November 2024's Top Growth Picks With High Insider Confidence

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In the wake of a "red sweep" in the U.S. elections, global markets have experienced significant shifts, with major benchmarks like the S&P 500 and Nasdaq Composite reaching record highs amid expectations of growth-friendly policies. As investors navigate these evolving conditions, companies with high insider ownership often signal strong internal confidence and alignment with shareholder interests, making them compelling considerations for those seeking growth opportunities in today's market landscape.

Top 10 Growth Companies With High Insider Ownership

Name

Insider Ownership

Earnings Growth

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%

Pharma Mar (BME:PHM)

11.8%

56.4%

Findi (ASX:FND)

34.8%

64.8%

Credo Technology Group Holding (NasdaqGS:CRDO)

13.9%

95%

Alkami Technology (NasdaqGS:ALKT)

11.2%

98.6%

EHang Holdings (NasdaqGM:EH)

32.8%

81.4%

UTI (KOSDAQ:A179900)

33.1%

134.6%

Click here to see the full list of 1522 stocks from our Fast Growing Companies With High Insider Ownership screener.

Underneath we present a selection of stocks filtered out by our screen.

TBO Tek

Simply Wall St Growth Rating: ★★★★★☆

Overview: TBO Tek Limited operates travel distribution platforms in India and internationally, with a market cap of ₹178.08 billion.

Operations: The company's revenue segments include Air Ticketing at ₹3.44 billion and Hotels and Packages at ₹10.88 billion.

Insider Ownership: 23.3%

TBO Tek shows promising growth potential, with earnings forecasted to grow significantly at 29.5% annually, outpacing the Indian market's average. Recent earnings reports highlight strong performance, with net income reaching INR 600.88 million for Q2 2024. Revenue growth is expected at a robust rate of 19.2% per year, surpassing the market average of 10.5%. Insider ownership remains stable without recent substantial buying or selling activity noted in the past three months.

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

Asia Aviation

Simply Wall St Growth Rating: ★★★★★☆

Overview: Asia Aviation Public Company Limited operates airline services in Thailand with a market cap of THB35.98 billion.

Operations: The company's revenue is primarily derived from Scheduled Flight Operations, amounting to THB47.29 billion, and Charter Flight Operations, contributing THB110.68 million.

Insider Ownership: 17.9%

Asia Aviation's recent profitability marks a turnaround, with net income of THB 84.07 million in Q2 2024 compared to a loss last year. Earnings are forecasted to grow significantly at 34.7% annually, outpacing the Thai market's average growth rate. However, revenue is expected to increase at a slower pace of 7% per year. The stock trades below its estimated fair value, but interest payments remain inadequately covered by earnings, indicating potential financial constraints.