Technology boom: You should know these 10 growth shares!

Technology boom: You should know these 10 growth shares!

In the past seven days, the US market has recorded an impressive increase of 5.7 %, which leads to a remarkable total increase of 37 % last year. The forecasts indicate an annual profit growth of 16 %. In this dynamic environment, it is crucial to identify companies that shine through strong innovation and adaptability to benefit from these favorable market conditions.

among the top 10 most growth tech companies in the USA stinging Asiafin Holdings with sales growth of 51.75 % and Invivyd with 47.87 %. These companies not only show impressive growth rates, but also significant progress in the development of their products. Krystal Biotech, with a market capitalization of around $ 5.74 billion, has established itself as a leader in the field of genetic medicine for rare diseases. Its sales are expected to grow by 32.4 % annually, which is well above the US market average of 8.9 %.

Krystal Biotech and Rhythm Pharmaceuticals in focus

Krystal Biotech has reached the profit zone this year, with a remarkable increase in net profit to $ 43.68 million in the first nine months, compared to only 2.24 million in the previous year. These impressive numbers reflect the strong demand for their innovative treatments. Rhythm Pharmaceuticals, a company that specializes in therapies for rare neuroendocrine diseases, also shows annual sales growth rate of 46.1 %. Their latest results show an increase in sales to $ 88.3 million, which underlines the market acceptance of its specialized treatments such as IMCIVEE® (Setmelanotide).

Neurocrine Biosciences, another player in the industry, focuses on the development of medication for neurological and neuroendocrine disorders and has achieved sales of $ 2.24 billion last year. With a forecast annual profit growth of 29.9 %, the company is well positioned to provide both innovative treatments and significant returns for shareholders.