Recently, the stock market has been experiencing increased volatility, due to the expectation of the Federal Reserve raising interest rates multiple times this year and the rising geopolitical tensions between Ukraine and Russia. Growth stocks, especially…
those trading at high valuations, have been the most affected.
However, experts believe the economy will continue witnessing a steady recovery this year. And the expected improvement in corporate earnings should support the performance of growth stocks. According to a FactSet report, the S&P 500 is expected to report an earnings growth of 9% year-over-year in 2022.
That’s why today we’re highlighting 4 stocks from our Top 10 Growth screen, which is just 1 of the 10 outperforming screens in our POWR Screens 10 service (more on that below). A.P. Møller – Mærsk A/S (AMKBY – Get Rating), Heidrick & Struggles International, Inc. (HSII – Get Rating), The Hackett Group, Inc. (HCKT – Get Rating), and DLH Holdings Corp. (DLHC – Get Rating) could be great additions to your growth portfolio.
A.P. Møller – Mærsk A/S (AMKBY – Get Rating)
Famous integrated transport and logistics company AMKBY is based in Copenhagen, Denmark. The company is active in container logistics and upstream oil value chains, and its operational structure includes the Maersk Line, APM Terminals, and Damco, Svitzer. Also, AMKBY handles one in every five containers shipped worldwide.
On December 22, 2021, AMKBY announced that it had agreed to acquire Hong Kong-based LF Logistics for $3.60 billion. The acquisition will add hundreds of warehouses in Asia and help it expand beyond its core ocean freight business. AMKBY’s Chief Executive Soren Skou said, “Today we mainly help our customers import from Asia, but with this acquisition, we make a big bet on long-term growth in Asia and on offering our customers better access to the Asian consumer.”
AMKBY’s revenue for the fiscal third quarter ended September 30, 2021, increased 67.5% year-over-year to $16.61 billion. The company’s net income increased 422.3% year-over-year to $5.44 billion. In addition, its cash flow from operating activities increased 58.8% sequentially to $6.57 billion.
Analysts expect AMKBY’s revenue for the fiscal ending December 31, 2021, to increase 57.7% year-over-year to $62.68 billion. Over the past year, the stock has gained 61.2% to close the last trading session at $17.06.
AMKBY’s revenue has grown at a CAGR of 13.3% over the past three years. The company’s net income grew at a CAGR of 55.7% over the past three years. Also, the company’s levered free cash flow grew at a CAGR of 24.8% over the past three years.
AMKBY’s POWR Ratings reflect solid prospects. The company has an overall rating of A, which translates to a Strong Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has an A grade for Growth and Momentum and a B grade for Value, Stability, and Quality. It is ranked #1 of 45-stocks in the Shipping industry. Click here to see AMKBY’s rating for Sentiment.
Heidrick & Struggles International, Inc. (HSII – Get Rating)
HSII is an advisory firm providing executive search and consulting services to businesses and business leaders worldwide. The company enables its clients to build leadership teams by facilitating senior executives’ recruitment, management, and development. It also offers consulting services, leadership, succession planning, talent strategy, people performance, inter-team collaboration, culture shaping, and organizational transformation.
On December 21, 2021, HSII announced that it had agreed to…
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