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Experience Co and Bingo Industries are a few noticeable companies with a strong future outlook. The market’s optimistic sentiment towards these stocks indicates a level of confidence in the future outlook of their businesses. 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.
Experience Co Limited (ASX:EXP)
Experience Co Limited, an adventure tourism and leisure company, provides tandem skydiving services. Formed in 1998, and currently lead by Anthony Ritter, the company employs 200 people and with the company’s market cap sitting at AUD A$400.18M, it falls under the small-cap stocks category.
EXP’s forecasted bottom line growth is an optimistic 36.09%, driven by the underlying 69.79% sales growth over the next few years. It appears that EXP’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 13.28%. EXP’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Should you add EXP to your portfolio? Take a look at its other fundamentals here.
Bingo Industries Limited (ASX:BIN)
Bingo Industries Limited, together with its subsidiaries, provides waste management solutions for domestic and commercial businesses in Australia. The company was established in 2017 and with the company’s market cap sitting at AUD A$1.03B, it falls under the small-cap stocks category.
BIN’s forecasted bottom line growth is an optimistic double-digit 22.59%, driven by the underlying 82.03% sales growth over the next few years. It appears that BIN’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 return on equity coming in at a notable 29.94%. BIN’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. Should you add BIN to your portfolio? Have a browse through its key fundamentals here.
Janison Education Group Limited (ASX:JAN)
Janison Solutions Pty Ltd provides integrated learning and digital assessment software. Founded in 1998, and now led by CEO Thomas Richardson, the company currently employs 1,000 people and with the stock’s market cap sitting at AUD A$48.62M, it comes under the small-cap stocks category.