logo
3 Best Growth Stocks to Buy Now, 5/23/2025, According to Analysts

3 Best Growth Stocks to Buy Now, 5/23/2025, According to Analysts

Globe and Mail27-05-2025

Growth stocks represent companies poised for rapid expansion, beating both the overall market and industry peers. This growth potential translates to large capital appreciation for investors. Also, investing in growth stocks can be a long-term strategy, as these companies reinvest profits to drive future expansion.
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
One way to identify these stocks is through their past revenue or earnings growth. Today, we have shortlisted stocks whose revenue has grown at a five-year CAGR of more than 5%. Along with this parameter, we have zeroed in on stocks that have received Strong Buy ratings from Wall Street analysts.
Here are this week's stocks:
Cigna (CI) – Cigna is an insurance and health services provider. Its average price target of $379.65 implies a 21.42% upside potential from the current levels. The company's revenue has grown at a five-year CAGR of nearly 9%.
First Solar (FSLR) – This solar technology company manufactures advanced thin-film photovoltaic (PV) modules for sustainable energy solutions. FSLR stock's average price target of $205.58 implies an upside potential of 31.49%. Its revenue increased at a CAGR of over 9% in the past five years.
CVS Health (CVS) – ​CVS Health owns a retail pharmacy chain and operates as a pharmacy benefits manager and health insurance provider. The stock has a price forecast of $80.13, which implies a 33.06% upside potential. CVS's revenues have witnessed a 7% five-year CAGR.
What Is Tipranks' Smart Growth Newsletter?
TipRanks' Smart Growth Newsletter provides top growth investment ideas on a weekly basis, based on TipRanks' data and analysis. The newsletter includes macro-economic, market-wide, and company-specific analysis to help investors understand the trends that may influence their growth investments.
Stay ahead of the market – subscribe now!

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Does This News Make Meta Platforms Stock a Buy?
Does This News Make Meta Platforms Stock a Buy?

Globe and Mail

time12 minutes ago

  • Globe and Mail

Does This News Make Meta Platforms Stock a Buy?

Several years ago, Facebook parent Meta Platforms (NASDAQ: META) changed its name, partly to reflect its newfound focus on its metaverse ambitions. Although the company is still working on that project, its initiatives in artificial intelligence (AI) garnered more headlines recently. Meta is looking to transform its business through AI, and recent news suggests it may take a significant step in that direction by the end of 2026. Let's examine these developments and determine whether they make Meta Platforms stock a buy. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Meta is looking to automate its ad business Meta Platforms makes most of its money from advertising to its massive user base. As of the end of the first quarter, Meta boasted 3.43 billion daily active users across its websites and apps, which include Facebook, Instagram, Messenger, and WhatsApp. However, Meta's ad business could become even better if it could provide more value to advertisers by improving their ad creation and launch processes. It already started to do that with the use of AI-powered tools -- for instance, helping advertisers define their target audience using AI. While businesses typically need to conduct research to figure that out, AI is making the job faster, easier, and cheaper. However, Meta is looking to take the next steps. According to a report from The Wall Street Journal, it aims to automate the process with AI from start to finish. Businesses will be able to use the technology at every step of the way -- to create images, tweak them, generate appropriate text, define the target audience, and more. Meta Platforms aims to complete this by the end of next year. What does this mean for investors? One more reason to buy the stock If successful, Meta Platforms' new AI tools for ads could reduce advertising expenses for companies while they achieve similar (or perhaps even better) results. If that's the case, demand for Meta's AI-powered tools to post ads across its websites and apps would increase significantly, leading to even more impressive sales. To be clear, Meta's ad business would be a key growth driver anyway. The digital ad market is still growing, and the tech leader's deep ecosystem of users makes it a valuable target for business clients. However, these new initiatives would further enhance this already highly profitable offering. Meanwhile, Meta is also improving engagement thanks to AI. Its algorithms have helped increase the amount of time users spend on Facebook and Instagram, so the company is working on both sides of the commerce equation with AI. These efforts should pay off in the long run, especially considering it has other potential growth drivers. It has been ramping up commercial messaging on WhatsApp, as well as working on the metaverse. Now, Meta Platforms isn't without risk. U.S.-China trade tensions could impact its financial results. During the first quarter, it received less advertising revenue from Asia-based retailers after the Trump administration ended a loophole that allowed some imports from China to enter the U.S. tax-free. Still, despite this headwind, Meta Platforms' first-quarter results were excellent. Revenue increased by 16% year over year to $42.3 billion, while net earnings per share came in at $6.43, 37% higher than the year-ago period. There might be more uncertainty if the trade wars continue, but Meta Platforms is showing that it can perform reasonably well despite that. Some might also point to the company's valuation as a reason to avoid the stock. Meta's forward price-to-earnings (P/E) ratio is 27.4 as of this writing, much higher than the average of 19.1 for the communication services industry. But given the Facebook parent's excellent results and strong prospects, it seems worth a premium. In my view, Meta Platforms will more than justify its relatively steep valuation in five years or more, which still makes it a stock worth owning for a long time. Should you invest $1,000 in Meta Platforms right now? Before you buy stock in Meta Platforms, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Meta Platforms wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $660,341!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $874,192!* Now, it's worth noting Stock Advisor 's total average return is999% — a market-crushing outperformance compared to173%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025

Hyperscale Data Subsidiary TurnOnGreen Achieves $7.5 Million Backlog as Demand Grows for Mission-Critical Power Solutions
Hyperscale Data Subsidiary TurnOnGreen Achieves $7.5 Million Backlog as Demand Grows for Mission-Critical Power Solutions

Globe and Mail

time12 minutes ago

  • Globe and Mail

Hyperscale Data Subsidiary TurnOnGreen Achieves $7.5 Million Backlog as Demand Grows for Mission-Critical Power Solutions

LAS VEGAS, June 11, 2025 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (' Hyperscale Data ' or the ' Company '), today announced significant growth within its power electronics subsidiary, TurnOnGreen, Inc. (' TurnOnGreen '). TurnOnGreen's operating subsidiary, Digital Power Corporation (' DPC '), has expanded its contracted backlog to $7.5 million, reflecting sustained demand for its high-performance, mission-critical power systems across key industries, including defense, industrial, medical, and telecommunications. TurnOnGreen and DPC design and manufacture custom, scalable power solutions tailored to the complex requirements of a global customer base. Their advanced uninterruptible power supplies and integrated power platforms support applications on land, at sea, and in the air. These systems are engineered to meet rigorous environmental and operational standards, making them essential to mission-critical defense and OEM programs worldwide. 'We are extremely pleased with the progress the TurnOnGreen team has made in growing the business while streamlining operations and driving toward profitability,' said Milton 'Todd' Ault III, Founder and Executive Chairman of Hyperscale Data. 'Their ability to earn customer confidence through exceptional products and performance is reflected in this expanding backlog. We look forward to their continued success in building out both their contract portfolio and global customer base.' For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data's public filings and press releases available under the Investor Relations section at or available at About Hyperscale Data, Inc. Through its wholly owned subsidiary Sentinum. Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence (' AI ') ecosystems and other industries. Hyperscale Data's other wholly owned subsidiary, Ault Capital Group, Inc. (' ACG '), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the ' Divestiture '). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support high-performance computing services, though it may at that time continue to mine Bitcoin. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data's headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141. On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the ' Series F Preferred Stock ') to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the ' ACG Shares '). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture. Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as 'believes,' 'plans,' 'anticipates,' 'projects,' 'estimates,' 'expects,' 'intends,' 'strategy,' 'future,' 'opportunity,' 'may,' 'will,' 'should,' 'could,' 'potential,' or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company's business and financial results are included in the Company's filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company's Forms 10-K, 10-Q and 8-K. All filings are available at and on the Company's website at

Musk says he regrets some X posts he made about Trump
Musk says he regrets some X posts he made about Trump

CBC

time14 minutes ago

  • CBC

Musk says he regrets some X posts he made about Trump

Social Sharing Billionaire businessman Elon Musk said on Wednesday he regretted some of the posts he made last week about U.S. President Donald Trump as they had gone "too far." Trump said on Saturday his relationship with Musk was over after they exchanged insults on social media, with the Tesla and SpaceX CEO describing the president's sweeping tax and spending bill as a "disgusting abomination." Musk has since deleted some posts critical of Trump, including one signalling support for impeaching the president. He also deleted a post in which he claimed without evidence that the government wasn't releasing more information regarding what it knows about Jeffrey Epstein because of Trump's past association with the infamous alleged sex trafficker who died in jail in 2019. "I regret some of my posts about President Donald Trump last week. They went too far," Musk wrote in a post on his social media platform X on Wednesday, without saying which specific posts he was talking about. Tesla shares rose 2.3 per cent in pre-market trading. Don't support Democrats, Trump warns Declaring his relationship with Musk over during interviews last weekend, Trump said there would be "serious consequences" if the billionaire decided to fund U.S. Democrats running against Republicans who vote for the tax and spending bill. Trump also said he had no intention of repairing ties with Musk. On Monday, Trump said he would not have a problem if Musk called and that he had no plans to discontinue the Starlink satellite internet provided to the White House by Musk's SpaceX but might move his Tesla off-site. "We had a good relationship, and I just wish him well," Trump said. Musk responded with a heart emoji to a video on X showing Trump's remarks. WATCH l A timeline of the relationship, and the rupture: Will Donald Trump and Elon Musk destroy each other? | About That 13 hours ago Duration 15:38 How did two of the most powerful men on the planet — Donald Trump and Elon Musk — go from friends to foes embroiled in a public meltdown? Andrew Chang explains what drove a wedge between them and why it may be in their best interests to reconcile sooner rather than later. Images provided by Getty Images, The Canadian Press and Reuters. (Additional credits: 4:35 - MSNBC/YouTube; 4:37 - CNN/YouTube; 4:29 - CBS News/YouTube) In 2018, Musk declared in a Twitter post that he was "not a conservative" and that "humanitarian issues are extremely important to me." But his political views changed, and in 2024 he bankrolled a large part of Trump's 2024 presidential campaign, spending nearly $300 million US in last year's U.S. elections, taking credit for Republicans retaining a majority of seats in the House and retaking a majority in the Senate. Musk led downsizing, foreign aid cut efforts Trump then named him to head an effort to downsize the federal workforce and slash spending, despite Musk's apparent conflicts of interest leading several companies subject to government regulation. Musk individually or with his companies had faced inquiries into alleged securities violations, questions over the safety of Tesla's Autopilot and Full Self-Driving (FSD) systems, potential animal welfare violations in Neuralink's brain-chip experiments and alleged hiring discrimination practices at SpaceX. Musk left the role late last month after criticizing Trump's marquee tax bill, calling it too expensive and a measure that would undermine his work at the Department of Government Efficiency (DOGE). Musk's DOGE, not a Congress-approved department, took dramatic steps to reshape and shrink the federal government. Agencies were dismantled, and thousands of federal workers were fired, dismissed or reassigned, leading to a spate of lawsuits challenging the moves. As a result of the moves, significant foreign humanitarian aid from the U.S. government was scaled back, leading to concerns from global health organizations. Musk characterized much of that funding as fraudulent, though Democrats charged that Musk statements on specific agency initiatives have largely only highlighted actions he disagrees with politically, such as measures to provide condoms to prevent the spread of HIV/AIDS. Musk's activities led to protests at many Tesla dealerships across North America, with vandalism reported in some instances. "Elon Musk's Legacy Is Disease, Starvation and Death," New York Times columnist Michelle Goldberg wrote, citing the impacts around the world of cuts to the United States Agency for International Development, when Musk announced late last month he was returning to the private sector full-time. Democrats have expressed alarm at members of Musk's DOGE team, who were not confirmed by Congress, having access to sensitive governmental, personal and payment data related to the federal civil service.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store