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Top Growth Stocks To Keep An Eye On - May 9th

Prologis logo with Finance background
Image from MarketBeat Media, LLC.

Key Points

  • Prologis (PLD), Ascendis Pharma A/S (ASND), and Teledyne Technologies (TDY) were highlighted as the three growth stocks to watch, based on MarketBeat’s screener and recent trading volume.
  • Prologis is the global leader in logistics real estate, with properties and development projects totaling about 1.2 billion square feet across 19 countries, underscoring its scale in high-growth markets.
  • Ascendis Pharma is focused on therapies for unmet medical needs, with SKYTROFA already on the market and a pipeline spanning rare disease and oncology candidates, while Teledyne Technologies provides enabling technologies for industrial growth markets through its digital imaging and sensor businesses.
  • Five stocks to consider instead of Prologis.

Prologis, Ascendis Pharma A/S, and Teledyne Technologies are the three Growth stocks to watch today, according to MarketBeat's stock screener tool. Growth stocks are shares of companies expected to increase their earnings, revenues, or market share faster than the overall market or their industry. Investors buy them mainly for their future appreciation potential rather than for high dividend payments, though they can also be more volatile and carry higher risk than value stocks. 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

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

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