High Growth Tech Stocks To Explore In December 2024

In This Article:

As global markets navigate a landscape marked by record highs in major indexes and a notable divergence between growth and value stocks, investors are keenly observing the latest economic indicators and geopolitical developments. With growth shares significantly outperforming their value counterparts, particularly in sectors like consumer discretionary, communication services, and information technology, identifying high-growth tech stocks with strong fundamentals becomes crucial for those looking to capitalize on these trends.

Top 10 High Growth Tech Companies

Name

Revenue Growth

Earnings Growth

Growth Rating

Seojin SystemLtd

35.41%

39.86%

★★★★★★

Yggdrazil Group

30.20%

87.10%

★★★★★★

Ascelia Pharma

76.15%

47.16%

★★★★★★

Waystream Holding

22.09%

113.25%

★★★★★★

Medley

25.57%

31.67%

★★★★★★

Alnylam Pharmaceuticals

22.35%

70.33%

★★★★★★

TG Therapeutics

34.66%

56.98%

★★★★★★

Fine M-TecLTD

36.52%

131.08%

★★★★★★

Alkami Technology

21.89%

98.60%

★★★★★★

Initiator Pharma

73.95%

31.67%

★★★★★★

Click here to see the full list of 1280 stocks from our High Growth Tech and AI Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

DBAPPSecurity

Simply Wall St Growth Rating: ★★★★☆☆

Overview: DBAPPSecurity Co., Ltd. focuses on the research, development, manufacture, and sale of cybersecurity products in China with a market capitalization of CN¥5.40 billion.

Operations: DBAPPSecurity Co., Ltd. specializes in cybersecurity solutions, emphasizing research, development, and manufacturing within China. The company's market capitalization stands at approximately CN¥5.40 billion.

DBAPPSecurity, amidst a challenging landscape, shows promising signs with an expected revenue growth of 18.2% annually, outpacing the Chinese market's 13.8%. This growth is supported by substantial R&D investments which are crucial for maintaining technological competitiveness. Despite current unprofitability, forecasts suggest a significant turnaround with earnings potentially growing by 69.7% per year. Recent financials indicate improvement as net losses decreased to CNY 336 million from CNY 535.53 million year-over-year, reflecting effective cost management and operational adjustments. The company’s focus on enhancing its software solutions could position it well for future profitability and market share expansion in the high-stakes tech arena.

SHSE:688023 Earnings and Revenue Growth as at Dec 2024
SHSE:688023 Earnings and Revenue Growth as at Dec 2024

Ciwen MediaLtd

Simply Wall St Growth Rating: ★★★★★☆