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Investing on Steroids: 7 High-Growth Stocks for the Bold and Daring
BILL BILL (US:BILL) investorplace.comยท2024-05-24 10:00

Group 1: High-Growth Stocks Overview - High-growth stocks are likened to aggressive plays in baseball, aiming for significant gains rather than conservative strategies [1][2] - The article highlights several companies as potential high-growth investments, emphasizing their recent performance and future projections [6][11][15][21][25][35] Group 2: Company Summaries - Globant (GLOB): Based in Luxembourg, operates in IT services, with a recent net income of $167.18 million and revenue of $2.19 billion. Quarterly revenue growth is 20.9%, with projected EPS of $6.40 for fiscal 2024 [4][5][6] - Nextracker (NXT): Located in California, focuses on solar technology, achieving a net income of $306.24 million on $2.5 billion revenue. Quarterly sales growth is 42.1%, with projected EPS of $3.06 for the current fiscal year [8][10][11] - Workiva (WK): Based in Iowa, provides cloud-based reporting solutions. Despite a recent loss of $93.06 million on $655.52 million revenue, projected EPS for fiscal 2024 is $1, up from a loss of 42 cents last year [13][14][15] - Freshworks (FRSH): Operates in the software application sector, with a TTM net loss of $118.1 million on $623.88 million revenue. Quarterly revenue growth is 19.9%, with projected EPS of 33 cents for the current fiscal year [19][20][21] - Gitlab (GTLB): Specializes in software infrastructure, with a TTM net loss of $424.17 million on $579.91 million revenue. Quarterly revenue growth is 33.3%, with projected EPS of 22 cents for the current fiscal year [22][24][25] - Bill.com (BILL): Provides financial automation software, with a TTM net loss of $52.34 million on $1.24 billion revenue. Quarterly revenue growth is 18.5%, with projected EPS of $2.05 for fiscal 2024 [29][30][31] - Duolingo (DUOL): A mobile learning platform with a net income of $45.6 million and revenue of $583 million. Quarterly revenue growth is 44.9%, with projected EPS of $1.59 for fiscal 2024 [33][34][35]