High Growth Tech Stocks To Explore In November 2024

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As global markets navigate the uncertainties surrounding the incoming Trump administration's policies, key indices such as the S&P 500 and Nasdaq have experienced notable fluctuations, reflecting investor sentiment and broader economic indicators. In this dynamic environment, identifying high-growth tech stocks requires a keen understanding of market trends and potential regulatory impacts that could influence corporate earnings.

Top 10 High Growth Tech Companies

Name

Revenue Growth

Earnings Growth

Growth Rating

Yggdrazil Group

24.66%

85.53%

★★★★★★

eWeLLLtd

26.52%

27.53%

★★★★★★

Seojin SystemLtd

33.54%

52.43%

★★★★★★

Ascelia Pharma

76.15%

47.16%

★★★★★★

Medley

25.59%

31.50%

★★★★★★

Mental Health TechnologiesLtd

27.88%

79.61%

★★★★★★

Alnylam Pharmaceuticals

22.45%

70.66%

★★★★★★

TG Therapeutics

34.66%

56.48%

★★★★★★

Travere Therapeutics

31.75%

72.43%

★★★★★★

UTI

114.97%

134.60%

★★★★★★

Click here to see the full list of 1303 stocks from our High Growth Tech and AI Stocks screener.

Let's uncover some gems from our specialized screener.

DAEDUCK ELECTRONICS

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Daeduck Electronics Co., Ltd. is engaged in the provision of various printed circuit boards (PCB) both domestically in South Korea and internationally, with a market cap of ₩774.61 billion.

Operations: The primary revenue stream for Daeduck Electronics comes from the manufacture and sale of printed circuit boards (PCB), generating approximately ₩925.14 billion.

DAEDUCK Electronics, despite a challenging past year with earnings growth down by 79.3%, is poised for a significant rebound with projected earnings growth of 57.2% annually, outpacing the broader Korean market's 29%. This surge is underpinned by robust R&D investments that fuel innovation in its electronic segment, crucial for maintaining competitive edge in the fast-evolving tech landscape. Moreover, with revenue growth also set to exceed market averages at 12.4% annually compared to the market's 9.8%, DAEDUCK is strategically positioned to capitalize on expanding market opportunities. However, it faces hurdles like last year’s profit margin contraction from 9.8% to just 2.4%, underscoring efficiency challenges amid aggressive expansion efforts.

KOSE:A353200 Revenue and Expenses Breakdown as at Nov 2024
KOSE:A353200 Revenue and Expenses Breakdown as at Nov 2024

Sectra

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Sectra AB (publ) is a company that offers solutions in the medical IT and cybersecurity sectors across Sweden, the United Kingdom, the Netherlands, and other parts of Europe, with a market capitalization of SEK54.87 billion.