5 High Growth High Margin Stocks to Buy

1. EOG Resources, Inc. (NYSE:EOG)

EPS Next 5 Year Ratio According to FINVIZ.com: 54.90%

Profit Margin According to FINVIZ.com: 33.22%

Number of Hedge Fund Holders: 45

Houston, Texas-based EOG Resources, Inc. (NYSE:EOG) is one of the largest crude oil and natural gas exploration and production companies in the United States with proved reserves in the United States and Trinidad.

On November 2, EOG Resources, Inc. (NYSE:EOG) released its financial results for Q3 2023. It generated $6.2 billion total revenue and $2.0 billion net income which translates to a normalized EPS of $3.44. The revenue figure was nearly $437 million more than consensus while EPS exceeded expectations by $0.45.

EOG Resources, Inc. (NYSE:EOG) increased its regular quarterly dividend by 10% to $0.91 per share and also declared a special dividend of $1.50 per share. The company has never suspended or reduced its regular dividend.

EOG Resources, Inc. (NYSE:EOG) is the best high growth high margin stock to buy based on EPS Next 5 Year Ratio. Its shares were held by 45 hedge funds as of September 30. Its largest hedge fund shareholder was Harris Associates with ownership of 7.9 million shares valued at $1.0 billion.

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