High Growth ASX Stocks

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Saracen Mineral Holdings is one of many stocks the market is bullish on. Its expected double-digit top-line and bottom-line growth exceeds its peers, and its financially stable position lessens the chances of risk. If your holdings could benefit from diversification towards growth stocks, whether it be in reputable tech stocks or green small-caps, take a look at my list of stocks with a bright future ahead.

Saracen Mineral Holdings Limited (ASX:SAR)

Saracen Mineral Holdings Limited engages in the gold mining business in Australia. The company size now stands at 317 people and has a market cap of AUD A$1.45B, putting it in the small-cap category.

An outstanding 33.03% earnings growth is forecasted for SAR, driven by an underlying sales growth of 16.68% over the next few years. Profit growth, coupled with top-line expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a high double-digit return on equity of 25.95%. SAR’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. A potential addition to your portfolio? Have a browse through its key fundamentals here.

ASX:SAR Future Profit Apr 1st 18
ASX:SAR Future Profit Apr 1st 18

Paragon Care Limited (ASX:PGC)

Paragon Care Limited supplies durable medical equipment, medical devices, and consumable medical products to the acute, aged, primary, community, and hospital care markets in Australia and New Zealand. Paragon Care is currently run by Andrew Just. With the stock’s market cap sitting at AUD A$194.37M, it comes under the small-cap category

PGC is expected to deliver a buoyant earnings growth over the next couple of years of 28.96%, bolstered by an equally impressive revenue growth of 78.14%. Profit growth, coupled with top-line expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 13.88%. PGC ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Thinking of investing in PGC? Other fundamental factors you should also consider can be found here.

ASX:PGC Future Profit Apr 1st 18
ASX:PGC Future Profit Apr 1st 18

PWR Holdings Limited (ASX:PWH)

PWR Holdings Limited designs, engineers, produces, tests, validates, and sells customized aluminum cooling products and solutions in Australia and internationally. Formed in 1987, and currently lead by Kees Weel, the company employs 203 people and has a market cap of AUD A$242.00M, putting it in the small-cap group.

Extreme optimism for PWH, as market analysts projected an outstanding earnings growth rate of 21.83% for the stock, supported by a double-digit sales growth of 28.10%. Profit growth, coupled with top-line expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 29.07%. PWH’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. Should you add PWH to your portfolio? Have a browse through its key fundamentals here.

ASX:PWH Future Profit Apr 1st 18
ASX:PWH Future Profit Apr 1st 18

For more financially robust companies with high growth potential to enhance your portfolio, explore this interactive list of fast growing companies.


To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.

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