Reporting season is now well under way and that can mean a range of emotions for investors.
Obviously one of the best feelings is when ASX shares you have in your portfolio rocket up after the underlying companies report outstanding financials.
QVG Capital this week named two stocks you could buy now that could give you that buzz later this month.
Mind you, the QVG team will be happy to ride these two ASX shares for the long-term even if the results don't quite hit the mark.
Let's take a look:
'We can't yet see an end to the growth'
Mader Group Ltd (ASX: MAD) is not a name you hear much about, but QVG analysts pointed out how well the business is going.
"Mader Group delivered a 4th quarter update that showed 46% revenue growth," QVG analysts said in a memo to clients.
"This is an amazing result for a labour services company that is already at scale."
Already investors in the know have enjoyed plentiful gains from the services provider to the mining industry.
The Mader share price has rocketed more than 82% since the start of the year.
Despite this, the QVG team is backing even further returns.
"The entrepreneurial culture and highly incentivised team appear to be key ingredients in the success to date," read the memo.
"We can't yet see an end to the growth and eagerly await milestones as they replicate their Australian success in North America."
Mader Group will report its annual financials on the morning of 22 August.
'Large' growth potential
Budget jewellery retailer Lovisa Holdings Ltd (ASX: LOV) was one of the darlings of the stock market in the second half of last year.
Despite steep interest rate rises, rapid store expansion saw the share price more than double from June last year to January this year.
However, the reality of consumers struggling with cost of living worries then caught up with the retailer, as Lovisa shares dived 33% in just two months to hit a 52-week low in late June.
QVG analysts noted how it has clawed back some of those losses since.
"Lovisa's stock price recovered around one-third of the fall it has experienced post slowing discretionary retail spend became apparent in May."
"This reaction has been typical of many retail names as the market attempts to price for the earnings impact and outlook statements that will be delivered in August."
Lovisa is due to reveal its annual results on 24 August.
But that doesn't worry the QVG team in the slightest.
"We are particularly comfortable with any weakness in Lovisa's comparable store sales as we continue to believe the potential for the business to roll out more stores with similar economics is large."
According to CMC Markets, six out of 11 analysts currently count Lovisa as a buy.
