Exploring Three High Growth Tech Stocks in the United States

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Over the last 7 days, the market has risen 1.8%, and in the last year, it has climbed 32%, with earnings expected to grow by 15% per annum over the next few years. In this favorable environment, identifying high growth tech stocks that show strong potential can be a promising strategy for investors looking to capitalize on these trends.

Top 10 High Growth Tech Companies In The United States

Name

Revenue Growth

Earnings Growth

Growth Rating

Super Micro Computer

20.86%

27.98%

★★★★★★

Sarepta Therapeutics

23.58%

44.12%

★★★★★★

TG Therapeutics

28.39%

43.54%

★★★★★★

Invivyd

42.91%

70.39%

★★★★★★

Ardelyx

27.46%

66.34%

★★★★★★

Amicus Therapeutics

20.32%

62.37%

★★★★★★

Clene

71.89%

60.05%

★★★★★★

Travere Therapeutics

26.68%

68.80%

★★★★★★

Seagen

22.57%

71.80%

★★★★★★

ImmunoGen

26.00%

45.85%

★★★★★★

Click here to see the full list of 252 stocks from our US High Growth Tech and AI Stocks screener.

We'll examine a selection from our screener results.

Harmonic

Simply Wall St Growth Rating: ★★★★★☆

Overview: Harmonic Inc., along with its subsidiaries, offers broadband solutions globally and has a market cap of $1.68 billion.

Operations: The company generates revenue through two primary segments: Video ($192.23 million) and Broadband ($362.87 million).

Harmonic is demonstrating robust growth in the tech sector, with revenue and earnings forecasted to surge by 24.4% and 54.7% annually, outpacing the broader US market significantly. This growth is underpinned by a strategic focus on R&D, where Harmonic invested heavily, aligning with its latest innovations like the cOS? virtualized broadband platform used by Bluepeak Fiber to enhance broadband services. These developments not only underscore Harmonic's commitment to advancing technology but also position it well for sustained growth amidst evolving digital demands.

NasdaqGS:HLIT Earnings and Revenue Growth as at Sep 2024

Waystar Holding

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Waystar Holding Corp. develops a cloud-based software solution for healthcare payments and has a market cap of $4.51 billion.

Operations: Waystar Holding Corp. generates revenue primarily from its Internet Software & Services segment, which amounted to $863.29 million. The company focuses on providing a cloud-based software solution tailored for healthcare payments.

Amidst a challenging landscape, Waystar Holding has managed to secure a spot in the S&P TMI Index, reflecting potential investor confidence despite its recent financial turbulence. The company reported a significant revenue jump to $234.54 million in Q2 2024, up from $195.97 million the previous year, marking a 19.7% increase; however, it faced an expanded net loss of $27.69 million compared to $10.81 million year-over-year. On the innovation front, Waystar is actively seeking acquisitions to bolster its growth trajectory and has committed to R&D investments aimed at driving sustainable advancements—key moves that could reshape its market standing and fulfill its projection of accelerating revenues by 9.2% annually.