Should you consider NASDAQ:NECB for growth investing?

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if NORTHEAST COMMUNITY BANCORP (NASDAQ:NECB) is suited for growth investing. Investors should of couse do their own research, but we spotted NORTHEAST COMMUNITY BANCORP showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Some of the canslim metrics of NASDAQ:NECB highlighted

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), NORTHEAST COMMUNITY BANCORP highlights its ability to generate increasing profitability, showcasing a 235.0% growth.
• NORTHEAST COMMUNITY BANCORP has demonstrated strong q2q revenue growth of 99.89%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• Over the past 3 years, NORTHEAST COMMUNITY BANCORP has demonstrated 26.25% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• NORTHEAST COMMUNITY BANCORP has a healthy Return on Equity(ROE) of 12.36%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
• NORTHEAST COMMUNITY BANCORP has exhibited strong Relative Strength(RS) in recent periods, with a current 92.08 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. NORTHEAST COMMUNITY BANCORP shows promising potential for continued price momentum.
• NORTHEAST COMMUNITY BANCORP exhibits a favorable Debt-to-Equity ratio at 0.0. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• With 42.12% of the total shares held by institutional investors, NORTHEAST COMMUNITY BANCORP showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Technical Analysis Observations

ChartMill assigns a Technical Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple technical indicators and properties.

Overall NECB gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NECB is showing a nice and steady performance.

• The long and short term trends are both positive. This is looking good!
• Looking at the yearly performance, NECB did better than 92% of all other stocks.
• NECB is part of the Banks industry. There are 421 other stocks in this industry. NECB outperforms 95% of them.
• NECB is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NECB is leading the market.
• In the last month NECB has a been trading in the 15.65 - 16.62 range, which is quite wide. It is currently trading near the high of this range.
• Prices have been consolidating recently, this may present a good entry opportunity.

Check the latest full technical report of NECB for a complete technical analysis.

A complete fundamental analysis of NASDAQ:NECB

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

NECB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 421 industry peers in the Banks industry. While NECB seems to be doing ok healthwise, there are quite some concerns on its profitability. NECB has a correct valuation and a medium growth rate.

Check the latest full fundamental report of NECB for a complete fundamental analysis.

More growth stocks can be found in our CANSLIM screen.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.