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Amid a busy earnings season and mixed economic signals, global markets have seen fluctuations with small-cap stocks holding up better than their larger counterparts, despite cautious earnings reports from major tech players. In this dynamic environment, identifying high-growth tech stocks involves looking for companies with strong fundamentals and innovative potential that can navigate the current market volatility and capitalize on emerging opportunities.
Top 10 High Growth Tech Companies
| Name | Revenue Growth | Earnings Growth | Growth Rating |
|---|---|---|---|
| Material Group | 20.45% | 24.01% | ★★★★★★ |
| Sarepta Therapeutics | 23.80% | 44.01% | ★★★★★★ |
| eWeLLLtd | 26.52% | 27.53% | ★★★★★★ |
| TG Therapeutics | 30.63% | 46.00% | ★★★★★★ |
| Scandion Oncology | 40.71% | 75.34% | ★★★★★★ |
| Pharma Mar | 26.94% | 55.09% | ★★★★★★ |
| Alkami Technology | 21.90% | 98.60% | ★★★★★★ |
| Adveritas | 57.98% | 144.21% | ★★★★★★ |
| Travere Therapeutics | 31.17% | 71.73% | ★★★★★★ |
| UTI | 114.97% | 134.60% | ★★★★★★ |
Click here to see the full list of 1290 stocks from our High Growth Tech and AI Stocks screener.
Let's review some notable picks from our screened stocks.
Gentrack Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Gentrack Group Limited develops, integrates, and supports enterprise billing and customer management software solutions for the energy, water utility, and airport industries with a market cap of NZ$1.04 billion.
Operations: Gentrack Group generates revenue primarily from its utility and airport segments, with the utility segment contributing NZ$160.52 million and the airport segment NZ$27.08 million. The company focuses on providing specialized software solutions tailored for billing and customer management in these sectors.
Gentrack Group, recently added to the S&P/ASX Small Ordinaries and 300 Indexes, showcases a promising trajectory with expected annual profit growth of 29.3%, outpacing the New Zealand market's 15.5%. Despite a challenging year with earnings contraction of 27.8%, forecasts indicate robust revenue expansion at 12.6% annually, significantly above the market average of 4.4%. This growth is underpinned by high-quality earnings and a positive free cash flow, although its return on equity in three years is anticipated to be modest at 12.3%. As Gentrack continues to navigate its sector, these dynamics suggest a resilient adaptability amid evolving market demands.
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Delve into the full analysis health report here for a deeper understanding of Gentrack Group.
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Evaluate Gentrack Group's historical performance by accessing our past performance report.
Forth Corporation
Simply Wall St Growth Rating: ★★★★★★
Overview: Forth Corporation Public Company Limited, along with its subsidiaries, is involved in the manufacture and distribution of electronic equipment both in Thailand and internationally, with a market capitalization of THB11.79 billion.