Exploring 3 High Growth Tech Stocks in the United States

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Over the last 7 days, the United States market has experienced a 2.1% drop, yet it has impressively risen by 30% over the past year with earnings projected to grow by 15% annually. In this environment, identifying high growth tech stocks involves looking for companies that demonstrate strong potential for innovation and scalability while aligning with these robust market trends.

Top 10 High Growth Tech Companies In The United States

Name

Revenue Growth

Earnings Growth

Growth Rating

Invivyd

50.60%

71.37%

★★★★★★

Sarepta Therapeutics

23.89%

42.65%

★★★★★★

AsiaFIN Holdings

51.75%

82.69%

★★★★★★

Alkami Technology

21.89%

98.60%

★★★★★★

Alnylam Pharmaceuticals

22.45%

70.66%

★★★★★★

Clene

78.50%

60.70%

★★★★★★

TG Therapeutics

34.66%

56.48%

★★★★★★

Travere Therapeutics

31.75%

72.43%

★★★★★★

Seagen

22.57%

71.80%

★★★★★★

ImmunoGen

26.00%

45.85%

★★★★★★

Click here to see the full list of 251 stocks from our US High Growth Tech and AI Stocks screener.

Let's review some notable picks from our screened stocks.

PowerFleet

Simply Wall St Growth Rating: ★★★★★☆

Overview: PowerFleet, Inc. offers Internet-of-Things solutions across the United States, Israel, and internationally, with a market capitalization of $785.90 million.

Operations: The company generates revenue through its Wireless IoT Asset Management segment, contributing $221.07 million.

PowerFleet's trajectory in the high-tech sector is underscored by a robust 29.7% forecasted annual revenue growth, outpacing the broader U.S. market's 8.9%. Despite current unprofitability, there's an optimistic outlook with earnings expected to surge by 142.1% annually over the next three years, signaling potential for significant financial turnaround. Recent strategic moves, including the acquisition of Fleet Complete, position PowerFleet as a burgeoning leader in AIoT SaaS solutions, enhancing its competitive edge and market footprint. This strategic expansion is complemented by reaffirmed revenue expectations for 2025 exceeding $352 million and recent substantial share dilution through a $70 million equity raise aimed at fueling these growth initiatives.

NasdaqGM:AIOT Earnings and Revenue Growth as at Nov 2024
NasdaqGM:AIOT Earnings and Revenue Growth as at Nov 2024

Live Nation Entertainment

Simply Wall St Growth Rating: ★★★★★☆

Overview: Live Nation Entertainment, Inc. is a global live entertainment company with a market capitalization of approximately $29.75 billion.

Operations: The company generates revenue primarily from its Concerts segment, contributing approximately $19.33 billion, followed by Ticketing at about $2.89 billion and Sponsorship & Advertising at roughly $1.17 billion.