High Growth Tech Stocks to Watch in December 2024

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As global markets navigate a landscape marked by cautious Federal Reserve commentary and political uncertainties, smaller-cap indexes have faced notable challenges, with the S&P 500 experiencing its longest streak of more decliners than gainers since 1978. Amid this backdrop, identifying high-growth tech stocks requires a keen eye for innovation and resilience in sectors that can thrive despite broader economic pressures.

Top 10 High Growth Tech Companies

Name

Revenue Growth

Earnings Growth

Growth Rating

Seojin SystemLtd

35.41%

39.86%

★★★★★★

Waystream Holding

22.09%

113.25%

★★★★★★

Pharma Mar

25.43%

56.19%

★★★★★★

Sarepta Therapeutics

24.09%

42.97%

★★★★★★

TG Therapeutics

34.86%

56.98%

★★★★★★

Fine M-TecLTD

36.52%

131.08%

★★★★★★

Alkami Technology

21.99%

102.65%

★★★★★★

Initiator Pharma

73.95%

31.67%

★★★★★★

Elliptic Laboratories

70.09%

111.37%

★★★★★★

Travere Therapeutics

31.70%

72.51%

★★★★★★

Click here to see the full list of 1279 stocks from our High Growth Tech and AI Stocks screener.

We're going to check out a few of the best picks from our screener tool.

ISU Petasys

Simply Wall St Growth Rating: ★★★★★★

Overview: ISU Petasys Co., Ltd. is a global manufacturer and seller of printed circuit boards (PCBs) with a market capitalization of ₩1.57 trillion.

Operations: ISU Petasys focuses on the manufacturing and sale of printed circuit boards, generating revenue of ₩784.07 billion. The company's operations are centered around its core PCB business, reflecting a streamlined revenue model.

ISU Petasys, amidst a dynamic tech landscape, has demonstrated robust financial agility with its annual revenue growth projected at 20.6% and earnings expected to surge by 49.7% annually. Recent strategic moves including a significant follow-on equity offering of KRW 549.82 billion underscore its aggressive capital expansion plans. At the recent KIS Global Investors Conference, the firm showcased innovations likely to fuel these growth metrics further, positioning it favorably against both industry and broader market averages which lag in comparison. Notably, its R&D commitment is poised to enhance competitive edges in electronic segments critical for future tech evolutions. The company's recent recapitalization efforts and shareholder discussions reflect proactive governance adapting to market demands. With earnings growth outpacing the industry by 2.9%, ISU Petasys not only surpasses its peers but also aligns with high-profile client expectations in a rapidly evolving sector. This trajectory is supported by substantial investments in development sectors pivotal for long-term sustainability and market leadership in high-tech electronics, ensuring it remains at the forefront of technological advancements.