14 Best Growth Stocks Under $10 to Buy Right Now

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2. ZoomInfo Technologies Inc. (NASDAQ:ZI)

Stock price as of May 2nd: $9.00

Revenue CAGR last 5 years: 35.41%

Number of Hedge Fund Holders: 51

ZoomInfo Technologies Inc. (NASDAQ:ZI) is the second-best growth stock under $10 on our list, which developed a cloud-based intelligence platform designed for sales, marketing, operations, and recruiting professionals. Its platform delivers comprehensive business data and analytics, enabling users to engage with customers and other stakeholders effectively across a diverse range of industries, including software, business services, manufacturing, financial services, and others. The company’s main product is a search engine for contact and business information, which allows users to connect with potential clients, suppliers, and partners.

ZoomInfo Technologies Inc. (NASDAQ:ZI) delivered better-than-expected Q4 2024 results with revenue of $309 million and adjusted operating income of $116 million, representing a 37% margin. The company achieved its first sequential improvement in net revenue retention since Q1 2022, increasing to 87% in Q4. Notably, the operations business grew 27% YoY, while Copilot exceeded expectations with over $150 million in annual contract value.

Notably, the operations business grew 27% YoY, while Copilot exceeded expectations with over $150 million in ACV, is strategically focusing on the upmarket segment, which comprises more than two-thirds of the business, and is on a path to mid-single-digit growth with higher margins than the downmarket segment. The downmarket segment, representing less than one-third of the business, declined 9% in 2024 but shows signs of stabilizing to a smaller and healthier portion. ZoomInfo Technologies Inc. (NASDAQ:ZI) is positioning itself as the de facto provider of data and AI in the enterprise, with continued success in data and operations solutions. The company’s execution has caught up with innovation, leading to improved customer engagement and satisfaction, with 99% of surveyed marketing and sales leaders reporting their perception of ZI has improved or remained stable in the last 6 months.

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