Discovering November 2024's Undiscovered Gems in the United States

In This Article:

The United States market has shown robust performance, climbing by 2.2% over the past week with every sector experiencing gains, and achieving a remarkable 32% increase over the last year. In this thriving environment, identifying stocks that exhibit strong growth potential and align well with anticipated earnings growth can uncover promising opportunities for investors seeking undiscovered gems.

Top 10 Undiscovered Gems With Strong Fundamentals In The United States

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Eagle Financial Services

170.75%

12.30%

1.92%

★★★★★★

Wilson Bank Holding

NA

7.87%

8.22%

★★★★★★

Parker Drilling

46.25%

-0.33%

53.04%

★★★★★★

Morris State Bancshares

17.84%

4.83%

6.58%

★★★★★★

Omega Flex

NA

0.39%

2.57%

★★★★★★

First Northern Community Bancorp

NA

7.65%

11.17%

★★★★★★

Teekay

NA

-3.71%

60.91%

★★★★★★

ASA Gold and Precious Metals

NA

7.11%

-35.88%

★★★★★☆

Pure Cycle

5.31%

-4.44%

-5.74%

★★★★★☆

FRMO

0.13%

19.43%

29.70%

★★★★☆☆

Click here to see the full list of 228 stocks from our US Undiscovered Gems With Strong Fundamentals screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Montauk Renewables

Simply Wall St Value Rating: ★★★★★★

Overview: Montauk Renewables, Inc. is a renewable energy company focused on the recovery and processing of biogas from landfills and other non-fossil fuel sources, with a market cap of $636.18 million.

Operations: Montauk Renewables generates revenue primarily from Renewable Natural Gas (RNG) at $176.70 million and Renewable Electricity Generation (REG) at $18.15 million.

Montauk Renewables, a player in the renewable energy sector, shows promise with its focus on biogas recovery from landfills. Recent earnings for Q3 2024 revealed sales of US$65.92 million and net income of US$17.05 million, both up from the previous year. The company's debt management is robust with a net debt to equity ratio at 0.8%, while interest payments are well covered by EBIT at 5.5 times coverage. Despite challenges like weather impacts and market price shifts, Montauk's strategic projects and partnerships could bolster future growth prospects significantly within this dynamic industry landscape.

NasdaqCM:MNTK Debt to Equity as at Nov 2024
NasdaqCM:MNTK Debt to Equity as at Nov 2024

XPEL

Simply Wall St Value Rating: ★★★★★★

Overview: XPEL, Inc. is a company that specializes in selling, distributing, and installing protective films and coatings globally, with a market capitalization of approximately $1.26 billion.

Operations: XPEL generates revenue primarily from its Auto Parts & Accessories segment, which contributed $418.41 million. The company's financial performance is highlighted by a focus on this core segment, impacting overall profitability and growth strategies.