High Growth Tech Stocks To Watch For Potential Robust Returns
Recent market activity has seen U.S. stocks rebound significantly, with growth stocks, particularly in the technology sector, outpacing value shares. This resurgence is driven by positive sentiment from key investment conferences and strong performances from tech giants like NVIDIA. In light of these developments, identifying high-growth tech stocks that can potentially offer robust returns involves looking for companies with strong fundamentals and innovative capabilities that align well with current market dynamics.
Top 10 High Growth Tech Companies
Name | Revenue Growth | Earnings Growth | Growth Rating |
---|---|---|---|
TG Therapeutics | 28.39% | 43.54% | ★★★★★★ |
Sarepta Therapeutics | 23.58% | 44.12% | ★★★★★★ |
Seojin SystemLtd | 33.61% | 52.05% | ★★★★★★ |
Scandion Oncology | 40.71% | 75.34% | ★★★★★★ |
G1 Therapeutics | 27.57% | 57.75% | ★★★★★★ |
KebNi | 34.75% | 86.11% | ★★★★★★ |
Adveritas | 57.98% | 144.21% | ★★★★★★ |
Adocia | 59.08% | 63.00% | ★★★★★★ |
Travere Therapeutics | 26.68% | 68.80% | ★★★★★★ |
Ascendis Pharma | 38.95% | 65.96% | ★★★★★★ |
Click here to see the full list of 1269 stocks from our High Growth Tech and AI Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
CrowdStrike Holdings
Simply Wall St Growth Rating: ★★★★★☆
Overview: CrowdStrike Holdings, Inc. provides cybersecurity solutions in the United States and internationally, with a market cap of $63.52 billion.
Operations: CrowdStrike generates revenue primarily from its Security Software & Services segment, which brought in $3.52 billion. The company focuses on providing cybersecurity solutions across various markets.
CrowdStrike's recent partnership with 1Password, targeting SMBs, highlights its strategic focus on expanding enterprise-grade cybersecurity solutions. R&D expenses reflect a commitment to innovation, with $35.8 million spent last quarter, supporting robust earnings growth of 35.8%. Despite legal challenges from a software update impacting Delta Airlines, the company's projected revenue of $3.90 billion for FY2025 underscores its resilience and market demand for AI-native security platforms like Falcon Go.
Intuit
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Intuit Inc. offers financial management, compliance, and marketing products and services in the United States, with a market cap of $183.68 billion.
Operations: Intuit generates revenue primarily through its Small Business and Self-Employed segment ($9.53 billion), followed by Consumer ($4.45 billion) and Credit Karma ($1.71 billion). The Pro-Tax segment also contributes $599 million to the company's revenue stream.
Intuit's strategic focus on enhancing its Generative AI Operating System (GenOS) highlights its commitment to innovation, with R&D expenses reflecting a robust $1.65 billion investment over the past year. The company's revenue is projected to grow 10.5% annually, outpacing the US market average of 8.8%. Additionally, earnings are forecasted to rise by 16.4% per year, driven by advancements in AI-powered solutions like TurboTax and QuickBooks, which serve approximately 100 million customers globally.
Delve into the full analysis health report here for a deeper understanding of Intuit.
Gain insights into Intuit's historical performance by reviewing our past performance report.
Palantir Technologies
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Palantir Technologies Inc. develops and implements software platforms for intelligence and counterterrorism operations across the United States, the United Kingdom, and globally, with a market cap of $79.70 billion.
Operations: Palantir Technologies Inc. generates revenue through two primary segments: Commercial ($1.14 billion) and Government ($1.34 billion). The company focuses on building and deploying software platforms for intelligence and counterterrorism operations across various regions, including the United States and the United Kingdom.
Palantir Technologies is experiencing substantial growth, with revenue forecasted to increase by 16.8% annually and earnings expected to rise by 22.7% per year. The company’s R&D expenses reached $1.65 billion over the past year, underscoring its commitment to innovation in AI and data analytics solutions. Partnerships with major players like Microsoft for defense applications and Sompo for insurance digital transformation highlight Palantir's expanding influence across diverse sectors, enhancing operational efficiencies and decision-making capabilities for clients globally.
Turning Ideas Into Actions
Gain an insight into the universe of 1269 High Growth Tech and AI Stocks by clicking here.
Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.
Searching for a Fresh Perspective?
Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include NasdaqGS:CRWD NasdaqGS:INTU and NYSE:PLTR.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com