PI - Top 10 growth stocks according to Seeking Alpha's Quant Ratings

2023-03-29 13:40:06 ET

While the last couple years have seen growth stocks get punished, dragged down by rising interest rates and changing investor tastes following the runup that more speculative investments saw earlier in the 2020s. Still, market participants are still searching for opportunities to capitalize within the growth segment.

Seeking Alpha has constructed a list of the top 10 growth stocks that boast a market cap of at least $1B or more. These names have growth grade of an A or A+, based on a system of rating quantitative measures for each stock. Meanwhile, the stocks also have a Strong Buy rating from the Quant Rating algorithm.

Top 10 Quant Growth Stocks

No. 10: Impinj, Inc. ( PI ): Quant Rating 4.96, growth grade, A+ .

No. 9: Yext,Inc. ( NYSE: YEXT ): Quant Rating 4.97, growth grade, A+ .

No. 8: Super Micro Computer ( NASDAQ: SMCI ): Quant Rating 4.97, growth grade, A .

No. 7: Deutsche Lufthansa AG ( OTCQX:DLAKY ): Quant Rating 4.97, growth grade, A+ .

No. 6: Intapp, Inc. ( INTA ): Quant Rating 4.97, growth grade, A .

No. 5: Allegro MicroSystems ( NASDAQ: ALGM ): Quant Rating 4.98, growth grade, A .

No. 4: Frontline ( FRO ): Quant Rating 4.98, growth grade, A+ .

No. 3: MINISO Group Holding Limited ( MNSO ): Quant Rating 4.99, growth grade, A+ .

No. 2: Teekay Tankers Ltd. ( NYSE: TNK ): Quant Rating 4.99, growth grade, A+ .

No. 1: TORM plc ( OTCPK:TORM ): Quant Rating 4.99, growth grade, A+ .

For investors looking at growth investing from a more diversified approach, here are some of the largest growth-focused exchange traded funds available:

• Invesco QQQ Trust ( QQQ )
• Vanguard Growth ETF ( VUG )
• iShares Core S&P Mid-Cap ETF ( IJH )
• iShares Russell 1000 Growth ETF ( IWF )
• Technology Select Sector SPDR Fund ( XLK )

For further details see: