Investors tend to look for stocks that have a strong future outlook. Why invest in something that will grow slower than the rest of the market? In terms of profitability and returns, stocks such as Ceapro and Great Panther Silver are expected to outperform its peers in the future. Whether it be a well-known tech stock or a risky small-cap, I believe diversification towards growth can add value to your current holdings. Below I’ve compiled a list of stocks with a bright future ahead.
Ceapro Inc. (TSXV:CZO)
Ceapro Inc., a biotechnology company, engages in developing and commercializing functionally active ingredients for human and animal health markets through the use of proprietary technology and renewable and sustainable resources. Ceapro was founded in 1997 and with the stock’s market cap sitting at CAD CA$42.31M, it comes under the small-cap stocks category.
CZO’s projected future profit growth is an exceptional triple-digit, with an underlying 76.41% growth from its revenues expected over the upcoming years. It appears that CZO’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. CZO ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Want to know more about CZO? Check out its fundamental factors here.
Great Panther Silver Limited (TSX:GPR)
Great Panther Silver Limited, a silver mining and exploration company, engages in the mining of mineral properties in Mexico. Established in 1965, and now run by James Bannantine, the company employs 340 people and with the market cap of CAD CA$250.86M, it falls under the small-cap stocks category.
Interested to learn more about GPR? I recommend researching its fundamentals here.
Boyd Group Income Fund (TSX:BYD.UN)
Boyd Group Income Fund operates as an unincorporated open-ended mutual fund trust in North America. The company employs 6646 people and with the company’s market capitalisation at CAD CA$1.88B, we can put it in the small-cap group.
BYD.UN’s forecasted bottom line growth is an exceptional triple-digit, driven by the underlying double-digit sales growth of 32.23% over the next few years. Although reduction in cost is not the most sustainable operational activity, the expanding top-line growth, on the other hand, is encouraging. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 18.87%. BYD.UN’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. Could this stock be your next pick? Check out its fundamental factors here.For more financially robust companies with high growth potential to enhance your portfolio, use our free platform to explore our interactive list of these stocks.