High Growth Tech Stocks Including None With Potential Growth

Amidst a backdrop of record highs in major U.S. stock indices, fueled by optimism over potential trade deals and AI infrastructure investments, the market has shown a preference for growth stocks over value shares, despite large-cap stocks generally outperforming their smaller-cap counterparts. In this environment, identifying promising high-growth tech stocks requires careful consideration of their exposure to burgeoning sectors like artificial intelligence and their ability to capitalize on favorable economic trends.

Top 10 High Growth Tech Companies

Name	Revenue Growth	Earnings Growth	Growth Rating
Clinuvel Pharmaceuticals	21.39%	26.17%	★★★★★★
eWeLLLtd	26.41%	28.82%	★★★★★★
Yggdrazil Group	30.20%	87.10%	★★★★★★
Ascelia Pharma	76.15%	47.16%	★★★★★★
Medley	20.95%	27.32%	★★★★★★
Pharma Mar	25.50%	55.11%	★★★★★★
Mental Health TechnologiesLtd	25.83%	113.12%	★★★★★★
Fine M-TecLTD	36.52%	135.02%	★★★★★★
Initiator Pharma	73.95%	31.67%	★★★★★★
Dmall	29.53%	88.37%	★★★★★★

Click here to see the full list of 1230 stocks from our High Growth Tech and AI Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Logo Yazilim Sanayi ve Ticaret (IBSE:LOGO)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Logo Yazilim Sanayi ve Ticaret A.S. is a company that develops and markets software solutions in Turkey and Romania, with a market capitalization of TRY11.79 billion.

Operations: The company generates revenue primarily from the software industry, amounting to TRY3.56 billion. Operating in Turkey and Romania, it focuses on developing and marketing software solutions tailored to these markets.

Logo Yazilim Sanayi ve Ticaret has demonstrated robust financial performance, with earnings forecasted to grow by an impressive 60.7% annually. This growth rate surpasses the broader Turkish market's average of 33.2%. The company's recent third-quarter results revealed a significant turnaround, posting a net income of TRY 111.31 million compared to a net loss in the previous year, underscoring its recovery and potential in the competitive software industry. With revenue also on an upward trajectory at a rate of 24.3% per year, Logo Yazilim is positioning itself as a resilient player amidst evolving tech landscapes, although it slightly trails the Turkish market growth rate of 26.2%.

• Click here to discover the nuances of Logo Yazilim Sanayi ve Ticaret with our detailed analytical health report.

• Explore historical data to track Logo Yazilim Sanayi ve Ticaret's performance over time in our Past section.

Serko (NZSE:SKO)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Serko Limited is a Software-as-a-Service technology company that offers online travel booking software solutions and expense management services across New Zealand, Australia, North America, Europe, and other international markets with a market cap of NZ$454.55 million.

Operations: Serko generates revenue primarily through its software solutions, amounting to NZ$74.45 million. The company focuses on providing online travel booking and expense management services across various international markets.

Serko is navigating a transformative phase, with its revenue projected to increase by 22.2% annually, outpacing the New Zealand market's growth of 4.5%. Despite current unprofitability, earnings are expected to surge by 65.44% per year as it edges towards profitability within three years—a pace well above average market projections. The recent integration of NDC content with Amadeus marks a strategic expansion in Serko’s airline retailing capabilities through its Zeno platform, enhancing corporate travel solutions and aligning with major carriers like Qantas for future distribution strategies. This move not only broadens Serko's service offerings but also strengthens its position in the competitive travel technology landscape, promising significant impacts on future revenue streams and market share.

• Delve into the full analysis health report here for a deeper understanding of Serko.

• Examine Serko's past performance report to understand how it has performed in the past.

Xiamen Jihong Technology (SZSE:002803)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Xiamen Jihong Technology Co., Ltd. operates in the cross-border social e-commerce sector in China with a market capitalization of CN¥4.87 billion.

Operations: The company focuses on cross-border social e-commerce, leveraging digital platforms to facilitate international trade and consumer engagement. It operates primarily within China, contributing significantly to its revenue stream.

Xiamen Jihong Technology has demonstrated a robust growth trajectory, with its revenue forecast to climb by 22.2% annually, significantly outpacing the broader Chinese market's growth. This surge is underpinned by a strategic focus on R&D, where the firm invested 5% of its revenue last year, aligning with industry leaders who prioritize innovation for competitive advantage. Additionally, the company's recent share repurchase program underscores a commitment to enhancing shareholder value and supporting long-term corporate objectives, reflecting strong internal confidence in its financial health and future prospects.

• Unlock comprehensive insights into our analysis of Xiamen Jihong Technology stock in this health report.

• Assess Xiamen Jihong Technology's past performance with our detailed historical performance reports.

Turning Ideas Into Actions

• Click this link to deep-dive into the 1230 companies within our High Growth Tech and AI Stocks screener.
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Ready To Venture Into Other Investment Styles?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

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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