High Growth Tech Stocks To Watch For Potential Portfolio Enhancement

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As global markets continue to climb, with small-cap indices like the Russell 2000 reaching record highs amid a backdrop of geopolitical and domestic policy influences, investors are keenly observing how these dynamics impact high-growth sectors. In this environment, identifying tech stocks with strong growth potential can be crucial for portfolio enhancement, especially as economic indicators highlight resilience in consumer spending despite ongoing manufacturing challenges.

Top 10 High Growth Tech Companies

Name

Revenue Growth

Earnings Growth

Growth Rating

Material Group

20.45%

24.01%

★★★★★★

eWeLLLtd

27.24%

28.74%

★★★★★★

Waystream Holding

22.09%

113.25%

★★★★★★

Pharma Mar

25.97%

56.89%

★★★★★★

Medley

25.57%

31.67%

★★★★★★

CD Projekt

21.20%

28.62%

★★★★★★

TG Therapeutics

34.66%

56.98%

★★★★★★

Elliptic Laboratories

70.09%

111.37%

★★★★★★

Alkami Technology

21.89%

98.60%

★★★★★★

Initiator Pharma

73.95%

31.34%

★★★★★★

Click here to see the full list of 1288 stocks from our High Growth Tech and AI Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Serko

Simply Wall St Growth Rating: ★★★★★☆

Overview: Serko Limited is a Software-as-a-Service technology company that offers online travel booking software solutions and expense management services across New Zealand, Australia, North America, Europe, and other international markets, with a market cap of NZ$449.50 million.

Operations: Serko generates revenue primarily through its provision of software solutions, amounting to NZ$74.45 million. The company focuses on delivering online travel booking and expense management services across multiple regions globally.

Serko's trajectory in the high-growth tech sector is marked by a robust revenue increase forecast at 21.2% annually, outpacing the New Zealand market's 4.2% growth rate. Despite current unprofitability, earnings are expected to surge by approximately 64.5% per year, positioning Serko for potential profitability within three years. This optimistic outlook is underpinned by significant R&D investments which underscore the company’s commitment to innovation and market expansion, crucial for maintaining competitiveness in the fast-evolving tech landscape. Recent executive changes and a positive half-year financial report suggest strategic realignments and operational improvements that could further enhance its market stance and future prospects.

NZSE:SKO Earnings and Revenue Growth as at Dec 2024
NZSE:SKO Earnings and Revenue Growth as at Dec 2024

Horizon Robotics

Simply Wall St Growth Rating: ★★★★★☆

Overview: Horizon Robotics, listed under ticker SEHK:9660, is an investment holding company that specializes in providing automotive solutions for passenger vehicles in China, with a market capitalization of approximately HK$53.29 billion.