XRF Scientific (ASX: XRF)
XRF Scientific (ASX: XRF) specialises in machines that heat up mining samples, melt them down, and analyse the constituents. XRF Scientific makes money from selling products for the laboratory and industrial platinum alloy markets, selling capital equipment for testing, and selling the consumable products required to run the testing machines.
XRF Scientific (ASX: XRF) H1 FY 2023 Results shows a company firing on all cylinders, though it may be cyclical.
These 5 stocks each have strong share price momentum backed up by strong recent profit growth.