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As the United States markets experience a Santa Claus rally, with major indices like the Nasdaq Composite and S&P 500 posting gains, investors are keenly observing growth companies that are making significant strides. In this buoyant market environment, high insider ownership in growth stocks can indicate confidence from those closest to the company, making them an area of interest for many investors seeking potential opportunities.
Top 10 Growth Companies With High Insider Ownership In The United States
Name | Insider Ownership | Earnings Growth |
Atour Lifestyle Holdings (NasdaqGS:ATAT) | 26% | 25.7% |
Super Micro Computer (NasdaqGS:SMCI) | 14.4% | 24.3% |
On Holding (NYSE:ONON) | 19.1% | 29.4% |
Duolingo (NasdaqGS:DUOL) | 14.6% | 34.7% |
Clene (NasdaqCM:CLNN) | 21.6% | 59.2% |
EHang Holdings (NasdaqGM:EH) | 32.8% | 81.5% |
Credo Technology Group Holding (NasdaqGS:CRDO) | 13.4% | 66.3% |
BBB Foods (NYSE:TBBB) | 22.9% | 41% |
Credit Acceptance (NasdaqGS:CACC) | 14.0% | 49% |
Myomo (NYSEAM:MYO) | 13.7% | 69.1% |
We'll examine a selection from our screener results.
AppLovin
Simply Wall St Growth Rating: ★★★★★☆
Overview: AppLovin Corporation develops a software-based platform aimed at improving marketing and monetization for advertisers both in the United States and globally, with a market cap of approximately $114.72 billion.
Operations: The company's revenue segments consist of $1.49 billion from Apps and $2.80 billion from its Software Platform.
Insider Ownership: 35.5%
Revenue Growth Forecast: 19% p.a.
AppLovin demonstrates significant growth potential, with earnings forecasted to grow at 32.6% annually, outpacing the US market. Despite a high level of debt and recent insider selling, the company shows robust financial performance, evidenced by a substantial increase in net income and sales over the past year. Recent strategic moves include a $996.89 million fixed-income offering and its addition to the NASDAQ-100 Index, reflecting market confidence in its growth trajectory.
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Take a closer look at AppLovin's potential here in our earnings growth report.
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The valuation report we've compiled suggests that AppLovin's current price could be inflated.
Canadian Solar
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Canadian Solar Inc., along with its subsidiaries, offers solar energy and battery energy storage products and solutions across Asia, the Americas, Europe, and internationally, with a market cap of approximately $781.39 million.
Operations: Canadian Solar's revenue is primarily derived from its CSI Solar segment, contributing $6.49 billion, and its Recurrent Energy segment, which adds $188.76 million.