Undoubtedly, within the financial markets, there are companies not so well recognized by many investors that are making completely incredible and wonderful advances, with exponential growth and wonderfully innovative products and services. It is worth analyzing these companies in detail. Also, consider adding them to your investment portfolio if you are looking for considerable growth in your returns. Here are three stocks to buy, let’s take a brief look.
British American Tobacco (BTI)
We top this list of incredible stocks with British American Tobacco (NYSE:BTI). BTI is well-known worldwide for its tobacco and lower-risk products.
Financially, they had a slight decline in total revenue. However, that hasn’t been an impediment to their growth, as their organic revenue, which excludes currency fluctuations, increased.
Much of their growth is thanks to their New Categories division. This includes very popular products such as Vuse and Velo.
Importantly, this division was able to reach profitability well ahead of schedule. This indicates a great ability to adapt and succeed in the face of market challenges.
One of the most significant developments has been that they have managed to resolve the patent dispute with Philip Morris International Inc. This allows them to clear the way for both companies to focus on innovation without legal impediments.
They have also introduced the glo Hyper Pro device. This includes HeatBoost technology for better taste and includes an EasyView display. In addition to all the features mentioned above, they are advancing parallel damage reduction that enhances the user experience.
Estee Lauder (EL)
We continue with Estee Lauder Companies Inc. (NYSE:EL), who is a great pillar in the world of beauty. Estee Lauder has a variety of skin care brands, makeup and fragrances.
Lately, in the financial sphere, they had some slight declines in sales. These are reflected in the reduction of their profits, but still remain stable and with great solutions to meet their challenges.
In spite of this, they maintain their decision to pay dividends to their investors. This demonstrates their great solidity and financial strength.
One of the attributes that makes this company shine is their incredible portfolio of iconic brands, ranging from the timeless elegance of Estee Lauder to the wonderfully vibrant creativity of MAC.
They have recently entered into a partnership with the Icahn School of Medicine at Mount Sinai in order to develop a Mount Sinai-Clinique Center for Healthy Skin Dermatology.
With this great partnership they aim to invest in cutting edge and innovative research on skin health and conditions such as dermatitis. This undoubtedly demonstrates the company’s long-term commitment to meeting its goals and caring for the health of its consumers. If you are looking for the top stocks to buy, start here.
SmartRent (SMRT)
And let’s close with this amazing company, SmartRent (NYSE:SMRT), who is dedicated to making life easier for all their customers in the rental housing market.
In their latest financial repor,t they showed that they have had a completely successful process, with a 22% growth in revenue compared to the previous year, which can be translated into the wonderful figure of $58.1 million.
If that figure seems incredible to you, this one will impress you even more, as their gross margin increased significantly to $13.5 million, which is a 1,000% increase year over year.
They recently launched the Alloy SmartHome Hub+, which is a thermostat with an integrated smart hub device.
In addition, in terms of security, they are working with The Towbes Group to implement access control and IoT solutions in approximately 2,500 apartments.
Without a doubt, the company’s commitment to growth, user experience improvement, security and innovation is unparalleled. This is easily one of the top stocks to buy.
As of this writing, Gabriel Osorio-Mazzilli did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines