Undiscovered Gems in the United States for October 2024
In This Article:
Over the last 7 days, the United States market has remained flat, yet it boasts a remarkable 39% increase over the past year, with earnings forecasted to grow by 15% annually. In this vibrant environment, identifying stocks that are poised for growth involves focusing on those with strong fundamentals and unique market positions that have not yet captured widespread attention.
Top 10 Undiscovered Gems With Strong Fundamentals In The United States
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Eagle Financial Services | 169.49% | 12.30% | 1.92% | ★★★★★★ |
| Shore Bancshares | 23.15% | 24.96% | 10.17% | ★★★★★★ |
| Omega Flex | NA | 1.31% | 3.88% | ★★★★★★ |
| Teekay | NA | -6.48% | 55.79% | ★★★★★★ |
| First Northern Community Bancorp | NA | 7.12% | 10.04% | ★★★★★★ |
| Banco Latinoamericano de Comercio Exterior S. A | 311.64% | 21.07% | 24.77% | ★★★★★☆ |
| ASA Gold and Precious Metals | NA | 7.11% | -35.88% | ★★★★★☆ |
| Valhi | 38.71% | 2.57% | -19.76% | ★★★★★☆ |
| Chain Bridge Bancorp | 10.64% | 41.34% | 18.53% | ★★★★☆☆ |
| FRMO | 0.13% | 19.43% | 29.70% | ★★★★☆☆ |
Let's dive into some prime choices out of from the screener.
CTS
Simply Wall St Value Rating: ★★★★★★
Overview: CTS Corporation manufactures and sells sensors, actuators, and connectivity components across North America, Europe, and Asia with a market capitalization of approximately $1.45 billion.
Operations: CTS generates revenue primarily from its Electronic Components & Parts segment, amounting to $515.16 million.
CTS is carving a niche in the defense sector with its acquisition of SyQwest LLC, aiming to boost revenue and stabilize earnings. Despite a dip in sales from US$145.18 million to US$130.16 million year-over-year, net income rose from US$12.9 million to US$14.71 million, reflecting improved profitability with diluted EPS climbing from $0.41 to $0.48 per share for the quarter ending June 30, 2024. The company repurchased 399,814 shares for US$18.76 million this year, showing confidence in its value proposition amidst challenges like transportation market softness and integration hurdles from acquisitions.
Miller Industries
Simply Wall St Value Rating: ★★★★☆☆
Overview: Miller Industries, Inc. manufactures and sells towing and recovery equipment, with a market cap of $755.95 million.
Operations: The company generates revenue primarily from the Auto Manufacturers segment, totaling $1.29 billion.