Undiscovered Gems in United States Stocks to Watch This September 2024

The market is up 1.2% over the last week, with the Information Technology sector up 1.3%. In the last year, the market has climbed 30%, and earnings are forecast to grow by 15% annually. Amid these promising conditions, identifying stocks with strong fundamentals and growth potential can be particularly rewarding for investors looking to capitalize on emerging 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%	★★★★★★
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%	★★★★★☆
Tiptree	68.59%	20.55%	20.06%	★★★★★☆
FRMO	0.17%	12.99%	23.62%	★★★★☆☆
AMTD Digital	26.12%	9.22%	33.48%	★★★★☆☆

Click here to see the full list of 209 stocks from our US Undiscovered Gems With Strong Fundamentals screener.

Let's uncover some gems from our specialized screener.

SBC Medical Group Holdings (NasdaqGM:SBC)

Simply Wall St Value Rating: ★★★★★☆

Overview: SBC Medical Group Holdings Incorporated provides health care services and has a market cap of $560.55 million.

Operations: SBC generates revenue primarily from healthcare services. The company reported a total revenue of $1.25 billion last year, with operating expenses accounting for 70% of the total revenue and net profit margin at 8%.

SBC Medical Group Holdings has been making waves, with earnings skyrocketing by 164% over the past year, significantly outpacing the Healthcare industry's 8% growth. Trading at 94.8% below its estimated fair value, it seems undervalued. The company repurchased shares in 2024 and enjoys high-quality earnings. Despite a highly volatile share price recently, SBC's financial health appears robust with more cash than total debt and positive free cash flow (US$64M).

• Take a closer look at SBC Medical Group Holdings' potential here in our health report.

• Learn about SBC Medical Group Holdings' historical performance.

Centrus Energy (NYSEAM:LEU)

Simply Wall St Value Rating: ★★★★★☆

Overview: Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally with a market cap of $732.76 million.

Operations: Centrus Energy generates revenue primarily from its Low-Enriched Uranium (LEU) segment, contributing $320.80 million, and its Technical Solutions segment, adding $71.80 million. The company has a market cap of approximately $732.76 million.

Centrus Energy, a smaller player in the energy sector, has been making waves with its impressive earnings growth of 164.9% over the past year, significantly outpacing the industry average of -31.9%. The company reported second-quarter revenue of US$189 million and net income of US$30.6 million, up from US$98.4 million and US$12.7 million respectively a year ago. Despite recent insider selling, Centrus trades at 68.4% below its estimated fair value and maintains high-quality earnings with more cash than debt on its balance sheet.

• Click here and access our complete health analysis report to understand the dynamics of Centrus Energy.

• Evaluate Centrus Energy's historical performance by accessing our past performance report.

Worthington Steel (NYSE:WS)

Simply Wall St Value Rating: ★★★★★☆

Overview: Worthington Steel, Inc. operates as a steel processor in North America with a market cap of approximately $1.82 billion.

Operations: With a revenue of $3.43 billion from its Metal Processors and Fabrication segment, Worthington Steel generates significant income through its steel processing operations in North America.

Worthington Steel, a notable player in the metals and mining sector, has demonstrated impressive earnings growth of 77.6% over the past year, surpassing industry averages. Trading at 46.8% below its estimated fair value, it offers good relative value compared to peers. The company’s net debt to equity ratio stands at a satisfactory 9.6%, with interest payments well covered by EBIT (35.9x). Recent financials show annual sales of US$3.43 billion and net income of US$154.7 million for FY2024, reflecting robust performance despite industry challenges.

• Get an in-depth perspective on Worthington Steel's performance by reading our health report here.

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

Next Steps

• Take a closer look at our US Undiscovered Gems With Strong Fundamentals list of 209 companies by clicking here.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
• Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

Interested In Other Possibilities?

• 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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