In recent weeks, global markets have shown a positive trajectory, with major US stock indexes recovering and European stocks rising sharply amid easing inflation concerns and strong bank earnings. This environment highlights the importance of identifying high-growth technology stocks that can benefit from these favorable conditions, such as Japan Business Systems and two other prominent companies in the sector.
Name
Increase in income
Increase in Profits
Growth Assessment
Exelixis
62.05%
20.47%
★★★★★★
The Yggdrazil group
30.20%
87.10%
★★★★★★
CD Projekt
23.11%
30.61%
★★★★★★
Waystream Holdings
22.09%
113.25%
★★★★★★
Pharma Mar
25.43%
56.19%
★★★★★★
Ascelia Pharma
76.15%
47.16%
★★★★★★
MIX
20.97%
27.22%
★★★★★★
Alkami technology
21.99%
102.65%
★★★★★★
Travere Therapeutics
30.02%
61.89%
★★★★★★
Delton Technology (Guangzhou)
20.25%
29.52%
★★★★★★
Click here to see the full list of 1,225 stocks from our high-tech growth and AI stock screen.
Let’s review some notable picks from our screened stocks.
Simply Wall St Growth Rating: ★★★★☆☆
Summary: Japan Business Systems, Inc. specializes in cloud integration and related services with a market capitalization of ¥39.85 billion.
Operations: The company generates revenue primarily from cloud integration, cloud services and licensing, and products, with the latter being the largest contributor at ¥98.37 billion. In particular, its focus on cloud-related offerings positions it as a key player in this segment.
Japan Business Systems has demonstrated robust growth in a challenging environment, with revenue and earnings expanding by 24.9% and 24.62% respectively year-on-year. Despite a recent decline in profit margins to 1.1% from 3% last year, the company’s commitment to innovation is evident from its investments in Research and Development, essential for maintaining long-term competitiveness in the technology sector. Recent shareholder meetings reflect active engagement in corporate governance, although proposals aimed at drastic changes were rejected, suggesting stability in current management strategies. This background of financial growth, coupled with strategic governance practices, intriguingly positions Japan Business Systems for future developments within the technology landscape.
Simply Wall St Growth Rating: ★★★★☆☆
Summary: Maruwa Co., Ltd. is engaged in the manufacture and sale of ceramics and electronic parts both domestically in Japan and abroad, with a market capitalization of ¥589.97 billion.
Operations: Maruwa generates revenue mainly through the production and sale of ceramics and electronic parts. The company operates both in Japan and internationally, leveraging its expertise in these sectors to cater to various markets.
Maruwa Co., Ltd. has shown a promising trajectory with annual revenue and profit growth rates at 14.3% and 20.2%, respectively, outperforming the Japanese market averages of 4.3% and 8.1%. This performance is reinforced by significant investments in Research and Development, which are essential for maintaining a competitive edge in the rapidly evolving technological landscape. The latest financial results reveal a strong increase in sales to 34.82 billion JPY, from 28.06 billion JPY last year, together with an increase in net income to 8.44 billion JPY from 6.78 billion JPY, reflecting the effective operational execution and strategies of market adaptation.
Simply Wall St Growth Rating: ★★★★☆☆
Summary: Elite Material Co., Ltd. is involved in the production and sales of copper clad laminates, specialty electronic-industrial chemicals and raw materials, and electronic components throughout Taiwan, China and international markets with a market cap of NT$206.44 billion.
Operations: The company generates revenue mainly from its external departments, contributing NT$54.56 billion, while domestic operations add NT$14.61 billion. The business focuses on the manufacture and sale of copper clad laminates, specialty electronic-industrial chemicals and raw materials, and electronic components across various markets.
Elite Material has demonstrated strong growth with a significant 83.4% increase in earnings over the past year, outperforming the electronics industry average of 6.6%. This growth is supported by aggressive sales expansion, which saw an increase from TWD 28.41 billion to TWD 45.81 billion in nine months, reflecting a strategic alignment with market demands and innovation drives. The company’s forward-looking investments in R&D are essential, ensuring it stays ahead of technological advancements within the competitive technology landscape. At recent industry events, including presentations at JPMorgan and Citi’s Taiwan Corporate Day, Elite Material highlighted these strategies which could strengthen future prospects given the current trajectory of revenue and earnings growth at annual rates of 14.5% and 17.3%, respectively.
This article from Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take into account your financial objectives or situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not include the latest price-sensitive company announcements or quality materials. Simply Wall St has no position in any of the stocks mentioned.
Companies discussed in this article include TSE:5036 TSE:5344 and TWSE:2383.
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