If a stock’s earnings ultimately determine its stock price, then buying stocks that promise massive earnings growth should lead to dramatic share price gains. It is why long-term investors should focus on the business of the companies they invest in and not worry about the noise of daily price movements.
If the business is healthy and growing, the stock is sure to follow over time. That’s why the two stocks below should be considered closely by investors. Wall Street is forecasting these companies are about to turn on the afterburners of profitability. They are expected to see earnings per share grow by a compounded annual growth rate of 50% on average over the next five years.
And with businesses that have long tail fundamental growth prospects in front of them, they just might be two incredible stocks you will want to add to your portfolio today. As both trade at less than $15 a share, they might not be at such a low stock price for much longer.
This post originally appeared at 24/7 Wall St.