.04%

★★★★★★

Valhi

38.71%

2.57%

-19.76%

★★★★★☆

CSP

2.17%

-5.57%

73.73%

★★★★★☆

FRMO

0.19%

6.49%

15.82%

★★★★☆☆

Click here to see the full list of 223 stocks from our US Undiscovered Gems With Strong Fundamentals screener.

Let's explore several standout options from the results in the screener.

BitFuFu

Simply Wall St Value Rating: ★★★★☆☆

Overview: BitFuFu Inc. offers digital asset mining and cloud-mining services in Singapore, with a market cap of $729.80 million.

Operations: The company generates revenue primarily from its Internet Software & Services segment, amounting to $370.55 million.

BitFuFu has shown remarkable earnings growth of 2285.5% over the past year, significantly outpacing the Software industry average of 23.3%. Despite its high volatility in share price recently, BitFuFu's net debt to equity ratio stands at a satisfactory 13.1%, and its interest payments are well covered by EBIT with a coverage ratio of 4.5x. Recent board changes include appointing Huaiyu Liu and Joshua Kewei Cui as independent directors, bringing extensive financial expertise to the company’s leadership team.

NasdaqCM:FUFU Earnings and Revenue Growth as at Aug 2024
NasdaqCM:FUFU Earnings and Revenue Growth as at Aug 2024

Sezzle

Simply Wall St Value Rating: ★★★★★☆

Overview: Sezzle Inc. is a technology-enabled payments company operating mainly in the United States and Canada, with a market cap of $651.87 million.

Operations: Sezzle generates revenue primarily from lending to end-customers, totaling $192.69 million.

Sezzle, a rising player in the financial sector, has shown impressive earnings growth of 434.8% over the past year, outpacing its industry peers. Its debt to equity ratio improved significantly from 1676.6% to 137% over five years, indicating better financial health. Recently added to multiple Russell indexes and reporting a net income of US$29.7 million for Q2 2024 compared to US$1.14 million last year, Sezzle is gaining traction with strategic partnerships like the Minnesota Timberwolves deal and new product features such as Spanish-language support on its app.