Stock Analysis

High Growth Tech Stocks To Watch In None Market

TSX:CMG
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As global markets continue to navigate a complex economic landscape, U.S. stock indexes have been climbing toward record highs, with the Nasdaq Composite leading the charge and growth stocks outperforming value shares. In this environment of heightened inflation expectations and volatile Treasury yields, identifying high-growth tech stocks requires an understanding of their potential to thrive amidst both economic uncertainty and technological innovation.

Top 10 High Growth Tech Companies

NameRevenue GrowthEarnings GrowthGrowth Rating
Clinuvel Pharmaceuticals21.39%26.17%★★★★★★
eWeLLLtd25.36%25.10%★★★★★★
CD Projekt27.11%39.37%★★★★★★
Pharma Mar23.77%45.40%★★★★★★
Elliptic Laboratories61.01%121.13%★★★★★★
Travere Therapeutics30.33%61.73%★★★★★★
Alnylam Pharmaceuticals21.80%58.78%★★★★★★
Initiator Pharma73.95%31.67%★★★★★★
Mental Health TechnologiesLtd21.91%92.81%★★★★★★
Ascendis Pharma33.05%58.72%★★★★★★

Click here to see the full list of 1209 stocks from our High Growth Tech and AI Stocks screener.

Let's explore several standout options from the results in the screener.

BOE Varitronix (SEHK:710)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: BOE Varitronix Limited is an investment holding company that specializes in designing, manufacturing, and selling liquid crystal displays and related products across various international markets, with a market cap of approximately HK$5.96 billion.

Operations: The company primarily generates revenue from the design, manufacture, and sale of liquid crystal displays and related products, amounting to approximately HK$11.71 billion. Operating across multiple regions including China, Europe, the United States, and Korea, it serves a diverse international market.

BOE Varitronix, a subsidiary of BOE Technology Group, is making significant strides in the automotive display sector, showcasing its prowess at CES 2025 with over 60 cutting-edge technologies. The company's HERO initiative for smart vehicles and partnerships like that with Stoneridge highlight its innovative approach to integrating healthiness, entertainment, relaxation, and office functionalities into automotive experiences. Notably, its R&D expenditure has been robust, supporting developments such as the UB Cell Smart Display which surpasses OLED quality and introduces adaptive environmental settings. This focus on high-quality displays and smart cockpit solutions positions BOE Varitronix favorably in an industry evolving towards more interactive and integrated vehicle environments.

SEHK:710 Earnings and Revenue Growth as at Feb 2025
SEHK:710 Earnings and Revenue Growth as at Feb 2025

Computer Modelling Group (TSX:CMG)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Computer Modelling Group Ltd. is a software and consulting technology company that develops and licenses reservoir simulation and seismic interpretation software, with a market cap of CA$704.83 million.

Operations: The company generates revenue primarily through its Reservoir & Production Solutions segment, which accounts for CA$90.44 million, and Seismic Solutions segment, contributing CA$37.62 million.

With a robust growth trajectory, Computer Modelling Group Ltd. (CMG) has demonstrated significant financial performance improvements, with third-quarter sales rising to CAD 35.77 million from CAD 33.01 million year-over-year and net income nearly doubling to CAD 9.61 million. This upward trend is supported by an annual revenue growth rate of 9.4%, outpacing the Canadian market's average of 5.4%. Despite facing challenges in matching the software industry's earnings growth rate, CMG's projected annual earnings increase of 20.3% exceeds the national forecast of 14.7%. The firm continues to reward shareholders, affirming a dividend payout amidst these gains, underscoring its commitment to shareholder returns while navigating competitive market dynamics effectively.

TSX:CMG Earnings and Revenue Growth as at Feb 2025
TSX:CMG Earnings and Revenue Growth as at Feb 2025

Lotes (TWSE:3533)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Lotes Co., Ltd is a company that designs, manufactures, and sells electronic interconnect and hardware components across Taiwan, Mainland China, and internationally with a market cap of NT$200.87 billion.

Operations: Lotes generates revenue primarily from its electronic components and parts segment, which reported NT$28.36 billion. The company's operations span Taiwan, Mainland China, and international markets.

Lotes stands out in the tech sector with its impressive earnings growth of 31.8% over the past year, surpassing the electronic industry's average of 7.8%. This performance is bolstered by a robust forecast that expects revenue to increase by 16.3% annually, significantly ahead of Taiwan's market average growth rate of 11.2%. The company’s commitment to innovation is evident from its R&D expenditures, which are strategically aligned to fuel future advancements and maintain competitive edge in rapidly evolving tech landscapes. Additionally, Lotes has demonstrated prudent financial management with a Return on Equity projected at an impressive 27.4% in three years, highlighting its efficiency in generating profits from shareholders' equity amidst a highly volatile share price environment.

TWSE:3533 Revenue and Expenses Breakdown as at Feb 2025
TWSE:3533 Revenue and Expenses Breakdown as at Feb 2025

Taking Advantage

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Curious About Other Options?

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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About TSX:CMG

Computer Modelling Group

A software and consulting technology company, engages in the development and licensing of reservoir simulation and seismic interpretation software and related services.

Undervalued with excellent balance sheet.