Should you buy these 5 FTSE growth stocks with almost 100% return?

Highlights 

• Several factors, such as a robust business model, high revenue and profits, and exceptional management, contributes to the high growth of the companies.
• Growth stocks usually don’t pay dividends but provide capital gains to investors.

 

 

Growth stocks are generally on the radar of investors who are willing to take risks and aims to generate maximum returns from their investments. In the recent past, growth-stocks have been performing better than the average market growth.  These stocks, instead of paying dividends, maximise the returns of investors by providing them with capital gains when they sell off their shares in due course.  

Several factors are responsible for the high growth of the companies, such as a robust business model, high revenue and profits, and exceptional management. Let’s take a look at the 5 FTSE growth stocks, which may be added to the investors’ portfolio to gain a good return.

Investec plc (LON: INVP)

South Africa-headquartered banking and wealth management company, Investec plc, offers a variety of financial products and services to its customers across the globe. In early February, the new remuneration policy of the company was approved by more than 86% of its shareholders, and the performance of the company remains strong.

Investec plc’s shares closed at GBX 439.20, up by 0.69% on 16 February 2022. The current market cap of the FTSE 250 Index constituent company stands at £3,036.31 million as of 16 February, and it has delivered a return of 104.47% to its shareholders in the last one year.

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John Menzies plc (LON: MNZS)

UK-based aviation company, John Menzies plc, offers a wide range of services to its customers, which include handling and forwarding of cargo. The company recently rejected a £469 million takeover offer from National Aviation Services (NAS) due to its undervaluation.

John Menzies plc’s shares closed at GBX 468.00, down by 1.89% on 16 February 2022. The current market cap of the company stands at £438.37 million as of 16 February, and it has delivered a return of 110.34% to its shareholders in the last one year.

Watches of Switzerland Group plc (LON: WOSG)

UK-based retailer of Swiss watches, Watches of Switzerland Group plc, sells luxury watches across the UK and the US. For its Q3 that ended on 30 January 2022, the revenues of the company stood at £348.1 million, going up by 28% as compared to last year.

Watches of Switzerland Group plc’s shares closed at GBX 1,324.00, up by 0.76% on 16 February 2022. The current market cap of the FTSE 250 Index constituent company stands at £3,147.95 million as of 16 February, and it has delivered a return of 110.49% to its shareholders in the last one year.

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Airtel Africa plc (LON: AAF)

UK-based company which offers telecommunication services, Airtel Africa plc, mainly operates in the African countries with the aim of narrowing the digital divide. The company became a part of the FTSE 100 index recently in the end of January 2022. As per its Q3 results released in early February, its revenues have gone up by 21.7%, reaching $3,492 million.

Airtel Africa plc’s shares closed at GBX 151.10, up by 0.73% on 16 February 2022. The current market cap of the FTSE 100 Index constituent company stands at £5,637.23 million as of 16 February, and it has delivered a return of 88.88% to its shareholders in the last one year.

Riverstone Energy Limited (LON: RSE)

Guernsey-domiciled company, Riverstone Energy Limited, makes investments in energy firms and assets across the globe. Recently, USD17.5 million have been invested by the company in the Series C funding round of T-REX Group Inc.

Riverstone Energy Limited’s shares closed at GBX 554.00, down by 1.95% on 16 February 2022. The current market cap of the company stands at £310.40 million as of 16 February, and it has delivered a return of 80.46% to its shareholders in the last one year.