Stock Analysis

Three Undiscovered Gems in the US Market to Enhance Your Portfolio

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Over the last 7 days, the United States market has remained flat, yet it has experienced a significant rise of 31% over the past 12 months with earnings forecasted to grow by 15% annually. In such a dynamic environment, discovering lesser-known stocks with strong potential can be key to enhancing your portfolio and capitalizing on emerging opportunities.

Top 10 Undiscovered Gems With Strong Fundamentals In The United States

NameDebt To EquityRevenue GrowthEarnings GrowthHealth Rating
Eagle Financial Services170.75%12.30%1.92%★★★★★★
Franklin Financial Services173.21%5.55%-1.86%★★★★★★
Parker Drilling46.25%-0.33%53.04%★★★★★★
Morris State Bancshares17.84%4.83%6.58%★★★★★★
Omega FlexNA0.39%2.57%★★★★★★
First Northern Community BancorpNA7.65%11.17%★★★★★★
TeekayNA-3.71%60.91%★★★★★★
ASA Gold and Precious MetalsNA7.11%-35.88%★★★★★☆
Pure Cycle5.31%-4.44%-5.74%★★★★★☆
FRMO0.13%19.43%29.70%★★★★☆☆

Click here to see the full list of 230 stocks from our US Undiscovered Gems With Strong Fundamentals screener.

Here we highlight a subset of our preferred stocks from the screener.

Smith-Midland (NasdaqCM:SMID)

Simply Wall St Value Rating: ★★★★★★

Overview: Smith-Midland Corporation is engaged in the invention, development, manufacturing, marketing, leasing, licensing, selling, and installation of precast concrete products and systems in the United States with a market cap of $256.69 million.

Operations: Smith-Midland generates revenue primarily from developing, manufacturing, licensing, selling, and installing precast concrete products, amounting to $76.37 million.

Smith-Midland has shown impressive growth, with earnings surging 1043.8% over the past year, outpacing industry norms. Its financial health is underscored by a debt-to-equity ratio reduction from 22.2% to 13.1% over five years, indicating prudent financial management. The company trades at a discount of 25.4% below its estimated fair value, suggesting potential upside for investors seeking undervalued opportunities in the market. Recent results highlight strong performance with third-quarter sales reaching US$7.05 million and net income climbing to US$3.15 million compared to last year's figures, reflecting robust operational progress and strategic execution in its sector.

NasdaqCM:SMID Debt to Equity as at Nov 2024

IRADIMED (NasdaqGM:IRMD)

Simply Wall St Value Rating: ★★★★★★

Overview: IRADIMED CORPORATION specializes in the development, manufacturing, marketing, and distribution of MRI-compatible medical devices and related accessories on a global scale with a market cap of approximately $679.04 million.

Operations: IRADIMED generates revenue primarily from its patient monitoring equipment segment, which contributed $71.31 million. The company has a market cap of approximately $679.04 million.

IRADIMED, a nimble player in the medical equipment sector, is making waves with its debt-free status and strategic expansion plans. The company reported a notable 14.1% earnings growth over the past year, outpacing the industry average of 10.4%. Recent financials show sales of US$18.33 million for Q3 2024, up from US$16.5 million a year ago, while net income remained stable at around US$5 million. Despite significant insider selling recently, IRADIMED's robust cash flow and anticipated FDA approval for its new MRI-compatible pump signal promising prospects ahead as it aims to boost profit margins from 26.1% to 27.6%.

NasdaqGM:IRMD Debt to Equity as at Nov 2024

Logility Supply Chain Solutions (NasdaqGS:LGTY)

Simply Wall St Value Rating: ★★★★★★

Overview: Logility Supply Chain Solutions, Inc. develops, markets, and supports a range of computer business application software products in the United States and internationally, with a market cap of $351.06 million.

Operations: Logility's revenue is primarily derived from its computer business application software products. The company focuses on both domestic and international markets.

Logility Supply Chain Solutions, a nimble player in the software industry, recently reported a net income of US$1.74 million for Q2 2024, down from US$2.36 million the previous year. Despite this, their basic earnings per share doubled to US$0.05 from US$0.02, indicating improved operational efficiency amidst revenue challenges. The company remains debt-free and has seen earnings grow at an annual rate of 7.5% over five years, showcasing resilience in financial management. However, a one-off gain of US$3.2 million impacted recent results and underscores the need for cautious interpretation of current performance metrics.

NasdaqGS:LGTY Debt to Equity as at Nov 2024

Summing It All Up

  • Take a closer look at our US Undiscovered Gems With Strong Fundamentals list of 230 companies by clicking here.
  • Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.
  • Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets.

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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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