In this article, we will be taking a look at the 10 High Growth Technology Stocks That Are Profitable.
Fairlead’s Katie Stockton spoke on the S&P 500’s recent three-month slump in momentum on CNBC’s Closing Bell Overtime on January 24. According to Stockton, the underperformance of large-cap technology equities since late October has reduced their intermediate-term momentum. She pointed out that despite this, the market has continued to hold higher lows since November and suggested a consolidation at all-time highs rather than a notable fall. Stockton also described the current situation as a corrective phase that could lead to an oversold bounce and emphasized the critical role that tech leaders have in driving market developments.
Although the biggest tech firms, dubbed the “Mag 7” by Bank of America analyst Michael Hartnett in 2023, receive most of the attention, Stockton noted that the tech industry also has a vast number of small and mid-cap firms, many of which are trading for less than $10. Retail investors may find these less well-known equities to be appealing entry points, especially in light of AI’s increasing prominence as a major growth driver.
In a January 23 interview with CNBC, Wedbush Securities Managing Director Dan Ives predicted a “monstrously bullish” 2026 tech earnings season, pointing out that present values have not yet reflected this potential. Ives also identified software, cybersecurity, and chip manufacturing as key growth subsectors. He continued by saying that while many corporate leaders visiting the World Economic Forum in Davos (January 19–23) spoke with tech executives about foreign investment potential, interest in U.S. tech investments has increased internationally.
With that being said, let’s now take a look at the best high growth technology stocks.
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Our Methodology
Our methodology started by filtering technology stocks with at least 20% revenue growth over the past five years and net profit margins of 15% or higher. From this filtered group, we selected the top 10 stocks and ranked them in ascending order based on their revenue growth.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
Here is our list of the 10 high growth technology stocks that are profitable.
10. Fortinet, Inc. (NASDAQ:FTNT)
Revenue Growth (5y): 21.61%
Net Profit Margin: 28.58%
Fortinet, Inc. (NASDAQ:FTNT) stands tenth on our list of high growth stocks.
TheFly reported on January 29 that Rosenblatt upgraded FTNT from Neutral to Buy and lifted the price target to $100 from $85 ahead of the company’s Q4 earnings on February 5. The upgrade reflects stronger demand observed through reseller checks, which is driven by a widespread hardware refresh replacing older Cisco firewalls, solid sales execution, and supportive tax incentives, positioning Fortinet for an upside quarter.
Two days earlier, on January 27, Fortinet, Inc. (NASDAQ:FTNT) unveiled updates to its FortiCNAPP platform, which is aimed at helping companies better identify and prioritize cloud issues. The improvements allow security experts to focus on the most serious threats by combining configuration, identity exposure, vulnerabilities, network enforcement, data sensitivity, and runtime behavior into a unified workflow.
Fortinet, Inc. (NASDAQ:FTNT) is a global cybersecurity company that helps businesses and governments protect their networks, data, and devices from cyber threats. Its solutions combine network, cloud, and threat protection to keep digital systems secure, reliable, and efficient.
9. Amphenol Corporation (NYSE:APH)
Revenue Growth (5y): 21.85%
Net Profit Margin: 18.49%
One of the best high growth tech stocks on our list is Amphenol Corporation (NYSE:APH).
TheFly reported on January 29 that Seaport Research increased its price target on APH to $210 from $200 and gave it a Buy rating. The firm stated that it still sees further upside in comparison to its projections, even with high consensus estimates.
Similarly, on the same day, Citi analyst Asiya Merchant also increased the price target on Amphenol Corporation (NYSE:APH) to $180 from $175 and maintained a Buy rating. Despite the positive results, the stock fell after the earnings announcement, and Citi pointed out that the company usually offers a conservative outlook.
Amphenol Corporation (NYSE:APH) is a leading manufacturer of electronic and fiber optic connectors, cables, and interconnect systems. Its products serve industries like automotive, aerospace, defense, and industrial, helping ensure reliable and high-performance connections in critical electronic and communication systems worldwide.
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