Top Growth Stock For The Month

Top 3 Growth Stocks For The Month

Lester Strauss April 26, 2018

Nearmap Ltd (ASX:NEA)

Nearmap Ltd provides online aerial photomapping services in Australia and the United States. Nearmap was founded in 2000 and with the market cap of AUD A$390.20M, it falls under the small-cap group.
NEA’s projected future profit growth is an exceptional triple-digit, with an underlying 71.07% growth from its revenues expected over the upcoming years. It appears that NEA’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 2.28%. NEA ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper.

ASX:NEA Future Profit Apr 26th 18

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