Top High Growth Stocks This Week

Frontier Digital Ventures 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. Analysing the most recent financial data, I’ve created a list of companies that compare favourably in all criteria, making them potentially good additions to your portfolio.

Frontier Digital Ventures Limited (ASX:FDV)

Frontier Digital Ventures Limited is a private equity firm specializing in investing in and developing online classifieds business. Frontier Digital Ventures was established in 2014 and with the company’s market capitalisation at AUD A$166.05M, we can put it in the small-cap category.

FDV’s projected future profit growth is an exceptional 60.52%, with an underlying triple-digit growth from its revenues expected over the upcoming years. Profit growth, coupled with top-line expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. Furthermore, the 84.30% growth in operating cash flows indicates that a large portion of this earnings increase is high-quality, day-to-day cash generated by the business, rather than one-offs. FDV’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Could this stock be your next pick? Check out its fundamental factors here.

ASX:FDV Future Profit Mar 10th 18
ASX:FDV Future Profit Mar 10th 18

ImpediMed Limited (ASX:IPD)

ImpediMed Limited, together with its subsidiaries, engages in the development, manufacture, and sale of bioimpedance devices and consumables in Australia, North America, Europe, and internationally. Founded in 1999, and now run by Richard Carreon, the company size now stands at 76 people and with the company’s market capitalisation at AUD A$277.89M, we can put it in the small-cap category.

IPD’s projected future profit growth is an exceptional 85.84%, 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. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 1.55%. IPD ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Could this stock be your next pick? I recommend researching its fundamentals here.

ASX:IPD Future Profit Mar 10th 18
ASX:IPD Future Profit Mar 10th 18

Range International Limited (ASX:RAN)

Range International Limited manufactures and sells plastic pallets made from recycled mixed waste plastic. Range International was established in 2002 and with the company’s market capitalisation at AUD A$9.45M, we can put it in the small-cap category.

RAN’s projected future profit growth is an exceptional 93.25%, with an underlying triple-digit growth from its revenues expected over the upcoming years. Profit growth, coupled with top-line expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 0.88%. RAN’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. Considering RAN as a potential investment? Take a look at its other fundamentals here.

ASX:RAN Future Profit Mar 10th 18
ASX:RAN Future Profit Mar 10th 18

For more financially robust companies with high growth potential to enhance your portfolio, explore this interactive list of fast growing companies.