Growth is a hallmark of all great companies, but the laws of gravity eventually take hold. Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market’s punishment can be swift and severe when trajectories fall.
Deciphering which businesses can sustain their high growth rates is a challenge for even the most seasoned professionals, which is why we started StockStory. On that note, here are three growth stocks with significant upside potential.
DoorDash (DASH)
One-Year Revenue Growth: +23.8%
Founded by Stanford students with the intent to build “the local, on-demand FedEx", DoorDash (NYSE: DASH) operates an on-demand food delivery platform.
Why Is DASH a Top Pick?
- Orders are rising, meaning the company can increase revenue without incurring additional customer acquisition costs if it can cross-sell additional products and features
- Incremental sales significantly boosted profitability as its annual earnings per share growth of 111% over the last three years outstripped its revenue performance
- Free cash flow margin expanded by 11.9 percentage points over the last few years, providing additional flexibility for investments and share buybacks/dividends
DoorDash’s stock price of $245.09 implies a valuation ratio of 34.1x forward EV/EBITDA. Is now a good time to buy? See for yourself in our comprehensive research report, it’s free.
Deckers (DECK)
One-Year Revenue Growth: +15.5%
Established in 1973, Deckers (NYSE: DECK) is a footwear and apparel conglomerate with a portfolio of lifestyle and performance brands.
Why Are We Positive On DECK?
- Constant currency growth averaged 18.2% over the past two years, showing it can expand globally regardless of the macroeconomic environment
- Free cash flow margin is forecasted to grow by 2.3 percentage points in the coming year, potentially giving the company more chips to play with
- Returns on capital are growing as management capitalizes on its market opportunities
Deckers is trading at $116.05 per share, or 19.3x forward P/E. Is now the time to initiate a position? Find out in our full research report, it’s free.
Paymentus (PAY)
One-Year Revenue Growth: +49.4%
Founded in 2004 to simplify the complex world of bill payments, Paymentus (NYSE: PAY) provides a cloud-based platform that helps utilities, municipalities, and service providers automate billing and payment processes.
Why Should You Buy PAY?
- Impressive 36.9% annual revenue growth over the last two years indicates it’s winning market share this cycle
- Performance over the past two years shows its incremental sales were extremely profitable, as its annual earnings per share growth of 134% outpaced its revenue gains
At $38.95 per share, Paymentus trades at 61.6x forward P/E. Is now the right time to buy? See for yourself in our in-depth research report, it’s free.
High-Quality Stocks for All Market Conditions
Trump’s April 2025 tariff bombshell triggered a massive market selloff, but stocks have since staged an impressive recovery, leaving those who panic sold on the sidelines.
Take advantage of the rebound by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025).
Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today
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