Insider Picks For Top Growth Stocks In November 2024

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As global markets react to the recent U.S. election results and a significant Federal Reserve rate cut, major indices have reached record highs, driven by optimism around potential economic growth and regulatory changes. In this context of heightened market activity, stocks with high insider ownership can be particularly attractive as they often signal confidence from those closest to the company's operations and strategic direction.

Top 10 Growth Companies With High Insider Ownership

Name

Insider Ownership

Earnings Growth

People & Technology (KOSDAQ:A137400)

16.4%

36.6%

Archean Chemical Industries (NSEI:ACI)

22.9%

42.1%

Kirloskar Pneumatic (BSE:505283)

30.3%

26.3%

Laopu Gold (SEHK:6181)

36.4%

33.9%

Medley (TSE:4480)

34%

30.4%

Seojin SystemLtd (KOSDAQ:A178320)

31.1%

49.1%

Findi (ASX:FND)

34.8%

64.8%

Plenti Group (ASX:PLT)

12.8%

107.6%

Brightstar Resources (ASX:BTR)

16.2%

84.6%

UTI (KOSDAQ:A179900)

33.1%

134.6%

Click here to see the full list of 1525 stocks from our Fast Growing Companies With High Insider Ownership screener.

Let's dive into some prime choices out of the screener.

Syrma SGS Technology

Simply Wall St Growth Rating: ★★★★★☆

Overview: Syrma SGS Technology Limited offers turnkey electronic manufacturing services across India, the United States, Germany, and other international markets with a market cap of ₹95.81 billion.

Operations: The company generates revenue of ₹38.33 billion from its electronic manufacturing services segment.

Insider Ownership: 27.5%

Syrma SGS Technology is expanding its footprint with a new 1.20 million square foot manufacturing facility in Pune, enhancing its PCB assembly capabilities. The company is actively seeking acquisitions to overcome regulatory challenges and access new markets, supported by an INR 10 billion fundraising plan. Despite significant revenue growth forecasts of 23.1% annually, profit margins have declined from last year. Earnings are projected to grow at 34.65% per year, outpacing the Indian market's average growth rate.

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

Shenzhen Envicool Technology

Simply Wall St Growth Rating: ★★★★★★

Overview: Shenzhen Envicool Technology Co., Ltd. specializes in producing and selling temperature control solutions and products in China, with a market capitalization of approximately CN¥27.05 billion.

Operations: The company's revenue primarily comes from its Precision Temperature Control Energy Saving Equipment segment, generating CN¥4.33 billion.