Xaar, Investec, Riverstone Energy: Growth stocks you may look at now

Be the First to Comment Read

Xaar, Investec, Riverstone Energy: Growth stocks you may look at now

 Xaar, Investec, Riverstone Energy: Growth stocks you may look at now
Image source: shevtsovy, Shutterstock.com

Highlights

  • The growing level of uncertainty and record-breaking inflation have become concerns for investors across the world.
  • Growth stocks are companies that are expected to outperform their peers in terms of earnings and stock performance.
  • It is not surprising as these stocks are the first asset class to take a substantial hit during market volatility.

Since the start of this year, the stock market hasn’t been in a great form with most growth stocks seeing their share value slashing almost to half. The growing level of uncertainty and record-breaking inflation is increasing concerns for investors.

Growth stocks are companies that are expected to outperform their peers in terms of earnings and stock performance and it’s not surprising as these stocks are the first asset class to take a substantial hit during market volatility.  Growth stocks usually don’t pay out dividends but may deliver high capital gains over the long run.

While selecting growth stocks, investors should consider companies that have a good growth market

2022 Kalkine Media®

While selecting growth stocks, investors should consider companies that have a good growth market, a strong leadership team, a record of strong growth in sales, and a large target market.

Let us look at 5 FTSE-listed growth stocks that you may consider diversifying your portfolio.

Investec Plc (LON: INVP)

The current market cap of UK-based international banking and asset management company, Investec Plc stands at £3,383.66 million as of 14 April 2022. The company offers a wide range of financial products and services to clients across Southern Africa, Europe, and Asia-Pacific, and its shares are also listed on the Johannesburg Stock Exchange.

The FTSE 250-listed company has delivered a significant return of 96.40% to its shareholders over the last one year as of 14 April 2022, while its year-to-date return stands at 20.77%. Investec Plc’s shares closed trading at GBX 486.10, down by 0.33%, on 14 April 2022.

Also Read: VOD, BT.A, AAF: Should you add these telecom stocks to your watchlist?

Riverstone Energy Plc (LON: RSE)

The current market cap of the closed-ended investment company, Riverstone Energy Plc stands, at £344.43 million as of 14 April 2022. It is engaged in investing exclusively in the global energy industry across all sectors to generate long-term capital growth.

The FTSE All-Share listed company has delivered a significant return of 136.30% to its shareholders over the last one year as of 14 April 2022, while its year-to-date return stands at 37.20% Riverstone Energy Plc’s shares closed at GBX 638.00, down by 0.93%, on 14 April 2022.

While selecting growth stocks, investors should consider companies that have a good growth market

2022 Kalkine Media®

EnQuest Plc (LON: ENQ)

The current market cap of an independent UK-based petroleum exploration and production company, EnQuest Plc stands at £661.96 million as of 14 April 2022. The company is engaged in investigating, extracting, and creating hydrocarbons in the UK Continental Shelf and Malaysia and it has a secondary listing on Nasdaq OMX Stockholm.

The company has reported a 54.4% increase in its revenue and other operating income to US$ 1,320.3 million in FY2021, from US$ 855.1 million in FY2020, and its adjusted EBITDA increased by 34.9% to US$742.9 million, from US$550.6 million in FY2020.

The FTSE All-Share listed company has delivered a significant return of 109.87% to its shareholders over the last one year as of 14 April 2022, while its year-to-date return stands at 87.50%. EnQuest Plc’s shares closed at GBX 35.10 on 14 April 2022.

Also Read: DEC, BP: Stocks to look at as Brent crude price surges above $100

Xaar Plc (LON: XAR)

The current market cap of the world’s leading independent manufacturer of piezo-based drop-on-demand inkjet technologies, Xaar Plc stands at £ 199.90 million as of 14 April 2022. The company has reported a 23% increase in its revenue to £59.3 million in FY2021, from £48.0 million in FY2020 and its profit before tax stood at £1.0 million, up from the loss of £4.3 million in FY2020.

The FTSE All-Share listed company has delivered a significant return of 72.76% to its shareholders over the last one year as of 14 April 2022, while its year-to-date return stands at 40.11%. Xaar Plc’s shares closed trading at GBX 255.00 on 14 April 2022.

Also Read: Persimmon, Bellway: Stocks to watch as housing market sees a surge in listings

Airtel Africa Plc (LON: AAF)

The current market cap of the multinational telecommunications and mobile money services provider, Airtel Africa Plc stands at £5,580.85 million as of 14 April 2022.

The FTSE 100 listed company has delivered a significant return of 98.00% to its shareholders over the last one year as of 14 April 2022, while its year-to-date return stands at 11.07%. Airtel Africa Plc’s shares closed at GBX 148.50 on 14 April 2022.

Note: The above content constitutes a very preliminary observation or view based on market trends and is of limited scope without any in-depth fundamental valuation or technical analysis. Any interest in stocks or sectors should be thoroughly evaluated taking into consideration the associated risks.

Disclaimer

Speak your Mind

Featured Articles