Discovering August 2024's Hidden Gems in the United States
In This Article:
The market has climbed 3.1% in the last 7 days, led by a gain of 4.4%. In the last year, the market has climbed 25%, with earnings forecast to grow by 15% annually. In this thriving environment, identifying stocks with strong fundamentals and growth potential can be particularly rewarding for investors looking to capitalize on current trends.
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% | ★★★★★★ |
| River Financial | 122.41% | 16.43% | 18.50% | ★★★★★★ |
| San Juan Basin Royalty Trust | NA | 39.20% | 40.92% | ★★★★★★ |
| Teekay | NA | -6.48% | 55.79% | ★★★★★★ |
| Mission Bancorp | 25.37% | 16.23% | 20.16% | ★★★★★★ |
| First Northern Community Bancorp | NA | 7.12% | 10.04% | ★★★★★★ |
| Omega Flex | NA | 1.31% | 3.88% | ★★★★★★ |
| Associated Capital Group | NA | -7.78% | 8.48% | ★★★★★★ |
| Valhi | 38.71% | 2.57% | -19.76% | ★★★★★☆ |
| FRMO | 0.17% | 12.99% | 23.62% | ★★★★☆☆ |
Let's review some notable picks from our screened stocks.
Merchants Bancorp
Simply Wall St Value Rating: ★★★★★☆
Overview: Merchants Bancorp operates as a diversified bank holding company in the United States, with a market cap of approximately $1.99 billion.
Operations: The company generates revenue primarily from Banking ($324.39 million), Mortgage Warehousing ($132.25 million), and Multi-Family Mortgage Banking ($155.67 million).
Merchants Bancorp, with total assets of $18.2 billion and equity of $1.9 billion, has reported significant earnings growth of 40.6% over the past year, outpacing the industry average of 12.5%. Total deposits stand at $14.9 billion while loans are at $10.9 billion with a net interest margin of 3.1%. However, it has an insufficient allowance for bad loans at 1.3% and shareholders faced dilution in the past year despite trading well below fair value estimates by 60%.
Himax Technologies
Simply Wall St Value Rating: ★★★★★☆
Overview: Himax Technologies, Inc. is a fabless semiconductor company that provides display imaging processing technologies across China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States with a market cap of $1.03 billion (USD).
Operations: Himax Technologies generates revenue from its display imaging processing technologies across various regions, including China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company's market cap is $1.03 billion (USD).