5 Best Growth Stocks Under $25

In this article, we discuss 5 best growth stocks under $25. If you want to read our discussion on the performance of growth stocks, head over to 15 Best Growth Stocks Under $25. 

5. Flywire Corporation (NASDAQ:FLYW)

P/E Ratio: 153.85
Latest Share Price: $23.15
Number of Hedge Fund Holders: 28

Boston, Massachusetts-based Flywire Corporation (NASDAQ:FLYW) is making a case as one of the best growth stocks to buy under $25 heading into 2024, going by its solid growth metrics. Operating as a payment enablement and software company, Flywire Corporation (NASDAQ:FLYW) offers a payment platform, network, and vertical-specific software that helps customers make payments.

Flywire Corporation (NASDAQ:FLYW) delivered a 31% growth in revenue in Q3, representing its highest quarter of revenue, less ancillary services. Flywire Corporation (NASDAQ:FLYW) also delivered its highest quarter to date of new projected revenue signed. Adjusted gross profit was up 28% to record hogs of $80.1 million.

According to Insider Monkey’s third-quarter database, 28 hedge funds were bullish on Flywire Corporation (NASDAQ:FLYW), compared to 27 funds in the prior quarter. Richard Driehaus’ Driehaus Capital is the biggest stakeholder of Flywire Corporation (NASDAQ:FLYW), with 1.84 million shares worth $58.83 million. 

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4. TG Therapeutics, Inc. (NASDAQ:TGTX)

P/E Ratio: 74.07
Latest Share Price: $17.08
Number of Hedge Fund Holders: 28

TG Therapeutics, Inc. (NASDAQ:TGTX) is a commercial-stage biopharmaceutical company that acquires, develops, and commercializes novel treatments for various conditions. TG Therapeutics, Inc. (NASDAQ:TGTX)’s lead product is BRIUMVI, an anti-CD20 monoclonal antibody for treating adult patients with relapsing forms of multiple sclerosis.

TG Therapeutics, Inc. (NASDAQ:TGTX) stock exploded in 2023, rallying 44% as the team continues to execute well and progress on corporate goals. The company delivered a net solid quarterly revenue of $166 million, exceeding expectations.

Out of the 910 hedge funds tracked by Insider Monkey, 28 hedge funds reported owning a stake in TG Therapeutics, Inc. (NASDAQ:TGTX). The biggest stakeholder of TG Therapeutics, Inc. (NASDAQ:TGTX) during this period was Guy Levy’s Soleus Capital which owns $24.11 million stake in TG Therapeutics, Inc. (NASDAQ:TGTX).

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3. HashiCorp, Inc. (NASDAQ:HCP)

P/E Ratio: 147.06
Latest Share Price: $23.64
Number of Hedge Fund Holders: 29

HashiCorp, Inc. (NASDAQ:HCP) is a software company that enables cloud infrastructure automation with products such as Terraform, an Infrastructure-as-Code tool, and Consul, a service-based networking solution.

HashiCorp, Inc. (NASDAQ:HCP) is one of the best growth stocks to buy under $25, going by its solid underlying fundamentals. HashiCorp, Inc. (NASDAQ:HCP) has shown resilience after a strong Q3 performance that beat analysts’ forecasts, despite a 14% drop in its stock price for the year. The growing demand for automation software in the enterprise technology sector is fueled by the healthy global economy.

Insider Monkey reported that 29 out of the 910 hedge funds they track bought HashiCorp, Inc. (NASDAQ:HCP) shares in Q3 2023. The biggest shareholder of HashiCorp, Inc. (NASDAQ:HCP) is Millennium Management, owned by Israel Englander, with a stake worth $57.16 million.

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2. Palantir Technologies Inc. (NYSE:PLTR)

P/E Ratio: 58.14
Latest Share Price: $17.17
Number of Hedge Fund Holders: 31

Palantir Technologies Inc. (NYSE:PLTR) is arguably one of the best growth stocks to buy under $25 for anyone eyeing exposure to developing software platforms for the intelligence community. Palantir Technologies Inc. (NYSE:PLTR) offers software solutions that allow agencies to identify hidden patterns within data sets, such as signal intelligence sources.

Palantir Technologies Inc. (NYSE:PLTR)’s becoming one of the best growth stocks as it continues to secure and renegotiate government contracts. In addition, Palantir Technologies Inc. (NYSE:PLTR) is leveraging artificial intelligence to strengthen its solutions edge for use by the intelligence community.

At the end of the third quarter of 2023, 31 hedge funds monitored by Insider Monkey had positions in Palantir Technologies Inc. (NYSE:PLTR). The most significant stake was held by D E Shaw, with a stake valued at $387.84 million in the company.

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1. Confluent, Inc. (NASDAQ:CFLT)

P/E Ratio: 126.58
Latest Share Price: $23.40
Number of Hedge Fund Holders: 34

Confluent, Inc. (NASDAQ:CFLT) is one of the best growth stocks for under $25 to gain exposure in the technology sector. Confluent, Inc. (NASDAQ:CFLT) operates as a data streaming platform and offers Confluent Cloud, a cloud-native service for connecting and processing real-time data.

While Confluent, Inc. (NASDAQ:CFLT) is only up by about 4% for the year, it’s been firing on all angles, affirming its status as a high-growth stock. Confluent, Inc. (NASDAQ:CFLT)’s revenue in Q3 was up 32% year over year, reaching highs of $200 million, as Confluent Cloud revenue grew 61% year over year. The company achieved a key milestone in delivering its first positive non-GAAP EPS of $0.02.

By the end of this year’s third quarter, 34 out of the 910 hedge funds polled by Insider Monkey had bought Confluent, Inc. (NASDAQ:CFLT)’s shares. Confluent, Inc. (NASDAQ:CFLT)’s largest investor in our database is Brad Gerstner’s Altimeter Capital Management, which owns 16.61 million shares worth $491.88  million.

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