November Top Growth Companies

Sunstone Metals is one of many stocks the market is bullish on. Its expected double-digit top-line and bottom-line growth exceeds its peers, and its financially stable position lessens the chances of risk. If a buoyant growth prospect is what you’re after in your next investment, I’ve put together a list of high-growth stocks you may be interested in, based on the latest financial data from each company.

Sunstone Metals Limited (ASX:STM)

Sunstone Metals Limited engages in the evaluation and exploration of mineral properties. Sunstone Metals is headed by CEO Malcolm Norris. With the stock’s market cap sitting at AUD A$20.38M, it falls under the small-cap category

STM’s projected future profit growth is an exceptional 54.99%, with an underlying triple-digit growth from its revenues expected over the upcoming 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 11.95%. STM’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. Want to know more about STM? Take a look at its other fundamentals here.

ASX:STM Future Profit Nov 3rd 17
ASX:STM Future Profit Nov 3rd 17

RedFlow Limited (ASX:RFX)

RedFlow Limited develops, manufactures, and sells zinc-bromide flowing electrolyte battery modules worldwide. Established in 2005, and run by CEO Richard Aird, the company now has 37 employees and with the market cap of AUD A$53.99M, it falls under the small-cap category.

RFX’s projected future profit growth is an exceptional 93.03%, with an underlying triple-digit growth from its revenues expected over the upcoming years. It appears that RFX’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 18.71%. RFX ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Interested to learn more about RFX? Take a look at its other fundamentals here.

ASX:RFX Future Profit Nov 3rd 17
ASX:RFX Future Profit Nov 3rd 17

Audinate Group Limited (ASX:AD8)

Audinate Group Limited provides professional digital audio networking technologies worldwide. Audinate Group was formed in 2003 and with the company’s market cap sitting at AUD A$139.76M, it falls under the small-cap group.

An outstanding 100.00% earnings growth is forecasted for AD8, driven by the underlying 51.37% sales growth over the next few years. It appears that AD8’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. AD8’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Want to know more about AD8? I recommend researching its fundamentals here.

ASX:AD8 Future Profit Nov 3rd 17
ASX:AD8 Future Profit Nov 3rd 17

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.