Growth investment is a perennial strategy, and there is good reason. While not all growth stocks are profitable, many are driven by strong business foundations and innovative products. These characteristics can aggravate long-term appreciation and make them an attractive component of a growth-centric portfolio.
Of course, there is a general warning: past performance does not guarantee future returns – this is absolutely true. Nevertheless, it can provide valuable insights when past performance is paired with solid fundamentals and robust forward-looking metrics. This is not blindly chasing motivation, but rather realizing when to receive substantial support.
This is exactly the case with real “monster growth” stocks, which recently released 100% or more stocks. And they not only attracted the attention of investors; they also won some of the top analysts on Wall Street.
In fact, some recent escalation signals indicate growing confidence in their ongoing trajectory. We went into the Tipranks database to see which names stand out and found two of the “monster growth” stocks with impressive earnings, strong buy ratings, and bullish reviews from analysts. Let’s take a closer look.
Metal Company((TMC)
The first stock we are going to look at is a niche company, but has great potential. Metals companies focus on the biggest mining opportunities in the near future – the exploration and development of metal deposits on deep-sea floors. Specifically, the company aims to locate and recover sediments from polymeric metal nodules, a rock metal alloy deposit that naturally forms on the deep seabed by precipitation from metals in seawater.
The potential here lies in the specific metals forming polymeric metal nodules – nickel sulfate, cobalt sulfate, copper cathode and silicate. These alloys contain four of the most important benchmark metals in today’s industrial world, which are crucial in battery production. The seabed is covered by them, forming invaluable resources as land-based mining faces a combination of rising costs and falling output.
The metals company’s long-term goal is to start a mining business to restore the nodules of polymers. The company, filed with the National Oceanic and Atmospheric Administration in May, is the first commercial restoration license application that complies with the United States Seabed Mining Act. This application is the first step in the regulatory approval of operations. The license application will prioritize reviews of critical mineral exploration and development of offshore resources after President Trump’s April 24 execution of the order.
This is not the only move the company has taken to build operations. Earlier this month, metals signed a sponsorship agreement with the Pacific island nation of Nauru to develop subsea resources, and announced on June 16 that South Korea’s zinc investment will be dedicated to developing key deep-sea resources. South Korea’s zinc investment totaled US$85.2 million.
All of this explains why the metals company has seen its stock rise by 557% in the year so far, although the company is totally charged and is currently running for losses in quarterly earnings.
In Wedbush’s report, analyst Daniel Ives explained the stock’s attractions. “At the end of April, President Trump signed executive orders and our recent industry checks to enhance domestic critical mineral supply through deep-sea mining, our confidence in the long-term TMC growth story has increased significantly,” analysts commented.
Ives continued to outline the company’s current status and its foundations established to support its future operations, writing: “The main theme of holding TMC is the lack of a regulatory framework, and the recent executive order allowed the company to allow unsupported ISAs to obtain licenses and gain access to the growing competition in Claripperton, which is also more likely to bypass Clarippert of Fration in the January competition. Investments, including the $85 million received from South Korea zinc on June 16, have significantly supported its balance sheet to continue to actively invest in this cost opportunity with significant support from the U.S. government.”
For Ives, this situation justifies TMC’s stock shares from neutral to outperforming the market (i.e., buy), and he backs up this position with a $11 price target (up to $6), which shows his confidence in the 48.5% rise for the coming year. (To watch Ives’ records, click here)
There are only 3 analyst reviews on the record for TMC stocks, but they are consistently positive and give stocks a strong buy consensus rating. The stock is priced at $7.47, and its recent earnings push it toward an average price target of $7.50. (look TMC Stock Forecast)
doordash((sprint)
The next growth stock we are looking at is the familiar name, Doordash. Founded 12 years ago, the Silicon Valley Technologies company has become a leading provider of online food ordering and delivery services, not only in the United States, but also in 25 countries around the world. Doordash has the convenience of connecting customers with their favorite nearby restaurants and supporting local small businessmen and economies.
Doordash accomplished this through paradox. The company prides itself on supporting small businesses and small consumers and tends toward individual businessmen and customers, but Doordash itself is a major company. Its market capitalization is $100 billion, generating more than $10 billion in total revenue last year. The company is also expanding its services, in addition to food orders, customers can use Doordash services to arrange delivery of a variety of products: snacks and groceries, household essentials, flowers, pet supplies, and even alcoholic beverages. Additionally, Doordash can even facilitate packaging transfers and delivery with UPS, FedEx or Post Office.
For an important move, Doordash announced in May this year that it had signed an agreement to acquire Deliveroo, a London-based on-demand delivery company. The deal is expected to be completed over the 225-year period, worth £2.9 billion (nearly $4 billion) and will significantly expand Doordash’s presence in Europe.
Convenience for sale is a solid niche, and Doordash positions itself as a strong player. The company has achieved quarterly profits since the third quarter of 3Q24, with its latest quarterly report (Q1) showing quarterly revenue of $3.03 billion, up 21% year-on-year, missing $62.5 million despite its underestimated forecast. On the bottom line, Doordash realized that EPS per share was 44 cents, a figure that marked a strong shift in the 6 cents EPS loss reported in the first quarter and beat the forecast at a rate of 6 cents per share. We should point out here that Doordash’s share price has risen 109% over the past 12 months.
Doordash has attracted the attention and enthusiasm of Raymond James analyst Josh Beck, who has become more bullish after taking the company’s measures. “We upgraded Dash to forced buy(From outperforming the market) After bottom-up merge analysis and believe that the synergistic potential with Erveroo (ROO) is underestimated. We see an attractive $260 target price scenario ($350 Bulls) offering 1) unexplored Roo Synergies 2) seemingly increasing emphasis on advertising (recent mergers and $1B run rate disclosures, still lower than peers on a %GOV basis) 3) 3) stable management execution and 4) final automatic tail…”
The five-star analyst’s new strong buy rating and a $260 price target together said DASH has risen 9.5% over the coming year. (To watch Baker’s track record, click here)
The stock received a modest buy consensus rating from Wall Street analysts, whose 27 recent reviews broke down into 19 buys and 8 holds. These stocks are currently priced at $237.40, and recent stock appreciation has brought the average price target of that price to exceed $222.15. Given the differences, it is interesting whether analysts will raise their goals or lower their ratings. (look Dash prediction)
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Disclaimer: The opinions expressed in this article are only the opinions of featured analysts. Content is intended for informational purposes only. It is important to conduct analysis before making any investment.
