Best Growth Stock in April

Robust, high-growth companies such as Bass Metals are appealing to investors for many reasons. They bring about a strong upside to your portfolio, and less downside risk as opposed to financially challenged companies. 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.

Bass Metals Limited (ASX:BSM)

Bass Metals Limited engages in graphite mining. The company size now stands at 130 people and has a market cap of AUD A$62.14M, putting it in the small-cap stocks category.

BSM is expected to deliver an extremely high earnings growth over the next couple of years of 77.77%, bolstered by a significant revenue which is expected to more than double. It appears that BSM’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. BSM’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Want to know more about BSM? Check out its fundamental factors here.

ASX:BSM Future Profit Apr 12th 18
ASX:BSM Future Profit Apr 12th 18

Medibio Limited (ASX:MEB)

Medibio Limited, a medical technology company, engages in the research, development, and commercialization of medical diagnostic technology for mental health based on circadian heart rate data in Australia. Medibio was started in 1998 and with the stock’s market cap sitting at AUD A$38.08M, it comes under the small-cap group.

MEB’s forecasted bottom line growth is an exceptional triple-digit, driven by underlying sales, which is expected to more than double, over the next few years. It appears that MEB’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 13.58%. MEB ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Could this stock be your next pick? Take a look at its other fundamentals here.

ASX:MEB Future Profit Apr 12th 18
ASX:MEB Future Profit Apr 12th 18

Smart Parking Limited (ASX:SPZ)

Smart Parking Limited provides parking technology and management solutions in New Zealand, Australia, the United Kingdom, and internationally. Smart Parking is run by CEO Paul Gillespie. With the stock’s market cap sitting at AUD A$162.42M, it falls under the small-cap stocks category

SPZ’s projected future profit growth is an exceptional 63.47%, with an underlying 48.42% growth from its revenues expected over the upcoming years. 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 high top-line expansion. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a high double-digit return on equity of 25.00%. SPZ’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. Thinking of investing in SPZ? Other fundamental factors you should also consider can be found here.