Its share price has risen 42% after it released a positive update regarding its operational and financial progress. Investors now seem to be more bullish about its future prospects. Clearly, the company remains highly volatile, and its outlook is uncertain. An improving outlook While trading conditions have been for Interserve, it seems to be implementing a number of self-help measures which are expected to lead… I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool interserve share price, stores, and handles personal data is available in its Privacy Statement. The last three months have been highly profitable for investors in support services company Interserve. Its share price has risen 42% after it released a positive update regarding its operational and financial progress. Investors now seem to be more bullish about its future prospects. Clearly, the company remains highly volatile, and its outlook is uncertain. An improving outlook While trading conditions have been for Interserve, it seems to be implementing a number of self-help measures which are expected to lead to rising profitability. This could make it a more competitive and flexible entity able to generate rising profitability. In fact in the current year, the stock is expected to return to growth with its bottom line forecast to rise by 23%, and by a further 33% next year. This is obviously strong and shows that while its shares are down 67% in the last year, even after its recent gain there could be upside potential on offer. There could be further problems ahead in this area, which means interserve share price remains a high-risk stock. But with a wide margin of safety and clear turnaround potential in terms of its earnings growth forecasts, the stock could perform well in future months and years. More growth prospects Also offering significant upside potential is food producer Cranswick. In fact, its trading in the period was slightly ahead of expectations, which caused its share price to move 3% higher following the update. After all, its defensive status puts it in a grouping where many stocks have been proving relatively unpopular among investors in recent years. However, with the company being able to generate double digit growth in each of the last three financial years, its rising share price may have been warranted. Looking ahead, the company is due to report further growth in its earnings. Its bottom line is expected to rise by 15% in the interserve share price financial year. The best growth stock ever. Despite this, there's another stock that could be an even better buy. In fact it's been named as could make a real impact on your portfolio's performance this year. And in time, it could help you retire early, pay off your mortgage, or simply enjoy a more abundant interserve share price. Peter Stephens has no position in any shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes.
