Yahoo Finance June Growth Opportunities – Emblem And More
Want to add more growth to your portfolio but not sure where to look? Companies such as Emblem and SEMAFO are deemed high-growth by the market, with a positive outlook in all areas – returns, profitability and cash flows. I would suggest taking a look at my list of companies that compare favourably in all criteria, and consider whether they would add value to your current portfolio.
Emblem Corp. (TSXV:EMC)
Emblem Corp. produces, distributes, and sells medical cannabis and cannabis derivatives in Canada. The company provides employment to 42 people and with the market cap of CAD CA$183.73M, it falls under the small-cap category.
EMC’s projected future profit growth is an exceptional triple-digit, with an underlying triple-digit 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. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 4.92%. EMC ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Interested to learn more about EMC? Other fundamental factors you should also consider can be found here.
SEMAFO Inc. (TSX:SMF)
SEMAFO Inc., a mining company, engages in the exploration, development, and operation of gold properties in West Africa. Formed in 1994, and now run by Benoit Desormeaux, the company now has 1,034 employees and with the company’s market cap sitting at CAD CA$1.16B, it falls under the small-cap group.
SMF’s projected future profit growth is an exceptional 78.82%, with an underlying triple-digit growth from its revenues expected over the upcoming years. An affirming signal is when net income increase is supported by top-line growth. Since net income isn’t artificially inflated by one-off initiatives such as cost-cutting, we know this profit growth is more likely to be sustainable. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 11.71%. SMF’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Could this stock be your next pick? Have a browse through its key fundamentals here.
Ballard Power Systems Inc. (TSX:BLDP)
Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products worldwide. Established in 1979, and now run by R. MacEwen, the company provides employment to 395 people and with the market cap of CAD CA$700.56M, it falls under the small-cap stocks category.
BLDP is expected to deliver an extremely high earnings growth over the next couple of years of 71.95%, driven by a positive revenue growth of 29.89% and cost-cutting initiatives. Though some cost-cutting activities may artificially inflate margins, it appears that this isn’t solely the case here, as profit growth is also coupled with top-line expansion. BLDP’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Could this stock be your next pick? Have a browse through its key fundamentals 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.
