Large trillion-dollar companies are tightening their grip on the market, often by acquiring smaller rivals. This trend will likely pick up with new regulatory leadership, but a few under-the-radar businesses will continue prospering by anchoring themselves in unique market segments.
Digging up these buried treasures isn’t easy, and that’s exactly why we created StockStory. Keeping that in mind, here are three hidden gems that could amplify your portfolio’s returns.
MYR Group (MYRG)
Market Cap: $4.84 billion
Constructing electrical and phone lines in the American Midwest dating back to the 1890s, MYR Group (NASDAQ:MYRG) is a specialty contractor in the electrical construction industry.
Why Could MYRG Be a Winner?
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Projected revenue growth of 19.4% for the next 12 months is above its two-year trend, pointing to accelerating demand
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Share repurchases over the last two years enabled its annual earnings per share growth of 90% to outpace its revenue gains
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Stellar returns on capital showcase management’s ability to surface highly profitable business ventures, and its returns are growing as it capitalizes on even better market opportunities
At $310.97 per share, MYR Group trades at 24.5x forward P/E. Is now the right time to buy? Find out in our full research report, it’s free.
Brady (BRC)
Market Cap: $4.30 billion
Founded in 1914 and evolving through more than a century of industrial innovation, Brady (NYSE:BRC) manufactures and supplies identification solutions and workplace safety products that help companies identify and protect their premises, products, and people.
Why Are We Bullish on BRC?
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Impressive 9.9% annual revenue growth over the last two years indicates it’s winning market share this cycle
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Projected revenue growth of 38.2% for the next 12 months is above its two-year trend, pointing to accelerating demand
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Performance over the past five years was turbocharged by share buybacks, which enabled its earnings per share to grow faster than its revenue
Brady is trading at $91.24 per share, or 15.5x forward P/E. Is now the time to initiate a position? See for yourself in our comprehensive research report, it’s free.
iRhythm (IRTC)
Market Cap: $4.24 billion
Pioneering the shift from bulky, short-term heart monitors to sleek, wire-free patches, iRhythm Technologies (NASDAQ:IRTC) provides wearable cardiac monitoring devices and AI-powered analysis services that help physicians detect and diagnose heart rhythm disorders.
Why Is IRTC Interesting?
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Annual revenue growth of 24% over the last two years was superb and indicates its market share increased during this cycle
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Earnings per share grew by 17.4% annually over the last five years, massively outpacing its peers
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Free cash flow turned positive over the last five years, showing the company is at an important crossroads
