For investors seeking to give their portfolio a jumpstart, so-called hidden-gem growth stocks may have plenty to offer. By that, I’m talking about companies that are not exactly favored by Wall Street. Nevertheless, should the stars align just right, they could swing resolutely higher.
A key advantage exists when talking about hidden-gem growth stocks: no one is talking about them. Of course, I’m being facetious. But the takeaway is that relative to the usual suspects on the Street, some enterprises just linger in the background.
The thing is, should they exceed expectations, they could amass significant shareholder returns. And here’s the other point. Because these ideas by their nature are less-discussed entities, the expectations are low and thus the rewards may be high.
Granted, you must accept a higher level of risk; that just goes with the territory. If you can accept that, these are the hidden-gem growth stocks to consider. Occidental Petroleum (OXY) As one of the securities under Warren Buffett’s portfolio , Occidental Petroleum (NYSE: OXY ) might not immediately sound like a compelling idea for hidden-gem growth stocks.
However, the energy giant – which focuses on oil and gas exploration and production (upstream) operations – is well worth putting on your radar. Naturally, there’s a fundamental relevance to consider. With Russia’s invasion of Ukraine, the post-World War II international order was thrown for a loop.
Few could have imagined up to that p.
