Growth Stocks To Research - October 23rd

Key Points

• Prologis, the global leader in logistics real estate, owns or has investments in properties totaling approximately 1.2 billion square feet across 19 countries, making it a key growth stock to watch.
• Teledyne Technologies focuses on providing enabling technologies for industrial markets, encompassing a range of sensors and imaging systems, which positions them strongly in the growth sector.
• Ascendis Pharma A/S is notable for its commitment to developing therapies for unmet medical needs and focuses on innovative treatments for growth hormone deficiency and oncology, highlighting its potential in the biopharmaceutical industry.

Prologis, Teledyne Technologies, Hamilton Lane, Canopy Growth, and Ascendis Pharma A/S are the five Growth stocks to watch today, according to MarketBeat's stock screener tool. Growth stocks are shares of companies expected to increase revenues and earnings faster than the overall market, typically because they reinvest profits into expansion, innovation, or market share gains. Investors buy them primarily for capital appreciation rather than income; they often carry higher valuation multiples and greater price volatility, making them sensitive to changes in growth forecasts. 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

Teledyne Technologies (TDY)

Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.

Read Our Latest Research Report on TDY

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

Canopy Growth (CGC)

Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in the United States, Canada, Germany, and internationally. It operates through Canada Cannabis, International Markets Cannabis, and Storz & Bickel segments.

Read Our Latest Research Report on CGC

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