High Growth Tech Stocks to Watch in September 2024
In This Article:
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.