In June 2024, the U.S. stock market remains strong, with major indices like the S&P 500 and Nasdaq reaching record highs. This growth is fueled by a growing interest in AI technologies and their impact on sectors such as semiconductors. Companies with high insider ownership are gaining attention, as insider stakes can indicate confidence in a company’s future.
Here are the top 10 growth companies in the U.S. with high insider ownership:
1. GigaCloud Technology (NasdaqGM:GCT) – Insider Ownership: 25.9%, Earnings Growth: 21.3%
2. PDD Holdings (NasdaqGS:PDD) – Insider Ownership: 32.1%, Earnings Growth: 23.2%
3. Atour Lifestyle Holdings (NasdaqGS:ATAT) – Insider Ownership: 26%, Earnings Growth: 21.7%
4. Celsius Holdings (NasdaqCM:CELH) – Insider Ownership: 10.5%, Earnings Growth: 21.5%
5. Super Micro Computer (NasdaqGS:SMCI) – Insider Ownership: 14.3%, Earnings Growth: 40.2%
6. Bridge Investment Group Holdings (NYSE:BRDG) – Insider Ownership: 11.6%, Earnings Growth: 98.2%
7. Credo Technology Group Holding (NasdaqGS:CRDO) – Insider Ownership: 15%, Earnings Growth: 84.1%
8. Carlyle Group (NasdaqGS:CG) – Insider Ownership: 29.2%, Earnings Growth: 23.6%
9. BBB Foods (NYSE:TBBB) – Insider Ownership: 22.9%, Earnings Growth: 100.1%
10. EHang Holdings (NasdaqGM:EH) – Insider Ownership: 32.8%, Earnings Growth: 101.9%
One company to watch is Bowman Consulting Group Ltd., with insider ownership at 18.5% and forecasted earnings growth of 150.4% per year. Despite recent insider selling, the stock is undervalued and expected to see a price increase. Bowman recently secured a major contract, showing strategic growth in new markets.
Remember, this article is for informational purposes only and not financial advice. Check with a financial advisor before making investment decisions.