Stocks that are expected to significantly grow their profitability in the future can add meaningful upside to your portfolio. Park Group and Symphony Environmental Technologies are examples of many high-growth stocks that the market believe will be upcoming outperformers. If your holdings could benefit from diversification towards growth stocks, whether it be in reputable tech stocks or green small-caps, take a look at my list of stocks with a bright future ahead.
Park Group plc (AIM:PKG)
Park Group plc provides prepaid gift cards, multi-retailer vouchers, and digital rewards services to corporate and consumer markets in the United Kingdom and Ireland. Formed in 1967, and headed by CEO Christopher Houghton, the company size now stands at 339 people and with the stock’s market cap sitting at GBP £162.60M, it comes under the small-cap category.
Could this stock be your next pick? Check out its fundamental factors here.
Symphony Environmental Technologies Plc (AIM:SYM)
Symphony Environmental Technologies plc, together with its subsidiaries, develops and supplies environmental plastic additives and products in the United Kingdom, Europe, the Americas, and internationally. Formed in 1995, and currently lead by Michael Laurier, the company size now stands at 28 people and with the stock’s market cap sitting at GBP £18.38M, it comes under the small-cap group.
SYM’s projected future profit growth is an exceptional triple-digit, with an underlying 22.45% 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. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 25.69%. SYM ticks the boxes for robust 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? Other fundamental factors you should also consider can be found here.
Victoria plc (AIM:VCP)
Victoria PLC designs, manufactures, and distributes flooring products primarily in the United Kingdom and Australia. Founded in 1895, and currently headed by CEO Philippe Hamers, the company provides employment to 1,800 people and with the company’s market cap sitting at GBP £973.87M, it falls under the small-cap stocks category.
Extreme optimism for VCP, as market analysts projected an outstanding earnings growth, which is expected to more than double, supported by a double-digit sales growth of 48.95%. Although reduction in cost is not the most sustainable operational activity, the expanding top-line growth, on the other hand, is encouraging. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a high double-digit return on equity of 22.35%. VCP’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Considering VCP as a potential investment? Take a look at its other fundamentals here.