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Best Growth Stocks To Watch Now - April 13th

Prologis logo with Finance background
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Key Points

  • MarketBeat spotlights Prologis (PLD), Ascendis Pharma (ASND) and Hamilton Lane (HLNE) as the Growth stocks to watch, selected because they posted the highest dollar trading volume among Growth stocks in recent days and fit the profile of companies expected to outpace market revenue and earnings growth.
  • Prologis (PLD) is a global logistics real estate leader, owning or investing in roughly 1.2 billion square feet of properties and development projects across 19 countries as of March 31, 2024.
  • Ascendis Pharma (ASND) markets SKYTROFA for growth hormone deficiency and is advancing multiple endocrinology and oncology candidates, while Hamilton Lane (HLNE) is a diversified private-equity firm investing across stages and sectors including energy, IT, healthcare and real estate.
  • Five stocks to consider instead of Prologis.

Prologis, Ascendis Pharma A/S, and Hamilton Lane are the three Growth stocks to watch today, according to MarketBeat's stock screener tool. Growth stocks are shares of companies expected to grow their revenues and earnings faster than the overall market, often because of strong competitive advantages, innovative products, or expansion opportunities. They typically reinvest profits into the business rather than paying dividends, often trade at higher valuation multiples, and can be more volatile as prices depend heavily on future growth expectations. These companies had the highest dollar trading volume of any Growth stocks within the last several days.

Prologis (PLD)

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries.

Read Our Latest Research Report on PLD

Ascendis Pharma A/S (ASND)

Ascendis Pharma A/S, a biopharmaceutical company, focuses on developing therapies for unmet medical needs. It offers SKYTROFA for treating patients with growth hormone deficiency (GHD). The company is also developing a pipeline of three independent endocrinology rare disease product candidates in clinical development, as well as focuses on advancing oncology therapeutic candidates.

Read Our Latest Research Report on ASND

Hamilton Lane (HLNE)

Hamilton Lane Incorporated is a private equity firm specializing in early venture, emerging growth, turnaround, middle market, mature, mid-venture, bridge, buyout, distressed/vulture, loan, mezzanine in growth capital companies. It prefers to invest in energy, industrials, consumer discretionary, health care, real estate, information technology, utilities, and consumer services.

Read Our Latest Research Report on HLNE

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Prologis Right Now?

Before you consider Prologis, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Prologis wasn't on the list.

While Prologis currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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