Companies such as Blue Sky Alternative Investments and Pacific Current Group have a significantly positive future outlook on the basis of their profitability and returns. Investors seeking to enhance their portfolio should consider these financially stable, high-growth stocks. Below I’ve put together a list of great potential investments for you to consider adding to your portfolio if growth is a dimension you would like to firm up.
Blue Sky Alternative Investments Limited (ASX:BLA)
Blue Sky Alternative Investments Limited is a private equity firm. Blue Sky Alternative Investments was formed in 2006 and with the company’s market cap sitting at AUD A$1.00B, it falls under the small-cap category.
BLA’s forecasted bottom line growth is an exceptional triple-digit, driven by the underlying 60.32% sales growth over the next few years. Profit growth, coupled with top-line expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 25.85%. BLA’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Could this stock be your next pick? Other fundamental factors you should also consider can be found here.
Pacific Current Group Limited (ASX:PAC)
Pacific Current Group Limited engages in multi-boutique asset management business worldwide. Founded in 2001, and headed by CEO , the company size now stands at 21 people and has a market cap of AUD A$352.55M, putting it in the small-cap category.
Extreme optimism for PAC, as market analysts projected an outstanding earnings growth rate of 92.78% for the stock, supported by an equally strong sales growth of 98.86%. An affirming signal is when net income increase is supported by top-line growth. Since net income isn’t artificially inflated by one-off initiatives such as cost-cutting, we know this profit growth is more likely to be sustainable. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 9.45%. PAC’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. A potential addition to your portfolio? Have a browse through its key fundamentals here.
Nearmap Ltd (ASX:NEA)
Nearmap Ltd provides online aerial photomapping services in Australia and the United States. Nearmap was founded in 2000 and with the market cap of AUD A$232.03M, it falls under the small-cap stocks category.