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ParTec And 2 High Growth Tech Stocks To Watch In Germany

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The German market has recently seen a decline, with the DAX falling by 3.20% amid concerns about global economic growth and mixed industrial output data. Despite these challenges, investors are still on the lookout for high-growth opportunities in the tech sector. In this environment, identifying strong stocks often involves looking at companies with innovative technologies and robust growth potential that can withstand broader market volatility.

Top 10 High Growth Tech Companies In Germany

Name

Revenue Growth

Earnings Growth

Growth Rating

Ströer SE KGaA

7.39%

29.86%

★★★★★☆

Stemmer Imaging

13.34%

23.20%

★★★★★☆

Formycon

31.78%

30.52%

★★★★★☆

Exasol

14.66%

117.10%

★★★★★☆

ParTec

41.16%

63.31%

★★★★★★

medondo holding

34.52%

71.99%

★★★★★☆

Northern Data

32.53%

68.17%

★★★★★☆

cyan

27.51%

67.79%

★★★★★☆

Rubean

59.40%

73.87%

★★★★★☆

asknet Solutions

20.06%

74.86%

★★★★★☆

Click here to see the full list of 45 stocks from our German High Growth Tech and AI Stocks screener.

Let's uncover some gems from our specialized screener.

ParTec

Simply Wall St Growth Rating: ★★★★★★

Overview: ParTec AG develops, manufactures, and supplies supercomputer and quantum computer solutions with a market cap of €484.00 million.

Operations: ParTec AG focuses on creating advanced computing solutions, including supercomputers and quantum computers. The company operates within a specialized niche in the technology sector, leveraging its expertise to cater to high-performance computing needs.

ParTec's recent performance highlights its dynamic growth within the tech sector. Revenue surged by 165.1% over the past year, while earnings are forecast to grow at an impressive 63.31% annually. With R&D expenses constituting a significant portion of its budget, ParTec invests heavily in innovation, ensuring sustained advancement in their offerings. The company’s revenue is expected to climb by 41.2% per year, outpacing the German market average of 5.4%.

DB:JY0 Earnings and Revenue Growth as at Sep 2024
DB:JY0 Earnings and Revenue Growth as at Sep 2024

Northern Data

Simply Wall St Growth Rating: ★★★★★☆

Overview: Northern Data AG develops and operates high-performance computing (HPC) infrastructure solutions for businesses and research institutions worldwide, with a market cap of approximately €1.61 billion.

Operations: Northern Data AG generates revenue primarily through its Peak Mining (€156.13 million) and Taiga Cloud (€22.13 million) segments, with additional income from Ardent Data Centers (€31.46 million). The company also incurs a significant consolidation cost of -€178.50 million.