Looking to enhance your portfolio with high-growth, financially-robust stocks, but not sure where you should even begin? Stocks such as Nearmap and NetComm Wireless are deemed to be superior in terms of how much they’re expected to earn and return to shareholders, according to analysts. Investment in growth companies can benefit your current holdings, whether it be in established tech giants or undiscovered micro-caps. Here, I’ve put together a few companies the market is particularly optimistic towards.
Nearmap Ltd (ASX:NEA)
Nearmap Ltd provides online aerial photomapping services in Australia and the United States. Nearmap was started in 2000 and with the company’s market cap sitting at AUD A$390.20M, it falls under the small-cap group.
NEA’s forecasted bottom line growth is an exceptional triple-digit, driven by the underlying 71.07% sales growth over the next few years. 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. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 2.28%. NEA’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. Considering NEA as a potential investment? Check out its fundamental factors here.
NetComm Wireless Limited (ASX:NTC)
NetComm Wireless Limited develops and sells broadband products for telecommunications carriers, core network providers, system integrators, and government and enterprise customers worldwide. The company was established in 1982 and with the market cap of AUD A$191.69M, it falls under the small-cap stocks category.
Driven by the exceptional 78.74% sales growth over the next few years, NTC is expected to deliver an excellent earnings growth of 60.02%. 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. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 18.44%. NTC’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Considering NTC as a potential investment? Take a look at its other fundamentals here.