Top ten growth stocks in the USA

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Top ten growth stocks in the USA

 Top ten growth stocks in the USA
Image source: Oleksiy Mark,Shutterstock

Summary

  • com Inc (NYSE: CRM) reported revenue of US$5.9 billion in Q1, 2021.
  • NetEase, Inc. (Nasdaq: NTES) has a P/E ratio of 39.36 and forward P/E 1 year of 31.60.
  • Twitter Inc (Nasdaq: TWTR) reported revenue of US$1.04 billion in Q1, 2021, up 28% YoY.

Growth stocks are companies that record revenue and earnings at a higher rate than the average market rate. In addition, these companies generally have unique products or patents or exclusive upcoming technologies.

They are expensive stocks. The P/E ratio, price to free cash flow, and price to sales ratio are higher. Growth stocks typically don’t pay dividends. Instead, they invest the money to expand the business. Investors who want to make money faster prefer to invest in growth stocks. But they need to study the financials of the companies before investing.

Source: Pixabay.

Salesforce.com Inc (NYSE: CRM)

Salesforce.com Inc is a US-based software company.

Its stock traded at US$239.0101 at 11.26 am ET on July 16, up 0.56 percent over the previous closing price. Its stock prices went up by 8.48 percent YTD. The market capitalization of CRM is US$222.4 billion.

The P/E ratio is 50.25, while the forward P/E 1 year is 148.49. its earnings per share are US$4.78, and the beta is 1.09.

CRM reported total revenue of US$5.9 billion in Q1, 2021, and that was US$5.8 billion in Q4, 2020. The gross profit for this quarter was US$4.5 billion and US$4.4 billion in QoQ.

Also read: How do you find hyper-growth blue-chip stocks?

NetEase, Inc. (Nasdaq: NTES)

NetEase Inc is a China-based internet company, and provides online content and communication products.

Its stock traded at US$111.46 at 11.40 am on July 16, down by 2.58 percent over the previous closing price. Its stock prices went up by 15.21 percent YTD. The market capitalization of NTES is US$74 billion.

The P/E ratio is 39.36, while the forward P/E 1 year is 31.60. Its earnings per share are US$2.84, and the beta is 0.44. The annual dividend is US$1.19.

NTES reported net revenue of US$3.1 billion in Q1, 2021, 20.2 percent up YoY. Gross profit was US$1. Billion, up by 17.9 percent YoY. Net income was US$677.5 million.

Source: Pixabay.

Fiverr International Ltd (NYSE: FVRR)

Fiverr International is an online service company for freelancers.

Its stock traded at US$209.84 at 11.52 am on July 16, up by 2.02 percent over the previous closing price. Its stock prices went up by 5.57 percent YTD. The market capitalization of FVRR is US$7.4 billion. The forward P/E 1 year is -388.50. Its earnings per share are US$-0.73, and the beta is 2.

FVRR reported revenue of US$68.3 million, up by 100 percent YoY. Active buyers were 2.5 million, up by 56 percent YoY. The gross margin was 83.1 percent, 300 percent up YoY.

Twitter Inc (Nasdaq: TWTR)

Twitter Inc is US-based microblogging and social networking site.

Its stock traded at US$66.41 at 12.06 pm on July 16, down by 2.44 percent over the previous closing price. Its stock prices went up by 21.78 percent YTD. The market capitalization of TWTR is US$53 billion. The forward P/E 1 year is 295.96. Its earnings per share are US$-1.17, and the beta is 0.76.

TWTR reported total revenue of US$1.04 billion in Q1, 2021, up by 28 percent YoY. Net income was US$68 million, a net margin of 7 percent, and earnings per share were US$0.08.

ROKU Inc (Nasdaq: ROKU)

ROKU Inc, a US-based company, manufactures digital media players.

Its stock traded at US$407.4464 at 12.16 pm on July 16, up by 0.30 percent over the previous closing price. Its stock prices went up by 28.16 percent YTD. The market capitalization of ROKU is US$53 billion.

The P/E ratio is 526.27, while the forward P/E 1 year is 902.22. Its earnings per share are US$0.77, and the beta is 1.78.

ROKU reported total revenue of US$574 million in Q1, 2021, and that was US$649 million in Q4, 2020. Gross profit was US$326 million and US$305 million QoQ.

EOG Resources, Inc. (NYSE: EOG)

EOG Resources, Inc. is an energy company with a focus on hydrocarbon exploration.

Its stock traded at US$74.99 at 12.38 pm on July 16, down by 1.58 percent over the previous closing price. Its stock prices went up by 50.40 percent YTD. The market capitalization of EOG is US$43.8 billion.

The P/E ratio is 751 while the forward P/E 1 year is 12.11. Its earnings per share are US$0.10 and the beta is 2.17. The annual dividend is US$1.65.

EOG reported total revenue of US$3.6 billion and that was US$4.7 billion YoY. Net income was US$677 million and net income per share was US$1.16. 

Also read: Top SaaS stocks on Wall Street

Nucor Corporation (NYSE: NUE)

Nucor Corporation manufactures steel and products of steel.

Its stock traded at US$93.03 at 12.47 pm on July 16, down by 2.50 percent over the previous closing price. Its stock prices went up by 77.16 percent YTD. The market capitalization of NUE is US$27.8 billion.

The P/E ratio is 17.29, while the forward P/E 1 year is 5.93. Its earnings per share are US$5.39, and the beta is 1.38. The annual dividend is US$1.62.

NUE reported net earnings of US$942.4 million or US$3.10 per diluted share in Q1, 2021. It was US$398.8 million or US$1.30 per diluted share YoY.

Starbucks Corporation (Nasdaq: SBUX)

Starbucks Corporation runs a chain of coffee and restaurants.

Its stock traded at US$119.66 at 12.56 pm on July 16, down by 0.58 percent over the previous closing price. Its stock prices went up by 16.06 percent YTD. The market capitalization of SBUX is US$141 billion.

The P/E ratio is 142.47, while the forward P/E 1 year is 39.92. Its earnings per share are US$0.84, and the beta is 1.88. The annual dividend is US$1.80.

SBUX reported consolidated net revenue of US$6.7 billion in Q1, 2021, up by 11 percent YoY.  Earnings per share were US$0.56 as compared to US$0.28 YoY.

Microsoft Corporation (Nasdaq: MSFT)

Microsoft Corporation is one of the leading software companies.

Its stock traded at US$281.775 at 1.06 pm on July 16, up by 0.28 percent over the previous closing price. Its stock prices went up by 29.43 percent YTD. The market capitalization of MSFT is US$2117 billion.

The P/E ratio is 38.3, while the forward P/E 1 year is 36.45. Its earnings per share are US$7.34, and the beta is 0.79. The annual dividend is US$2.24.

MSFT reported revenue of US$41 billion in Q1, 2021, and that was US$43 billion QoQ. Gross profit was US$28 billion and that was US$28 billion QoQ.

ABB Ltd (NYSE: ABB)

ABB Ltd operates in heavy electrical equipment, power, and automation technology.

Its stock traded at US$35.315 at 1.21 pm on July 16, down by 0.88 percent over the previous closing price. Its stock prices went up by 29.43 percent YTD. The market capitalization of MSFT is US$70 billion.

The P/E ratio is 14.12, while the forward P/E 1 year is 26.79. Its earnings per share are US$2.50, and the beta is 1.03. The annual dividend is US$0.514.

ABB reported revenue of US$6.9 billion in Q1, 2021. And income from operations was US$797 million. Operational EBITDA was US$959 million.

Please note: The above constitutes a preliminary view and any interest in stocks/cryptocurrencies should be evaluated further from an investment point of view.

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