Undiscovered Gems In United States To Watch October 2024

The United States market has shown robust performance, rising 1.2% over the last week and an impressive 35% over the past year, with earnings projected to grow by 15% annually. In this thriving environment, identifying stocks with strong fundamentals and growth potential can be key to uncovering hidden opportunities.

Top 10 Undiscovered Gems With Strong Fundamentals In The United States

Name	Debt To Equity	Revenue Growth	Earnings Growth	Health Rating
Morris State Bancshares	10.20%	-0.28%	6.97%	★★★★★★
River Financial	122.41%	16.43%	18.50%	★★★★★★
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	0.13%	19.43%	29.70%	★★★★☆☆

Click here to see the full list of 221 stocks from our US Undiscovered Gems With Strong Fundamentals screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Sezzle (NasdaqCM:SEZL)

Simply Wall St Value Rating: ★★★★★☆

Overview: Sezzle Inc. is a technology-enabled payments company operating mainly in the United States and Canada, with a market capitalization of $1.12 billion.

Operations: The company generates revenue primarily through lending to end-customers, amounting to $192.69 million.

Sezzle, a nimble player in the financial sector, has seen its debt to equity ratio shrink from 1676.6% to 137% over five years, indicating improved financial health. The company's earnings surged by 434.8% last year, eclipsing industry growth of 12.5%, and it boasts a satisfactory net debt to equity ratio of 21.6%. Recent strategic partnerships and raised earnings guidance underscore potential for continued momentum despite recent insider selling and share price volatility.

• Click here to discover the nuances of Sezzle with our detailed analytical health report.

• Assess Sezzle's past performance with our detailed historical performance reports.

Centrus Energy (NYSEAM:LEU)

Simply Wall St Value Rating: ★★★★★☆

Overview: Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry globally, with a market cap of approximately $1.26 billion.

Operations: Centrus Energy generates revenue primarily from its Low-Enriched Uranium (LEU) segment, contributing $320.80 million, and Technical Solutions, adding $71.80 million. The company reported a segment adjustment of -$5 million.

Centrus Energy, a small yet dynamic player, has been making waves with its robust earnings growth of 164.9% over the past year, outpacing the industry significantly. Trading at 53.8% below estimated fair value suggests potential upside for investors. Despite recent insider selling and volatility in share price over three months, Centrus boasts high-quality earnings and positive free cash flow of US$91.1 million as of June 2023, highlighting financial strength amidst market fluctuations.

• Unlock comprehensive insights into our analysis of Centrus Energy stock in this health report.

• Examine Centrus Energy's past performance report to understand how it has performed in the past.

Hovnanian Enterprises (NYSE:HOV)

Simply Wall St Value Rating: ★★★★☆☆

Overview: Hovnanian Enterprises, Inc. is a U.S.-based company that designs, constructs, markets, and sells residential homes, with a market capitalization of approximately $1.26 billion.

Operations: Hovnanian Enterprises generates revenue primarily from its homebuilding operations, with the West region contributing $1.37 billion, the Northeast $989.39 million, and the Southeast $474.97 million. Financial services add an additional $70.40 million to its revenue streams.

Hovnanian Enterprises, a player in the Consumer Durables industry, has shown impressive financial strides. Their earnings surged by 51% over the past year, outpacing the industry average of -0.6%. The company repurchased 82,753 shares for US$11.49 million recently and reported a net income of US$72.92 million for Q3 2024, up from US$55.76 million last year. Despite high net debt to equity at 146%, interest payments are well covered with EBIT at 7.6 times coverage.

• Navigate through the intricacies of Hovnanian Enterprises with our comprehensive health report here.

• Gain insights into Hovnanian Enterprises' past trends and performance with our Past report.

Key Takeaways

• Take a closer look at our US Undiscovered Gems With Strong Fundamentals list of 221 companies by clicking here.
• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.
• Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world.

Contemplating Other Strategies?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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