Barita is the top IC Insider’s stock for growth over the next 12 months in the main market.
IC Insider starts a new feature that highlights the top 5 stocks IC Insider’s selection for gains over the next several months based on the latest earnings forecast for the current fiscal year for each company.Investors should bear in mind that companies with September year ends will have a head start on companies with later ending period as the earlier year end will result in two sets of results between now and early 2017, thus giving investors an early look into what 2017 earnings will look like. The stocks in the list may surprise many but detailed look at their financials paint a far better picture than the stock prices may currently be telling. These stocks are selling well below the market average and even more so against their potential.
The two stocks at the top of both listing may surprise many, but they should not. In the case of Medical Disposables revenues are growing close to 50 percent increase as new products are added, this growth is expected to boost gross profit at levels that should out pace increase in cost. Barita Investments is undergoing change and this has driven up fee income sharply which is replacing interest income formerly generated form the repo business. Barita has built up a large pool of unrealized gain on investments which can be released to profit for 2016.The list is likely to be updated on a weekly basis which is likely to see stocks being added or removed on an ongoing basis.
