Promising Undiscovered Gems in the United States for October 2024

In This Article:

The United States market has shown resilience, remaining flat over the last week but boasting a remarkable 30% increase over the past year, with earnings projected to grow by 15% annually. In such a dynamic environment, identifying promising stocks often involves looking for companies with strong fundamentals and growth potential that have yet to capture widespread attention.

Top 10 Undiscovered Gems With Strong Fundamentals In The United States

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

River Financial

122.41%

16.43%

18.50%

★★★★★★

Morris State Bancshares

10.20%

-0.28%

6.97%

★★★★★★

Mission Bancorp

25.37%

16.23%

20.16%

★★★★★★

Teekay

NA

-6.48%

55.79%

★★★★★★

First Northern Community Bancorp

NA

7.12%

10.04%

★★★★★★

Omega Flex

NA

1.31%

3.88%

★★★★★★

Banco Latinoamericano de Comercio Exterior S. A

311.64%

21.07%

24.77%

★★★★★☆

Valhi

38.71%

2.57%

-19.76%

★★★★★☆

Chain Bridge Bancorp

10.64%

41.34%

18.53%

★★★★☆☆

FRMO

0.17%

12.99%

23.62%

★★★★☆☆

Click here to see the full list of 219 stocks from our US Undiscovered Gems With Strong Fundamentals screener.

Let's explore several standout options from the results in the screener.

Apogee Enterprises

Simply Wall St Value Rating: ★★★★★★

Overview: Apogee Enterprises, Inc. specializes in providing architectural products and services for building enclosures, as well as glass and acrylic products for preservation and enhanced viewing, with a market cap of approximately $1.84 billion.

Operations: Apogee Enterprises generates revenue primarily through its Architectural Framing Systems ($553.30 million), Architectural Services ($397.99 million), and Architectural Glass ($363.96 million) segments, along with Large-Scale Optical products ($94.16 million).

Apogee Enterprises, a promising player in the building industry, has shown robust earnings growth of 26.6% annually over the last five years. Its net debt to equity ratio is a satisfactory 2%, reflecting prudent financial management. The company repurchased 170,498 shares recently for US$10.91 million and raised its earnings guidance despite forecasting a sales drop of up to 7%. With high-quality past earnings and EBIT covering interest payments by 39.5 times, Apogee seems well-positioned financially.

NasdaqGS:APOG Earnings and Revenue Growth as at Oct 2024
NasdaqGS:APOG Earnings and Revenue Growth as at Oct 2024

AMTD Digital

Simply Wall St Value Rating: ★★★★☆☆

Overview: AMTD Digital Inc. operates through its subsidiaries to provide digital solutions in financial and non-financial services, digital media, content and marketing services, as well as hotel operations and VIP services in Asia, with a market cap of $837.74 million.