Yahoo Finance Best High Growth NasdaqGS Stocks This Week
Investors seeking to increase their exposure to growth should consider companies such as Trevena and Redfin. Analysts are generally optimistic about the future of these stocks, based on how much they’re expected to earn and return. Analysing the most recent financial data, I’ve created a list of companies that compare favourably in all criteria, making them potentially good additions to your portfolio.
Trevena, Inc. (NASDAQ:TRVN)
Trevena, Inc., a biopharmaceutical company, develops therapies based on breakthrough science to benefit patients and healthcare providers confronting serious medical conditions. Established in 2007, and currently run by Maxine Gowen, the company employs 51 people and with the company’s market capitalisation at USD $123.02M, we can put it in the small-cap category.
Interested to learn more about TRVN? I recommend researching its fundamentals here.
Redfin Corporation (NASDAQ:RDFN)
Redfin Corporation operates as a real estate brokerage company in the United States. Formed in 2002, and headed by CEO Glenn Kelman, the company size now stands at 2,422 people and with the company’s market cap sitting at USD $1.88B, it falls under the small-cap group.
RDFN’s projected future profit growth is an exceptional 52.37%, with an underlying 65.06% growth from its revenues expected over the upcoming 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. Moreover, the substantial growth of over 100% in operating cash flows shows that a decent part of earnings is driven by robust cash generation from operational activities, not one-off or non-core activities. RDFN ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Should you add RDFN to your portfolio? Other fundamental factors you should also consider can be found here.
GDS Holdings Limited (NASDAQ:GDS)
GDS Holdings Limited, together with its subsidiaries, designs, builds, and operates data centers in the People’s Republic of China. Established in 2006, and currently run by William Huang, the company size now stands at 740 people and has a market cap of USD $4.90B, putting it in the mid-cap stocks category.
GDS’s forecasted bottom line growth is an exceptional 84.46%, driven by underlying sales, which is expected to more than double, 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 positive return on equity of 3.20%. GDS’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 GDS to your portfolio? Other fundamental factors you should also consider can be found here.
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.
