Exploring Three High Growth Tech Stocks in the United States

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Over the last 7 days, the market has remained flat, but it is up 23% over the past year with earnings forecasted to grow by 15% annually. In this environment, identifying high growth tech stocks that can capitalize on these trends is crucial for investors seeking robust returns.

Top 10 High Growth Tech Companies In The United States

Name

Revenue Growth

Earnings Growth

Growth Rating

TG Therapeutics

28.62%

43.05%

★★★★★★

Sarepta Therapeutics

24.22%

44.94%

★★★★★★

Ardelyx

27.44%

65.50%

★★★★★★

Super Micro Computer

20.76%

28.05%

★★★★★★

Iris Energy

69.80%

125.09%

★★★★★★

G1 Therapeutics

27.57%

57.75%

★★★★★★

Invivyd

42.85%

71.50%

★★★★★★

Amicus Therapeutics

20.45%

61.85%

★★★★★★

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

Vericel

Simply Wall St Growth Rating: ★★★★★☆

Overview: Vericel Corporation is a commercial-stage biopharmaceutical company focused on the research, development, manufacture, and distribution of cellular therapies for sports medicine and severe burn care markets in North America, with a market cap of $2.45 billion.

Operations: Vericel focuses on cellular therapies for sports medicine and severe burn care, generating $214.52 million in revenue from its biotechnology segment. The company operates exclusively in North America.

Vericel has shown promising growth, with revenue increasing by 22% annually and earnings forecasted to grow at an impressive 51.7% per year. Recently, the FDA approved a supplemental Biologics License Application for MACI® Arthro™, expanding its use and targeting a $3 billion addressable market. The company reported Q2 revenue of $52.66 million, up from $45.92 million last year, while net loss narrowed to $4.68 million from $5.02 million previously. Additionally, Vericel's R&D expenses reflect its commitment to innovation in biotech solutions; however, shareholders experienced dilution over the past year due to new equity issuances. The company's strategic focus on expanding its product offerings and customer base highlights its potential for sustained growth in the competitive biotech sector.

NasdaqGM:VCEL Earnings and Revenue Growth as at Aug 2024
NasdaqGM:VCEL Earnings and Revenue Growth as at Aug 2024

Halozyme Therapeutics

Simply Wall St Growth Rating: ★★★★★☆

Overview: Halozyme Therapeutics, Inc. is a biopharma technology platform company that researches, develops, and commercializes proprietary enzymes and devices globally, with a market cap of $7.87 billion.