The Best Growth Stocks to Buy Now

Find out how to find growth stocks against a challenging environment of high interest rates, low growth rates, tariff uncertainty, and a dash of central bank worries.

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Why Should You Add Growth Stocks to Your Portfolio?

Three reasons why you should consider buying growth stocks:

• Growth stocks continue to outperform value stocks and the broader market.
• A dovish Federal Reserve that cuts interest rates could boost growth stocks.
• The best performing growth stocks are at the cutting-edge of technology and fuel trends in AI and healthcare.

Shortlist of growth stocks with interesting investment cases:

• Micron Technology (MU)
• Dell Technologies (DELL)
• Lam Research (LRCX)
• Novo Nordisk (NVO)
• Alibaba (BABA)
• Intuitive Surgical (ISRG)
• Cadence Design Systems (CDNS)
• Palantir (PLTR)
• Veeva Systems (VEEV)
• Nio (Nio)

Tips on Evaluating Growth Stocks

Investors and traders have several useful tools to identify stocks that match their criteria. Free stock screeners are a good starting point if you know what to look for.

Here are some criteria to consider:

• Stocks with recent quarterly and annual earnings growth of over 15% (you can adjust this to your liking, for example, 20% or 25%).
• Companies with new, game-changing products and services (for example, AI and its supportive infrastructure like semiconductors, data centers, utilities).
• Unprofitable companies or recent IPOs that disrupt the industry and generate tremendous revenue growth on their way to profitability.
• Stocks in leading industry groups like technology, software, and healthcare.
• Companies with institutional support backed by deep pockets.

You can start with the growth stocks from above and consider the two recommendations below. Alternatively, once you run a stock screener to create a short list of candidates that fit your criteria, you must turn to the stock charts and identify which ones to buy and when to buy them.

Micron Technology Fundamental Analysis

Micron Technology (MU) produces computer memory and computer data storage, including dynamic random-access memory (DRAM), flash memory, and solid-state drives (SSDs). It is a component of the NASDAQ 100 and the S&P 500.

So, why am I bullish on MU despite its recent sell-off?

MU experienced selling pressure amid fears of a price plunge for high-bandwidth memory (HBW) prices, but I think demand will counter it. Micron Technology will continue to benefit from DRAM and HBW demand, and it is one of the best-valued companies catering to the ongoing AI boom.

Micron Technology Fundamental Analysis Snapshot

The price-to-earning (PE) ratio of 20.49 makes MU an inexpensive stock. By comparison, the PE ratio for the NASDAQ 100 overall is 40.77.

The average analyst price target for MU is 147.53. It suggests excellent upside potential and makes MU an ideal candidate to buy the dips during future corrections.

Micron Technology Technical Analysis

Micron Technology Price Chart

• The MU D1 chart shows price action between its ascending 38.2% and 50.0% Fibonacci Retracement Fan.
• It also shows MU inside of a massive horizontal support zone.
• The Bull Bear Power Indicator turned bearish, but remains within its ascending trendline, while forming a higher low.

My Call on Micron Technology

I will take a long position in MU between 105.53 and 114.81. The PEG ratio flashes a significant buy signal, and I expect Micron Technology to ride the AI wave higher amid its DRAM and HBW products. MU is a financially healthy company with a core product catering to a high-growth sector and an underappreciated stock price. Therefore, I will add to my holdings during potential future selloffs.

Dell Technologies Fundamental Analysis

Dell Technologies (DELL) is active in PCs, servers, monitors, computer software, computer security, network security, and information security. It is a component of the S&P 500 and one of the most valuable companies on the Fortune 500 list.

So, why am I bullish on DELL near 2025 record highs?

I like the server business of DELL, which should power its share price higher, as companies race to invest in AI-related infrastructure. While its consumer business is not performing well in 2025, an AI-based consumer upgrade cycle could easily revive it and add an earnings boost. The valuations are among the lowest in AI-forward companies, adding to the appeal.

Dell Technologies Fundamental Analysis Snapshot

Dell Technologies Fundamental Analysis Snapshot

The price-to-earning (PE) ratio of 19.42 makes DELL an inexpensive stock. By comparison, the PE ratio for the NASDAQ 100 overall is 40.77.

The average analyst price target for DELL is 135.63. While it represents limited upside potential, I think this company is ripe for upward revisions thanks to its thriving server business.

Dell Technologies Technical Analysis

Dell Technologies Price Chart

• The DELL D1 price chart above shows price action challenging the ascending 0.0% Fibonacci Retracement Fan in signs of a potential breakout and continuation.
• It also shows DELL moving higher inside a bullish price channel, enforced by its ascending 0.0% Fibonacci Retracement Fan.
• The Bull Bear Power Indicator is bullish, and the trendline moves higher.
• The average trading volumes during rallies are higher than during selloffs.

My Call on Dell Technologies

I will take a long position in DELL between 120.66 and 131.88. Dell Technologies has an excellent server business catering to data centers for AI solutions. The PEG ratio suggests underappreciated future growth potential, and it trades at a discount based on its book value, a rare feature in today’s overvalued market. I will happily buy the dip going forward.

My Final Take

Early in this article I listed ten growth stocks with a good case for buying now. Of the ten, the two which especially stand out as good value are Micron Technology and Dell Technologies.

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