In This Article:
Amidst a challenging global market environment, characterized by cautious commentary from the Federal Reserve and political uncertainty in the U.S., smaller-cap indexes have notably underperformed, reflecting broader investor concerns. In such a climate, identifying high-growth tech stocks that can weather economic fluctuations and offer potential upside becomes crucial for investors seeking to enhance their portfolios.
Top 10 High Growth Tech Companies
| Name | Revenue Growth | Earnings Growth | Growth Rating |
|---|---|---|---|
| Material Group | 20.45% | 24.01% | ★★★★★★ |
| Seojin SystemLtd | 35.41% | 39.86% | ★★★★★★ |
| Yggdrazil Group | 30.20% | 87.10% | ★★★★★★ |
| eWeLLLtd | 27.24% | 28.74% | ★★★★★★ |
| Ascelia Pharma | 76.15% | 47.16% | ★★★★★★ |
| Medley | 25.57% | 31.67% | ★★★★★★ |
| Waystream Holding | 22.09% | 113.25% | ★★★★★★ |
| CD Projekt | 24.92% | 27.00% | ★★★★★★ |
| Fine M-TecLTD | 36.52% | 131.08% | ★★★★★★ |
| JNTC | 29.48% | 104.37% | ★★★★★★ |
Click here to see the full list of 1276 stocks from our High Growth Tech and AI Stocks screener.
Let's review some notable picks from our screened stocks.
Storytel
Simply Wall St Growth Rating: ★★★★★☆
Overview: Storytel AB (publ) offers streaming services for audiobooks and e-books, with a market capitalization of SEK5.26 billion.
Operations: The company generates revenue primarily from its books segment, amounting to SEK859.34 million. A notable aspect of its financials is the inclusion of segment adjustments totaling SEK3.51 billion, which significantly impacts overall figures.
Storytel's recent financial performance highlights a significant turnaround, with third-quarter sales rising to SEK 954.02 million from SEK 895.76 million year-over-year and a shift from a net loss to a net income of SEK 51.36 million. This improvement is mirrored in the nine-month earnings report showing an increase in sales to SEK 2.77 billion, up from SEK 2.54 billion, alongside an encouraging transition from a substantial net loss last year to a positive net income of SEK 55.76 million this year. These figures underscore Storytel's robust recovery trajectory and its potential resilience amidst executive board changes, including the recent resignation of board member Joakim Rubin, which might prompt strategic shifts pending the appointment of new leadership by next year’s AGM.
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Delve into the full analysis health report here for a deeper understanding of Storytel.
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Examine Storytel's past performance report to understand how it has performed in the past.
baudroieinc
Simply Wall St Growth Rating: ★★★★★☆
Overview: Baudroie, Inc. is a company that offers optimal IT solutions in Japan with a market capitalization of ¥76.50 billion.
Operations: The company specializes in delivering IT solutions within Japan. With a market capitalization of approximately ¥76.50 billion, it focuses on providing tailored technological services to its clients.