High Growth Tech Stocks To Watch In December 2024

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As global markets experience a wave of optimism, with U.S. small-cap indices like the Russell 2000 reaching new highs and broader indices maintaining strong upward momentum, investors are keenly observing how geopolitical developments and economic indicators might influence future trends. In this environment, identifying high-growth tech stocks involves looking for companies that not only demonstrate robust innovation but also have the resilience to navigate potential trade tensions and capitalize on consumer spending strength.

Top 10 High Growth Tech Companies

Name

Revenue Growth

Earnings Growth

Growth Rating

Material Group

20.45%

24.01%

★★★★★★

Ascelia Pharma

76.15%

47.16%

★★★★★★

Waystream Holding

22.09%

113.25%

★★★★★★

Pharma Mar

28.04%

56.19%

★★★★★★

Alnylam Pharmaceuticals

22.35%

70.33%

★★★★★★

TG Therapeutics

34.66%

56.98%

★★★★★★

Elliptic Laboratories

70.09%

111.37%

★★★★★★

Alkami Technology

21.89%

98.60%

★★★★★★

Travere Therapeutics

31.70%

72.51%

★★★★★★

Initiator Pharma

73.95%

31.67%

★★★★★★

Click here to see the full list of 1285 stocks from our High Growth Tech and AI Stocks screener.

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

Bonesupport Holding

Simply Wall St Growth Rating: ★★★★★★

Overview: Bonesupport Holding AB (publ) is an orthobiologics company that develops and commercializes injectable bio-ceramic bone graft substitutes across Europe, North America, and internationally, with a market cap of SEK23.72 billion.

Operations: Bonesupport generates revenue primarily from its pharmaceuticals segment, amounting to SEK814.46 million. The company focuses on developing and commercializing injectable bio-ceramic bone graft substitutes across various regions.

Bonesupport Holding's strategic emphasis on R&D is evident with a robust 34.9% year-over-year revenue growth, outpacing the Swedish market's modest 0.1% increase. This surge is underpinned by their innovative approach in medical solutions, particularly highlighted by the SOLARIO study results which demonstrated significant reductions in systemic antibiotic use through their products CERAMENT® G and CERAMENT® V. The company's financial health is further endorsed by an anticipated earnings growth of 74.3% annually, significantly above the market average of 15.1%. Recent executive changes and a notable transaction where Erik Selin acquired a 5.92% stake for SEK 1.3 billion underscore investor confidence and potential shifts in governance that could influence future strategy and market positioning.