Discovering Undiscovered Gems in the United States This August 2024
In This Article:
In the last week, the market has been flat, but it is up 21% over the past year with earnings expected to grow by 15% per annum over the next few years. In such a dynamic environment, identifying stocks with strong fundamentals and growth potential can be particularly rewarding.
Top 10 Undiscovered Gems With Strong Fundamentals In The United States
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Hamilton Beach Brands Holding | 34.31% | 1.65% | 4.46% | ★★★★★★ |
| Morris State Bancshares | 10.20% | -0.32% | 6.73% | ★★★★★★ |
| River Financial | 122.41% | 16.43% | 18.50% | ★★★★★★ |
| Mission Bancorp | 25.37% | 16.23% | 20.16% | ★★★★★★ |
| Teekay | NA | -6.48% | 55.79% | ★★★★★★ |
| Omega Flex | NA | 1.31% | 3.88% | ★★★★★★ |
| First Northern Community Bancorp | NA | 7.12% | 10.04% | ★★★★★★ |
| Valhi | 38.71% | 2.57% | -19.76% | ★★★★★☆ |
| QDM International | 36.42% | 107.08% | 78.76% | ★★★★★☆ |
| FRMO | 0.17% | 12.99% | 23.62% | ★★★★☆☆ |
Let's explore several standout options from the results in the screener.
Republic Bancorp
Simply Wall St Value Rating: ★★★★★★
Overview: Republic Bancorp, Inc. operates as a bank holding company for Republic Bank & Trust Company, offering a range of banking products and services in the United States with a market cap of $1.23 billion.
Operations: Republic Bancorp generates revenue primarily through its Core Banking segment, with Traditional Banking contributing $223.15 million and Warehouse Lending adding $9.91 million. The Republic Processing Group (RPG) also plays a significant role, with Tax Refund Solutions generating $22.68 million, Republic Credit Solutions at $39.93 million, and Republic Payment Solutions at $17.85 million.
Republic Bancorp, with total assets of US$6.6 billion and equity of US$955.4 million, has shown notable performance. Total deposits stand at US$5.1 billion while loans amount to US$5.2 billion, reflecting a robust balance sheet. The bank's net interest margin is 4.9%, and it maintains an appropriate level of bad loans at 0.4%. Earnings grew by 10.8% over the past year, outpacing the industry average decline of -16%.
ScanSource
Simply Wall St Value Rating: ★★★★★★
Overview: ScanSource, Inc. distributes technology products and solutions across the United States, Canada, and internationally with a market cap of $1.18 billion (NasdaqGS:SCSC).
Operations: The company generates revenue through the distribution of technology products and solutions in North America and internationally. It has a market capitalization of $1.18 billion (NasdaqGS:SCSC).