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Top Growth Stocks To Follow Now - August 2nd

Prologis logo with Real Estate background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat identified seven growth stocks to watch on August 2: Prologis (PLD), Teledyne Technologies (TDY), Jersey Mike’s (JMKE), Ascendis Pharma (ASND), Hamilton Lane (HLNE), Hercules Capital (HTGC), and Acadia Realty Trust (AKR).
  • The companies were selected because they recorded the highest recent dollar trading volume among growth stocks. Growth stocks typically prioritize expansion over dividends and may involve higher valuations and risk.
  • The list spans logistics real estate, industrial technology, restaurants, biopharmaceuticals, private equity, venture lending, and retail real estate, offering exposure to several distinct growth sectors.
  • Interested in Prologis? Here are five stocks we like better.

Prologis, Teledyne Technologies, Jersey Mike's, Ascendis Pharma A/S, Hamilton Lane, Hercules Capital, and Acadia Realty Trust are the seven Growth stocks to watch today, according to MarketBeat's stock screener tool. Growth stocks are shares of companies expected to grow their revenue, earnings, or market value faster than the overall market. These companies often reinvest profits into expansion rather than paying large dividends, and their stocks may carry higher valuations and greater risk because future growth is not guaranteed. 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

Jersey Mike's (JMKE)

We are Jersey Mike’s: A high-growth franchisor of fast casual, submarine-style sandwich restaurants specializing in authentic, hand-crafted, craveable subs. Built over 70 years on one uncompromising belief – that a truly great sub sandwich can change your day and that a truly great brand changes its community – Jersey Mike’s is now one of the largest and fastest-growing limited-service restaurant brands based on U.S.

Read Our Latest Research Report on JMKE

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

Hercules Capital (HTGC)

Hercules Capital, Inc. is a business development company. The firm specializing in providing venture debt, debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development from startups to expansion stage including select publicly listed companies and select special opportunity lower middle market companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies.

Read Our Latest Research Report on HTGC

Acadia Realty Trust (AKR)

Read Our Latest Research Report on AKR

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