Yahoo Finance High Growth Tech Stocks to Watch in September 2024
The market has climbed by 3.0% over the past week and is up 25% over the past 12 months, with earnings expected to grow by 15% per annum over the next few years. In this favorable environment, identifying high-growth tech stocks that can capitalize on these trends becomes crucial for investors looking to maximize their returns.
Top 10 High Growth Tech Companies In The United States
Name | Revenue Growth | Earnings Growth | Growth Rating |
|---|---|---|---|
TG Therapeutics | 28.39% | 43.54% | ★★★★★★ |
Super Micro Computer | 20.66% | 27.13% | ★★★★★★ |
Sarepta Therapeutics | 23.58% | 44.12% | ★★★★★★ |
Invivyd | 42.91% | 70.39% | ★★★★★★ |
Ardelyx | 27.44% | 65.92% | ★★★★★★ |
G1 Therapeutics | 27.57% | 57.75% | ★★★★★★ |
Travere Therapeutics | 26.68% | 68.80% | ★★★★★★ |
Ascendis Pharma | 38.95% | 65.96% | ★★★★★★ |
Seagen | 22.57% | 71.80% | ★★★★★★ |
ImmunoGen | 26.00% | 45.85% | ★★★★★★ |
Click here to see the full list of 249 stocks from our US High Growth Tech and AI Stocks screener.
Here's a peek at a few of the choices from the screener.
Tenable Holdings
Simply Wall St Growth Rating: ★★★★★☆
Overview: Tenable Holdings, Inc. offers cyber exposure solutions across the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan with a market cap of $4.73 billion.
Operations: Tenable Holdings, Inc. generates revenue primarily from its Security Software & Services segment, which amounted to $852.04 million. The company operates globally, covering regions such as the Americas, EMEA, and APJ.
Tenable Holdings, a cybersecurity firm, has demonstrated robust growth with revenue forecasted to increase by 9.9% annually and earnings projected to surge by 61.9% per year. The company has invested heavily in R&D, spending $126 million last year, reflecting its commitment to innovation in vulnerability management solutions like Tenable Nessus. Despite a net loss of $14.57 million in Q2 2024, the company repurchased shares worth $25 million recently and continues to explore strategic options including potential sales due to takeover interest.
Get an in-depth perspective on Tenable Holdings' performance by reading our health report here.
Understand Tenable Holdings' track record by examining our Past report.
N-able
Simply Wall St Growth Rating: ★★★★☆☆
Overview: N-able, Inc. offers cloud-based software solutions for managed service providers in various regions, including the United States and the United Kingdom, with a market cap of $2.32 billion.
Operations: N-able, Inc. generates revenue primarily from its Internet Software & Services segment, which reported $449.18 million in revenue. The company focuses on providing cloud-based software solutions for managed service providers across multiple regions.
N-able, a software firm specializing in IT management solutions, reported a net income of $9.46 million for Q2 2024, doubling from $4.51 million the previous year. With revenue growth forecasted at 9.3% annually and earnings expected to rise by 21.6% per year, the company is poised for significant expansion. Notably, N-able's R&D expenses underscore its commitment to innovation; last year alone saw substantial investment aimed at enhancing product offerings tailored for managed service providers (MSPs).
Click here to discover the nuances of N-able with our detailed analytical health report.
Gain insights into N-able's historical performance by reviewing our past performance report.
Sea
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Sea Limited operates in digital entertainment, e-commerce, and digital financial services across Southeast Asia, Latin America, the rest of Asia, and internationally with a market cap of $46.62 billion.
Operations: Sea Limited's business spans digital entertainment, e-commerce, and digital financial services across multiple regions. The company generates revenue through its diverse platforms, which include gaming, online retail, and payment solutions.
Sea Limited, a prominent player in the tech sector, reported Q2 2024 revenue of $3.81 billion, up from $3.10 billion the previous year. Despite net income falling to $79.91 million from $330.98 million, the company forecasts annual earnings growth of 49.4% and revenue growth at 12.5% per year—outpacing the US market's average of 8.8%. Significant investments in R&D underscore their commitment to innovation; last year's R&D expenses were substantial but not specified here.
Dive into the specifics of Sea here with our thorough health report.
Gain insights into Sea's past trends and performance with our Past report.
Summing It All Up
Navigate through the entire inventory of 249 US High Growth Tech and AI Stocks here.
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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:TENB NYSE:NABL and NYSE:SE.
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