May Growth Stocks To Look Out For

High growth companies such as Tidewater Midstream and Infrastructure and Guyana Goldfields has a positive future outlook in terms of their returns, profitability and cash flows. The prospects of these companies tend to outperform others, regardless of how the stock market is generally doing. 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.

Tidewater Midstream and Infrastructure Ltd. (TSX:TWM)

Tidewater Midstream and Infrastructure Ltd. Tidewater Midstream and Infrastructure was founded in 2015 and with the stock’s market cap sitting at CAD CA$427.82M, it comes under the small-cap category.

TWM’s projected future profit growth is a robust 37.99%, with an underlying 37.36% 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 10.74%. TWM’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Thinking of investing in TWM? I recommend researching its fundamentals here.

TSX:TWM Future Profit May 2nd 18
TSX:TWM Future Profit May 2nd 18

Guyana Goldfields Inc. (TSX:GUY)

Guyana Goldfields Inc. engages in the investment, acquisition, exploration, development, and operation of gold properties in Guyana, South America. Founded in 1994, and run by CEO Scott Caldwell, the company size now stands at 765 people and with the stock’s market cap sitting at CAD CA$863.09M, it comes under the small-cap category.

GUY’s forecasted bottom line growth is an optimistic 33.80%, driven by the underlying 67.35% sales growth over the next few 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 16.81%. GUY 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 GUY? I recommend researching its fundamentals here.

TSX:GUY Future Profit May 2nd 18
TSX:GUY Future Profit May 2nd 18

Alamos Gold Inc. (TSX:AGI)

Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. The company provides employment to 1752 people and has a market cap of CAD CA$2.70B, putting it in the mid-cap category.

AGI’s forecasted bottom line growth is an optimistic 49.41%, driven by the underlying double-digit sales growth of 30.72% over the next few 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. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 7.64%. AGI ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. A potential addition to your portfolio? Check out its fundamental factors here.

TSX:AGI Future Profit May 2nd 18
TSX:AGI Future Profit May 2nd 18

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