The tech sector hosts plenty of growth stocks, but it can be tough to identify the highest growth companies as the economic fallout from the COVID-19 pandemic ravages markets worldwide. To narrow down the list, I recently pulled together an analysis that focused on stocks with rosy near-term revenue forecasts, while excluding companies that made big acquisitions, faced easy year-over-year comparisons, or had market caps under $5 billion.
Four companies that met these specific criteria are: Zoom Video Communications (NASDAQ: ZM), GSX Techedu (NYSE: GSX), GDS Holdings (NASDAQ: GDS), and Crowdstrike (NASDAQ: CRWD). Let's see if any of these high-growth stocks are worth buying.
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