NasdaqGM:VCYT
NasdaqGM:VCYTBiotechs

High Growth Tech Stocks To Watch In February 2025

Over the last 7 days, the United States market has risen by 1.2%, contributing to an impressive 24% increase over the past year, with earnings forecasted to grow by 15% annually. In this favorable environment, identifying high growth tech stocks involves looking for companies that demonstrate strong innovation and adaptability in rapidly evolving sectors.
NYSE:HIMS
NYSE:HIMSHealthcare

Hims & Hers Health (NYSE:HIMS) Soars 184% As Personalized Wellness Sector Gains Traction

Hims & Hers Health (NYSE:HIMS) recently recorded a staggering 185% increase in its stock price over the last quarter. This exceptionally high return occurred amidst significant activity within broader markets, where the S&P 500 reached record highs and then slightly declined. While notable macroeconomic trends like fluctuating interest rates and inflation discussions pepper economic discourse, HIMS's meteoric rise stands out. The company’s focus on personalized health and wellness services...
NYSE:PEN
NYSE:PENMedical Equipment

Penumbra (NYSE:PEN) Shares Surge 26% After US$1.2B Sales Growth

Penumbra (NYSE:PEN) reported strong sales growth for 2024 with total sales of $1,195 million, up from $1,059 million in the prior year, although net income dropped significantly from $91 million to $14 million. Earnings per share also saw a decrease. Despite this mixed performance, the company's share price surged 26% over the last quarter. This increase might be attributed to positive corporate guidance, where Penumbra projected revenue growth of 12% to 14% for 2025. During the same period,...
NasdaqGS:NXPI
NasdaqGS:NXPISemiconductor

NXP Semiconductors (NasdaqGS:NXPI) Sees 14% Rise Amid Share Repurchase Completion

NXP Semiconductors (NasdaqGS:NXPI) experienced a 14% price increase last month, potentially driven by key corporate developments and broader market trends. The company's strategic collaboration with Safetrust, integrating the MIFARE DUOX credential into the Safetrust ecosystem, represents a technically innovative move addressing security needs for NFC applications, likely enhancing investor confidence. Despite reporting a decline in earnings and revenue for 2024, the company's completion of a...
NasdaqGS:ON
NasdaqGS:ONSemiconductor

ON Semiconductor (NasdaqGS:ON) Rises 11% Following Q4 2024 Earnings Report

ON Semiconductor (NasdaqGS:ON) experienced a notable price move of 11% over the past week. The release of the company's Q4 2024 earnings showed a decrease in sales and earnings compared to the prior year, and its forward guidance for Q1 2025 anticipated lower revenues and EPS. Despite these downward adjustments, the company’s ongoing share buyback program, which recently saw the repurchase of over 4 million shares, may have played a role in bolstering investor sentiment and contributing to...
NYSE:HIG
NYSE:HIGInsurance

Hartford Insurance Group (NYSE:HIG) Declares US$375 Preferred Dividend and US$0.52 Common Dividend

Hartford Insurance Group (NYSE:HIG) recently announced dividends for both preferred and common stock, reflecting its commitment to shareholder value. The common stock dividend declaration likely played a role in the company's 2% share price increase over the past week, outpacing the broader market's 1% rise. This performance is notable considering the overall market faced downward pressure, with major indexes like the Dow Jones and S&P 500 slipping after reaching record highs. The company's...
NYSE:WMT
NYSE:WMTConsumer Retailing

Walmart (NYSE:WMT) Reports US$681 Billion Revenue And 13% Increase In Annual Dividend

Walmart (NYSE:WMT) recently announced its yearly financial results, highlighting a significant rise in sales, revenue, and net income, accompanied by a 13% dividend increase. This news initially supported the company's stock price, contributing to a 17.66% rise last quarter. However, the shares experienced volatility following a guidance outlook that failed to meet investor expectations, leading to a sharp 6% decline on February 20th. This decline occurred against a backdrop of broader stock...
NYSE:AFG
NYSE:AFGInsurance

American Financial Group (NYSE:AFG) Appoints New Directors Craig Lindner Jr and David Thompson Jr

American Financial Group (NYSE:AFG) recently announced executive and board changes, notably with the election of Craig Lindner Jr. and David L. Thompson Jr. as new directors, signaling a strategic shift in leadership. This period also saw James E. Evans announce his retirement, although he will continue as an Executive Consultant. Despite these transitions, AFG's stock registered a 2.52% decline over the past week. These leadership updates occurred amid broader market movements, including the...
NasdaqGS:MU
NasdaqGS:MUSemiconductor

Micron Technology (NasdaqGS:MU) Surges 14% After Launching 4600 PCIe Gen5 NVMe SSD

Micron Technology (NasdaqGS:MU) recently launched the Micron 4600 PCIe Gen5 NVMe SSD, boasting significant performance improvements and energy efficiency, targeting gamers and professionals. This product announcement could have been a driver behind the company's share price increase of 14% over the past week, as it underscores Micron's innovation in the tech sector. At the same time, the general technology market has seen a slight decline, with indices like the Nasdaq Composite dropping 0.9%,...
NYSE:MTB
NYSE:MTBBanks

M&T Bank (NYSE:MTB) Declares Quarterly Cash Dividend Of US$1.35 Per Share

M&T Bank (NYSE:MTB) recently affirmed a quarterly dividend of $1.35 per share, payable on March 31, 2025, underscoring its consistent commitment to shareholder value. This announcement, alongside the introduction of Neeraj Singh as the new Chief Risk Officer and a robust $4 billion share repurchase program authorized on January 22, 2025, reflects a strategic focus on capital management. Over the past month, M&T's share price increased by 1.26%, likely supported by these developments. This...
NYSE:TAP
NYSE:TAPBeverage

Molson Coors Beverage (NYSE:TAP) Surges 13% Following Q4 Net Income Rise To US$288M

Molson Coors Beverage (NYSE:TAP) saw a notable enhancement in shareholder returns last week, with a stock price rise of 12.52%. This increase coincided with the company's recent Q4 2024 earnings release, displaying significant net income growth to $288 million from $103 million year-over-year. Molson's announcement of a 47-cent per share quarterly dividend offers an impending return value for shareholders. Additionally, the company executed substantial share buybacks, reducing shares...
NYSE:STZ
NYSE:STZBeverage

Constellation Brands (NYSE:STZ) Lawsuit Over Alleged Misleading Statements Causes US$37 Share Price Dip

Constellation Brands (NYSE:STZ) saw a 7% increase in its stock price over the past week, largely in the wake of significant lawsuits. The recent securities class action has put a spotlight on the company's transparency regarding its financial performance and investor communication. Despite legal challenges, Constellation Brands' price movement contrasts starkly with broader market trends, such as the Dow and S&P 500 facing downturns, with the Dow falling 1.5% and the S&P 500 dropping 0.9%...
NYSE:BAX
NYSE:BAXMedical Equipment

Baxter International (NYSE:BAX) Sees Sales Slightly Up Despite Reporting US$512 Million Net Loss

Baxter International (NYSE:BAX) reported a concerning shift from profitability to a significant loss in the fourth quarter, with net income transitioning to a loss of $512 million despite a minor increase in sales. This financial setback was marked by a basic loss per share of $1.00, markedly lower than the previous year's earnings. Nonetheless, amid a fluctuating market landscape, where the Dow Jones dropped 1.5% and the S&P 500 and Nasdaq Composite both saw declines, Baxter's stock...
NasdaqGS:ADI
NasdaqGS:ADISemiconductor

Analog Devices (NasdaqGS:ADI) Forecasts US$2.5 Billion Revenue Q2 2025 Despite Q1 Earnings Dip

Analog Devices (NasdaqGS:ADI) has experienced a remarkable 18% increase in its share price over the past week, coinciding with several key developments. The company reported a cautious Q1 earnings announcement, with sales of $2,423 million and a net income of $391 million, marking a decline from the prior year. At the same time, the Board announced an 8% increase in the quarterly dividend, marking its 21st consecutive year of dividends. Analog Devices also updated its buyback program,...
NYSE:AWK
NYSE:AWKWater Utilities

American Water Works Company (NYSE:AWK) Announces CEO Change; Reports US$239M Net Income With 17% Sales Growth

American Water Works Company (NYSE:AWK) recorded a share price increase of 2.27% last week, potentially reflecting investor responses to its robust fourth-quarter earnings announcement, where both sales and net income saw significant year-over-year growth. The planned CEO transition from M. Susan Hardwick to John C. Griffith, effective in May, may also add stability, given Griffith's extensive financial management experience. The company's reaffirmed earnings guidance and long-term growth...
NYSE:HSY
NYSE:HSYFood

Hershey (NYSE:HSY) Completes US$2 Billion Fixed-Income Offerings With Diverse Maturities And Rates

In the past month, Hershey (NYSE:HSY) experienced a 7% rise in its share price. This increase followed the company's announcement of multiple fixed-income offerings, such as the 4.55% and 4.95% unsubordinated unsecured notes, coupled with positive Q4 earnings results, reporting a substantial increase in net income to $797 million from $349 million. The dividend declaration, marking its 380th consecutive payment, might have also enhanced investor confidence. Meanwhile, a general market uptick...
NasdaqGS:WTW
NasdaqGS:WTWInsurance

Willis Towers Watson (NasdaqGS:WTW) Appoints Industry Veteran Helen Campbell As Head Of Property Wordings

Helen Campbell's recent appointment as the Head of Property Wordings in North America highlights a strategic focus on policy clarity at Willis, a WTW business. Over the last quarter, shares of Willis Towers Watson (NasdaqGS:WTW) moved 3.65%. This period included several executive changes, such as Pat Donnelly's appointment as Head of Risk and Broking for North America, and significant financial maneuvers, like completing an $8.83 billion share buyback program. The company's earnings report,...
NasdaqGS:MCHP
NasdaqGS:MCHPSemiconductor

Microchip Technology (NasdaqGS:MCHP) Climbs 18% Despite US$54 Million Net Loss

Microchip Technology (NasdaqGS:MCHP) saw an 18% rise in its share price over the past week amidst a range of significant company and market events. Despite weaker financial results announced on February 6, including a net loss of $54 million versus last year's income of $419 million, the company maintained its quarterly dividend of $0.455 per share and confirmed future corporate guidance, possibly stabilizing investor sentiment. The appointment of Victor Peng to the Board of Directors...
NasdaqGS:LRCX
NasdaqGS:LRCXSemiconductor

Lam Research (NasdaqGS:LRCX) Unveils Breakthroughs In Chipmaking Technology With Akara And ALTUS Halo

Lam Research (NasdaqGS:LRCX) recently introduced the Akara and ALTUS Halo tools, setting a new benchmark in semiconductor manufacturing with ground-breaking enhancements in etching precision and metallization techniques. These technological advancements highlight the company's leadership and may have fueled an impressive 20% share price rise in the past quarter. Additionally, robust Q2 financial results showcased a revenue increase over the prior year, possibly fortifying investor confidence...