Amid a slowing global economy, high-quality growth stocks may become scarce assets. Although economists widely expect subdued U.S. economic growth in the coming quarters, with some indicators even pointing to a mild recession, growth stocks have continued to outperform value stocks in 2025. Analysts anticipate this trend will persist as the Federal Reserve is likely to further cut interest rates.
Here are 5 top tech growth stocks selected by CFRA analysts, all of which have achieved an average annual revenue growth of over 15% in the past three years:
As a leading high-end semiconductor manufacturer, NVIDIA has been one of the most remarkable growth stories in the U.S. stock market over the past 15 years. Its financial performance continues to impress Wall Street: fiscal second-quarter revenue increased 56% year over year, while net income grew 59%. Analyst Angelo Zino noted that NVIDIA’s expanding edge device penetration, addressable market, and software opportunities position the company for sustained growth. He projects 57% revenue growth in fiscal 2026 and 31% in fiscal 2027.
CFRA rates NVDA as a “Buy” with a $210 price target (closing at $171.66 on Sept. 4).
Broadcom is a designer, developer, and supplier of analog semiconductor devices. It reported 43% revenue growth in fiscal 2024 and maintained a 20% growth rate in the most recent quarter, with AI-related revenue surging 46%. Zino believes Broadcom’s Application-Specific Integrated Circuit (ASIC) and networking businesses make it a key beneficiary of the AI infrastructure investment boom. Additionally, its software segment VMware shows strong momentum. The company is projected to achieve 22% revenue growth in fiscal 2025 and 21% in fiscal 2026.
CFRA gives AVGO a “Buy” rating with a $340 price target (closing at $306.10 on Sept. 4).
This big data company builds software platforms that analyze massive datasets using machine learning and AI technology. Its stock price has soared in recent years, supported by impressive growth figures. In Q2, revenue grew 48%, including a 93% increase in U.S. commercial revenue and 53% growth in U.S. government revenue. Analyst Janice Quek sees significant upside potential and projects 45% sales growth for full-year 2025.
CFRA rates PLTR as a “Buy” with a $199 price target (closing at $156.14 on Sept. 4).
Shares of this microprocessor and graphics semiconductor maker have surged approximately 9,000% over the past decade. AMD reported 32% revenue growth and a stunning 229% net income increase in Q2. Zino stated that AMD’s accelerated AI hardware roadmap is helping it narrow the gap with industry leader NVIDIA. He is optimistic about the company’s progress in open-source AI software and sales of accelerators and AI PCs. AMD is expected to achieve 21% revenue growth in 2026.
CFRA rates AMD as a “Strong Buy” with a $200 price target (closing at $161.79 on Sept. 4).
The company provides software-as-a-service (SaaS) applications for managing and automating workflow processes. In Q2, total revenue grew 22.5%, net income increased 46.9%, subscription revenue rose 22.5%, current remaining performance obligations grew 29%, and the number of customers with over $20 million in annual contract value increased 30% year over year. Quek highlighted strong momentum in ServiceNow’s AI initiatives and projects 19.8% revenue growth in 2025.
CFRA gives NOW a “Strong Buy” rating with a $1,212 price target (closing at $898.56 on Sept. 4).
