Growth stocks are poised to take off in 2025 News ad

But we suspect that in 2025 you are looking for other opportunities. In this case, you have come to the right place. If you want, you can find such stocks in the technology sector. However, the combination of lower interest rates, less regulation and the possibility of lower corporate taxes is likely to boost earnings for companies in many sectors.

As of this writing, there are only a few trading days left in 2024. And there are some suspicions that the market could face some headwinds in early 2025. Here are three growth stocks that have outperformed the market in 2024. Frankly, many investors would like to see a slight correction in this stock. However, analysts believe this stock is poised for growth in 2025.

AppLovin today

$323.83 -11.55 (-3.44%)

(As of 12/31/2024 5:50 PM ET)

52 week range

$37.40

▼

$417.64

P/E ratio

98.13

Target price

$310.71

AppLovin Corp. NASDAQ: APPin 2024 it became very popular. The company is listed in the business services sector. However, at its core, AppLovin is a software company that uses machine learning to deliver ads to target markets. This makes it one of the few companies that meaningfully monetizes artificial intelligence (AI) and machine learning.

And, importantly, we’re talking about revenue that grew 43% in the first three quarters of 2024. In addition, the company is now consistently profitable, with analysts forecasting earnings growth of about 45% over the next 12 months.

Even though the stock fell about 20% in December, it posted incredible gains. But once you understand why APP stock fell, you’ll begin to understand why it could have a similar trajectory to Palantir.

AppLovin was not added to the S&P 500 index in December. This was a disappointment for retail investors who were looking forward to a bullish rally that would come as a result of institutional investors buying shares. However, many analysts believe that inclusion in the S&P 500 could occur in 2025, which should keep retail interest strong.

Taiwan Semiconductor Manufacturing Today

TSM

Taiwan semiconductor manufacturing

$197.49 -2.90 (-1.45%)

(As of December 31, 2024 at 5:45 pm ET)

52 week range

$98.80

▼

$212.60

Dividend yield

1.11%

P/E ratio

31.65

Target price

$214.00

Taiwan Semiconductor Manufacturing Company New York Stock Exchange: TSMis the undisputed industry leader in the semiconductor foundry and advanced chip manufacturing markets. The company is in the early stages of what analysts expect to be a multi-year expanded production run as demand for advanced semiconductor chips grows.

You can imagine that many chip manufacturers would like to find another manufacturer. However, institutional knowledge combined with the costs of scaling production creates a situation that is easier said than done. The reality is that TSMC has a wide moat that will remain firmly in place for years to come.

This means that investors expecting TSMC stock prices to rise by more than 90% should not be deterred. This stock has the potential to beat analysts’ consensus estimate of $214. This is 6% higher than the stock’s closing price on December 27. However, some analysts have the stock much higher, including Barclays, which raised its price target to $240 in November.

Vistra today

$137.87 -2.22 (-1.58%)

(As of December 31, 2024 at 5:45 pm ET)

52 week range

$37.77

▼

$168.67

Dividend yield

0.64%

P/E ratio

25.72

Target price

$149.10

Investors usually don’t invest utility stocks and growth stocks in one sentence. However, View Corp. New York Stock Exchange: VST may be the ideal mineral reserve for current economic and geopolitical realities.

Vistra operates as a fully integrated energy company with operations in 18 states and the District of Columbia. In addition to producing electricity from traditional carbon sources, the company also invests in wind, solar, nuclear and energy storage projects.

But that’s only part of the story. The markets in which the company operates include data center businesses, oil and gas companies, chip manufacturers and automakers. All of these industries are at the beginning of multi-year growth cycles. And this is without the expected increase in demand in the nuclear sector.

In 2024, VST shares will grow by 274%. mid-forecast for 2025Vistra expects profit growth of about 15%. This outlook is likely the main reason why some analysts are offering price targets above the consensus price of $149.10.