Top Growth Stocks To Invest In 2023

Anand Rathi’s research report on Hindustan Petroleum Corporation

Hindustan Petroleum Corporation Limited (HPCL) has recorded Profit after Tax (PAT) of Rs. 20.04 billion compared to Rs. 22.53 billion lower by 11.0 % for the same quarter last year due to a planned shutdown of the refinery, some on the industrial products which they directly supply from the refineries and an exchange rate loss. EBITDA came at Rs. 31.93 billion decline by 26.8% on YoY and 32.6% on QoQ. Gross sales for the quarter ended June was Rs. 735.6 billion as compared Rs. 459.5 billion for the same period last year. During April-June 2021, HPCL achieved total sales volume of 8.83 MT against 7.62 MT in previous year for the same period representing a growth of 15.9 %.The sales of major products have shown significant growth compared to same period last year despite an aggressive second wave of Covid-19 pandemic forcing partial lockdowns across the country. The sale of petrol was up 36.6 %, diesel 22.2 % and Aviation Turbine Fuel, 118.8 %. While petrol sales in July reached pre-pandemic levels, diesel is about 10% short.

Top Growth Stocks To Invest In 2023: GXO Logistics, Inc.(GXO)

GXO Logistics, Inc. provides supply chain management solutions for multinational companies and blue-chip market leaders worldwide. It serves consumer packaged goods, ecommerce, food and beverage, retail, technology, and consume electronic industries. The company was incorporated in 2021 and is based in Greenwich, Connecticut. GXO Logistics, Inc. operates independently of XPO Logistics, Inc. as of August 2, 2021.

Advisors’ Opinion:

  • [By ]

    Breakups are a great way for companies to unlock a lot of value, Cramer reminded viewers. That's certainly been the case with XPO Logistics  (XPO) – Get Report, which recently spun off GXO Logistics  (GXO) – Get Report, and with the former L Brands, which split itself into Victoria's Secret  (VSCO) – Get Report and Bath & Body Works  (BBWI) – Get Report.

  • [By Jeremy Bowman (TMFHobo)]

    The transportation company just spun off its contract logistics division, GXO Logistics (NYSE:GXO), making it easier for investors to value the stock compared with less-than-truckload peers like Old Dominion and Saia. XPO also just posted record results in its second-quarter earnings report, showing the company is benefiting from the economic reopening.

Top Growth Stocks To Invest In 2023: Pulmonx Corporation(LUNG)

Pulmonx Corporation, a medical technology company, designs, develops, manufactures, and markets minimally invasive medical devices for the diagnosis and treatment of chronic obstructive pulmonary diseases. It offers Zephyr Endobronchial Valve, a solution for the treatment of bronchoscopic in adult patients with hyperinflation associated with severe emphysema; and Chartis Pulmonary Assessment System, a balloon catheter and console with flow and pressure sensors that are used to assess the presence of collateral ventilation. The company also provides StratX Lung Analysis Platform, a cloud-based quantitative computed tomography analysis service that offers information on emphysema destruction, fissure completeness, and lobar volume to help identify target lobes for the treatment with Zephyr Valves. It serves emphysema patients in the United States, Europe, the Middle East, Africa, the Asia-Pacific, and internationally. The company was formerly known as Pulmonx and changed its name to Pulmonx Corporation in December 2013. Pulmonx Corporation was incorporated in 1995 and is headquartered in Redwood City, California.

Advisors’ Opinion:

  • [By Taylor Carmichael, George Budwell, and Patrick Bafuma ]

    Three contributors like pulmonary specialist Pulmonx (NASDAQ:LUNG), Vertex Pharmaceuticals (NASDAQ:VRTX), and Axsome Therapeutics (NASDAQ:AXSM). Read on to see why these three stocks might crush the market over the next few years.

Top Growth Stocks To Invest In 2023: HP Inc.(HPQ)

HP Inc. provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), as well as to the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin client PCs, tablets, retail point-of-sale systems, calculators and other related accessories, software, support, and services for the commercial and consumer markets. The Printing segment provides consumer and commercial printer hardware, supplies, media, scanning device, and software and services; and laserjet and enterprise, inkjet and printing, graphics, and software and web services. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Alto, California.

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