Undiscovered Gems in the United States to Watch This August 2024

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Over the last 7 days, the United States market has remained flat, yet it is up 22% over the past year with earnings expected to grow by 15% per annum over the next few years. In this promising environment, identifying lesser-known stocks with strong fundamentals and growth potential can be a rewarding strategy for investors.

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%

★★★★★★

Teekay

NA

-6.48%

55.79%

★★★★★★

Mission Bancorp

25.37%

16.23%

20.16%

★★★★★★

Omega Flex

NA

1.31%

3.88%

★★★★★★

First Northern Community Bancorp

NA

7.12%

10.04%

★★★★★★

United Bancorporation of Alabama

13.34%

18.86%

25.45%

★★★★★☆

Planet Image International

119.30%

2.39%

0.80%

★★★★★☆

Valhi

38.71%

2.57%

-19.76%

★★★★★☆

FRMO

0.17%

12.99%

23.62%

★★★★☆☆

Click here to see the full list of 221 stocks from our US Undiscovered Gems With Strong Fundamentals screener.

We'll examine a selection from our screener results.

Republic Bancorp

Simply Wall St Value Rating: ★★★★★★

Overview: Republic Bancorp, Inc. operates as a bank holding company for Republic Bank & Trust Company, offering a range of banking products and services in the United States, with a market cap of approximately $1.24 billion.

Operations: Republic Bancorp generates revenue primarily from Core Banking - Traditional Banking ($223.15 million), Republic Credit Solutions ($39.93 million), and Tax Refund Solutions ($22.68 million). The company also earns from Warehouse Lending ($9.91 million) and Republic Payment Solutions ($17.85 million).

Republic Bancorp, with total assets of US$6.6B and equity of US$955.4M, offers a solid financial foundation. Total deposits stand at US$5.1B while loans are at US$5.2B, supported by a net interest margin of 4.9%. The bank has an appropriate level of bad loans (0.4%) and a sufficient allowance for bad loans (393%). Recent earnings show net income rose to US$25.21M in Q2 2024 from US$21.05M last year, reflecting high-quality earnings growth by 10.8%.

NasdaqGS:RBCA.A Earnings and Revenue Growth as at Aug 2024
NasdaqGS:RBCA.A Earnings and Revenue Growth as at Aug 2024

Tennant

Simply Wall St Value Rating: ★★★★★★

Overview: Tennant Company, along with its subsidiaries, designs, manufactures, and markets floor cleaning equipment globally across the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions and has a market cap of approximately $1.81 billion.

Operations: Tennant generates revenue primarily from the design, manufacture, and sale of products used in the maintenance of nonresidential surfaces, amounting to $1.26 billion. The company has a market cap of approximately $1.81 billion.