Hidden Opportunities in US Stocks for October 2024
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In the last week, the United States market has remained flat, yet over the past 12 months, it has experienced a notable rise of 34%. With earnings expected to grow by 15% per annum over the next few years, identifying stocks with strong fundamentals and growth potential can uncover hidden opportunities in this dynamic environment.
Top 10 Undiscovered Gems With Strong Fundamentals In The United States
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Morris State Bancshares | 10.20% | -0.28% | 6.97% | ★★★★★★ |
| Teekay | NA | -6.48% | 55.79% | ★★★★★★ |
| Mission Bancorp | 25.37% | 16.23% | 20.16% | ★★★★★★ |
| Omega Flex | NA | 1.31% | 3.88% | ★★★★★★ |
| First Northern Community Bancorp | NA | 7.12% | 10.04% | ★★★★★★ |
| Banco Latinoamericano de Comercio Exterior S. A | 311.64% | 21.07% | 24.77% | ★★★★★☆ |
| United Bancorporation of Alabama | 13.34% | 18.86% | 25.45% | ★★★★★☆ |
| Valhi | 38.71% | 2.57% | -19.76% | ★★★★★☆ |
| Tiptree | 68.59% | 20.55% | 20.06% | ★★★★★☆ |
| FRMO | 0.17% | 12.99% | 23.62% | ★★★★☆☆ |
Here we highlight a subset of our preferred stocks from the screener.
First Internet Bancorp
Simply Wall St Value Rating: ★★★★★★
Overview: First Internet Bancorp is the bank holding company for First Internet Bank of Indiana, offering a range of banking products and services to individuals and businesses across the United States, with a market cap of $287.86 million.
Operations: First Internet Bancorp generates revenue primarily through its commercial banking segment, which accounts for $101.42 million.
First Internet Bancorp, with total assets of US$5.3 billion and equity of US$372 million, stands out in the banking sector. Its earnings growth over the past year hit 18.2%, surpassing the industry's -15.9%. The company has a solid allowance for bad loans at 0.3% of total loans and boasts primarily low-risk funding sources, which make up 86% of liabilities through customer deposits. Recently, it declared a quarterly dividend of $0.06 per share payable in October 2024.
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Explore historical data to track First Internet Bancorp's performance over time in our Past section.
Centrus Energy
Simply Wall St Value Rating: ★★★★★☆
Overview: Centrus Energy Corp. is a company that supplies nuclear fuel components and services to the nuclear power industry globally, with a market cap of approximately $973.38 million.
Operations: Centrus Energy generates revenue primarily from its Low-Enriched Uranium (LEU) segment, contributing $320.80 million, and Technical Solutions, adding $71.80 million. The company experienced a segment adjustment of -$5 million impacting overall revenue figures.