High Growth Tech Stocks To Watch In November 2024

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As global markets navigate the implications of the incoming Trump administration, investors are observing a mixed landscape with U.S. stocks retracting some gains and long-term interest rates on the rise, reflecting broader economic uncertainties. In this environment, high-growth tech stocks can be particularly appealing due to their potential for innovation and resilience in adapting to shifting regulatory landscapes and economic conditions.

Top 10 High Growth Tech Companies

Name

Revenue Growth

Earnings Growth

Growth Rating

Material Group

20.45%

24.01%

★★★★★★

Yggdrazil Group

24.66%

85.53%

★★★★★★

eWeLLLtd

26.52%

27.53%

★★★★★★

Seojin SystemLtd

33.54%

52.43%

★★★★★★

Pharma Mar

26.94%

56.39%

★★★★★★

Ascelia Pharma

76.15%

47.16%

★★★★★★

Medley

25.59%

31.50%

★★★★★★

Alkami Technology

21.89%

98.60%

★★★★★★

Mental Health TechnologiesLtd

27.88%

79.61%

★★★★★★

UTI

114.97%

134.60%

★★★★★★

Click here to see the full list of 1301 stocks from our High Growth Tech and AI Stocks screener.

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

Netweb Technologies India

Simply Wall St Growth Rating: ★★★★★★

Overview: Netweb Technologies India Limited is engaged in the design, manufacturing, and sale of high-end computing solutions within India, with a market capitalization of ₹151.88 billion.

Operations: Netweb Technologies India Limited primarily generates revenue through the manufacturing and sale of computer servers, contributing ₹9.20 billion to its financials.

Netweb Technologies India is poised for robust growth with its revenue and earnings expected to outpace the Indian market's average, growing at 34.9% and 39.1% per year, respectively. This performance is underpinned by significant investment in R&D, which not only fuels innovation but also aligns with industry shifts towards more sustainable and advanced tech solutions. Recent executive changes hint at a strategic realignment that could further enhance operational efficiency and market responsiveness. The company's involvement in high-profile projects, like the reselling arrangement with Beetel Teletech Ltd., although not immediately transformative, reflects a steady commitment to expanding its market reach through existing product lines.

NSEI:NETWEB Earnings and Revenue Growth as at Nov 2024
NSEI:NETWEB Earnings and Revenue Growth as at Nov 2024

Sinch

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Sinch AB (publ) offers cloud communications services and solutions to enterprises and mobile operators across various countries, with a market cap of SEK17.46 billion.