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December 2024's Top Growth Stocks With Strong Insider Confidence

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As global markets navigate a landscape of mixed economic signals and geopolitical developments, growth stocks have emerged as standout performers, with major indices like the S&P 500 and Nasdaq Composite reaching record highs. Amid this backdrop, insider ownership can serve as a key indicator of confidence in a company's future prospects, making it an important factor for investors to consider when evaluating potential growth opportunities.

Top 10 Growth Companies With High Insider Ownership

Name

Insider Ownership

Earnings Growth

People & Technology (KOSDAQ:A137400)

16.4%

37.3%

Kirloskar Pneumatic (BSE:505283)

30.3%

26.3%

Archean Chemical Industries (NSEI:ACI)

22.9%

41.3%

SKS Technologies Group (ASX:SKS)

32.4%

24.8%

Laopu Gold (SEHK:6181)

36.4%

34.2%

Medley (TSE:4480)

34%

31.7%

Plenti Group (ASX:PLT)

12.8%

120.1%

HANA Micron (KOSDAQ:A067310)

18.4%

110.9%

Brightstar Resources (ASX:BTR)

16.2%

84.6%

Findi (ASX:FND)

34.8%

112.9%

Click here to see the full list of 1509 stocks from our Fast Growing Companies With High Insider Ownership screener.

Here we highlight a subset of our preferred stocks from the screener.

Med Life

Simply Wall St Growth Rating: ★★★★★☆

Overview: Med Life S.A. is a private healthcare provider offering services across several Romanian cities, with a market cap of RON3.13 billion.

Operations: The company's revenue segments consist of Clinics (RON964.73 million), Corporate (RON294.65 million), Dentistry (RON124.30 million), Hospitals (RON595.99 million), Pharmacies (RON64.82 million), and Laboratories (RON284.81 million).

Insider Ownership: 39.3%

Med Life's earnings are forecast to grow significantly at 92.9% annually, outpacing the broader market, despite revenue growth being slower at 11.5%. The company is trading well below its estimated fair value, presenting a potential opportunity for investors. Recent results show improved financial performance with net income rising to RON 25.15 million over nine months, although interest payments remain a concern due to insufficient earnings coverage.

BVB:M Ownership Breakdown as at Dec 2024
BVB:M Ownership Breakdown as at Dec 2024

Auras Technology

Simply Wall St Growth Rating: ★★★★★★

Overview: Auras Technology Co., Ltd. specializes in the manufacturing, processing, and retailing of electronic materials and computer cooling modules across China, Taiwan, Ireland, Singapore, the United States, and internationally with a market cap of NT$64.34 billion.

Operations: The company generates revenue from its Electronic Components & Parts segment, amounting to NT$14.99 billion.