High Growth Tech Stocks To Watch For Potential Robust Returns

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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.

NasdaqGS:CRWD Revenue and Expenses Breakdown as at Sep 2024
NasdaqGS:CRWD Revenue and Expenses Breakdown as at Sep 2024

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.