TipRanks
7 min read
In This Article:
Growth investing is a perennially popular strategy – and for good reason. While not all growth stocks are profitable, many are driven by strong business fundamentals and innovative products. These characteristics can fuel long-term appreciation and make them attractive components of a growth-focused portfolio.
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Of course, there’s a common caveat: past performance doesn’t guarantee future returns – and that’s absolutely true. Still, when strong past performance is paired with solid fundamentals and robust forward-looking metrics, it can offer valuable insight. It’s not about blindly chasing momentum, but rather recognizing when a stock’s surge is backed by substance.
That’s precisely the case with the real ‘monster growth’ stocks – ones that have recently posted gains of 100% or more. And they’re not just attracting investor attention; they’re winning over some of Wall Street’s top analysts as well.
In fact, some recent upgrades signal growing confidence in their continued trajectory. We dove into the TipRanks database to see which names stand out, and found two of those ‘monster growth’ stocks with impressive gains, strong Buy ratings, and bullish commentary from analysts. Let’s take a closer look.
The Metals Company (TMC)
The first stock we’ll look at is a niche company – but one with a lot of potential. The Metals Company focuses on the biggest mining opportunity of the near future – the exploration and exploitation of metal deposits on the deep sea floor. Specifically, the company aims to locate and recover deposits of polymetallic nodules, a rock-metal alloy deposit that forms naturally on the abyssal sea floor through the precipitation of metals from seawater.
The potential here lies in the particular metals that form polymetallic nodules – nickel sulfate, cobalt sulfate, copper cathode, and manganese silicate. These alloys contain four of the most important base metals in today’s industrial world, metals that are essential in battery production. The sea floor is covered with them, forming a priceless resource at a time when land-based mining is facing a combination of rising costs and falling yields.
The Metals Company has the long-term goal of starting a mining operation to recover polymetallic nodules. The company, in May, submitted to the National Oceanic and Atmospheric Administration its first application for a commercial recovery permit in line with the US Seabed Mining Code. The application is the first step toward regulatory approval of operations. The permit application followed President Trump’s April 24 executive order prioritizing the exploration and exploitation of offshore resources in critical minerals.
