5 Must-Buy Growth Stocks for July After an Impressive June
The trend is likely to continue in July supported by strong economic data. The ISM (Institute of Supply Management) manufacturing and services purchasing managers' index (PMI) data for June were better than expected. Factory orders (orders for both durable and non-durable goods) jumped in May compared with the contraction in April.
Finally, job additions in June were firm well ahead of the consensus estimate eliminating the risk of a near-term recession in the economy. Moreover, the tally for May and April together increased by 11,000. The unemployment rate ticked down to 4.1% in June from 4.2% in May.
At this stage, we recommend five growth stocks for July. Growth investors are primarily focused on stocks with aggressive earnings or revenue growth, which should propel their stock prices higher in the future.
These stocks are: AppLovin Corp. APP, Intuit Inc. INTU, monday.com Ltd. MNDY, Credo Technology Group Holding Ltd. CRDO and Gold Fields Ltd. GFI. Each of our picks sports a Zacks Rank #1 (Strong Buy) and has a Growth Score of A. You can see the complete list of today's Zacks #1 Rank stocks here.
The chart below shows the price performance of our five picks in the past month.
AppLovin Corp.
AppLovin is engaged in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally. APP provides a technology platform that enables developers to market, monetize, analyze and publish their apps.
AppLovin's last reported financial results demonstrate its strong fundamentals and growth potential. The introduction of APP's AI-powered AXON 2.0 technology and strategic expansion in gaming studios have significantly boosted revenue growth. APP's AI-enabled Audience+ marketing platform is also increasing its reach into the direct-to-consumer and e-commerce space.
AppLovin has an expected revenue and earnings growth rate of 16% and 85.2%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.4% in the last 30 days.
Intuit Inc.
Intuit has been benefiting from steady revenues from the Online Ecosystem and Desktop business segments. INTU's strong momentum in Online Services revenues is driven by the solid performance of Mailchimp, payroll and Money, which includes payments, capital and bill pay.
Intuit's generative AI-powered "Intuit Assist," provides a financial assistant, enabling personalized insights and recommendations, integrated into products like TurboTax, Credit Karma, QuickBooks, and Mailchimp, aiming to fuel small business and personal financial success.
INTU's Credit Karma business is benefiting from strength in Credit Karma Money, credit cards, auto insurance and personal loans. INTU's strategy of shifting its business to a cloud-based subscription model will help generate stable revenues over the long run. Cloud is a flourishing part of the technology space and has been gaining momentum in recent years.
Intuit has an expected revenue and earnings growth rate of 11.7% and 13.7%, respectively, for the next year (ending July 2026). The Zacks Consensus Estimate for next-year earnings has improved 4.6% over the last 60 days.
monday.com Ltd.
monday.com develops software applications in the United States, Europe, the Middle East, Africa, and internationally. MNDY provides Work OS, a cloud-based visual work operating system that consists of modular building blocks used and assembled to create software applications and work management tools.
MNDY also offers product solutions for work management, sales CRM, software development verticals, business development, presale, and customer success services. MNDY serves organizations, educational or government institutions, and distinct business units of an organization.
monday.com has an expected revenue and earnings growth rate of 25.6% and 8.3%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.9% in the last 30 days.
Credo Technology Group Holding Ltd.
Credo Technology is a provider of high-performance serial connectivity solutions for the hyperscale datacenter, 5G carrier, enterprise networking, artificial intelligence and high-performance computing markets.
CRDO's products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP, as well as integrated circuits, active electrical cables. CRDO also offers intellectual property solutions consisting of SerDes IP licensing.
CRDO sells its products to hyperscalers, original equipment manufacturers, original design manufacturers and optical module manufacturers, as well as into the enterprise and HPC markets.
Credo Technology has an expected revenue and earnings growth rate of 85.8% and more than 100%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 37% in the last 60 days.
Gold Fields Ltd.
Gold Fields operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, Canada, Australia, and Peru. GFI also explores for copper and silver deposits.
Gold Fields has an expected revenue and earnings growth rate of 71% and 93.9%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 9.4% in the last 30 days.
Only $1 to See All Zacks' Buys and Sells
We're not kidding.
Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity.
Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.
See Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Intuit Inc. (INTU): Free Stock Analysis Report
Gold Fields Limited (GFI): Free Stock Analysis Report
AppLovin Corporation (APP): Free Stock Analysis Report
monday.com Ltd. (MNDY): Free Stock Analysis Report
Credo Technology Group Holding Ltd. (CRDO): Free Stock Analysis Report
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
3 minutes ago
- Globe and Mail
Tyler Technologies Reports Strong Q2 2025 Earnings
Tyler Technologies ( (TYL)) has released its Q2 earnings. Here is a breakdown of the information Tyler Technologies presented to its investors. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Tyler Technologies, Inc. is a leading provider of software solutions and services for the public sector, offering innovative technology to enhance the efficiency and effectiveness of government operations. The company operates primarily in the enterprise software and platform technologies sectors, providing a range of solutions including public administration, courts and public safety, education, and property management. In its latest earnings report for the quarter ending June 30, 2025, Tyler Technologies reported a significant increase in total revenues, reaching $596.1 million, up from $541.0 million in the same period last year. The company's net income also saw a notable rise, reaching $84.6 million compared to $67.7 million in the previous year, indicating strong financial performance and growth. Key highlights from the report include a substantial increase in subscription revenues, which rose to $405.1 million from $333.7 million year-over-year, driven by strong demand for SaaS and transaction-based services. The company's operating income also improved, reaching $95.6 million, reflecting effective cost management and operational efficiency. Additionally, Tyler Technologies continued to invest in research and development, with expenses rising to $50.8 million, underscoring its commitment to innovation and product development. Despite challenges in professional services and maintenance revenues, Tyler Technologies has demonstrated resilience and adaptability in its business model, maintaining a robust financial position with total assets of $5.43 billion. The company's strategic focus on recurring revenue streams and technological advancements positions it well for sustained growth in the public sector market. Looking ahead, Tyler Technologies remains optimistic about its growth prospects, with management emphasizing continued investment in technology and expansion of its product offerings to meet the evolving needs of public sector clients. The company's strong financial performance and strategic initiatives are expected to drive further success in the coming quarters.
Globe and Mail
33 minutes ago
- Globe and Mail
Apple Inc. Reports Record-Breaking Q3 2025 Earnings
Apple Inc ( (AAPL)) has released its Q3 earnings. Here is a breakdown of the information Apple Inc presented to its investors. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Apple Inc., a leading technology company renowned for its innovative products and services, operates primarily in the consumer electronics and software industry. Known for its flagship products like the iPhone, iPad, and Mac, Apple continues to set benchmarks in the tech world with its seamless ecosystem of devices and services. In its fiscal 2025 third quarter earnings report, Apple announced a record-breaking performance with a total revenue of $94 billion, marking a 10% increase from the previous year. The company also reported a significant rise in its earnings per share, which grew by 12% to $1.57. This quarter was highlighted by strong growth in iPhone, Mac, and Services revenue, alongside a global expansion in all geographic segments. Key financial metrics revealed a robust performance, with Apple's net income reaching $23.4 billion, up from $21.4 billion in the same quarter last year. The company's services sector hit a new all-time high, contributing $27.4 billion to the total revenue. Additionally, Apple's installed base of active devices achieved a new peak, driven by high customer satisfaction and loyalty. Apple's strategic announcements included the introduction of a new software design across all platforms and enhanced Apple Intelligence features, unveiled during the WWDC25. The board of directors declared a cash dividend of $0.26 per share, reinforcing Apple's commitment to returning value to its shareholders. Looking ahead, Apple remains optimistic about its future growth, focusing on innovation and customer satisfaction. The company's management continues to navigate the competitive tech landscape with strategic investments in product development and market expansion.
Globe and Mail
33 minutes ago
- Globe and Mail
Hilton Grand (HGV) Q2 Revenue Misses 8%
Key Points GAAP revenue was $1.266 billion for Q2 2025, missing analyst expectations by $111.6 million. Adjusted EPS (non-GAAP) was $0.54, falling short of estimates, compared to an expected $0.81 (non-GAAP). Contract sales increased 10.2% to $834 million, but adjusted free cash flow dropped sharply. These 10 stocks could mint the next wave of millionaires › Hilton Grand Vacations (NYSE:HGV), a leading timeshare and vacation ownership company behind the Hilton brand, reported Q2 2025 results on July 31, 2025. The release highlighted strong contract sales and ongoing integration of acquired businesses, particularly Bluegreen Vacations. However, both GAAP revenue and non-GAAP adjusted earnings per share missed Wall Street forecasts. GAAP revenue reached $1.266 billion versus estimates of $1.378 billion, and adjusted EPS (non-GAAP) was $0.54 compared to an expected $0.81. The period saw solid top-line growth in contract sales and notable operational gains, but also margin pressure, a significant drop in adjusted free cash flow (non-GAAP), and weak membership growth, with consolidated Net Owner Growth (NOG) of 0.6% for the twelve months ended Q2 2025. Metric Q2 2025 Q2 2025 Estimate Q2 2024 Y/Y Change Adjusted EPS (Non-GAAP) $0.54 $0.81 $0.62 (12.9 %) Revenue (GAAP) N/A N/A $1.24 billion N/A Adjusted EBITDA Attributable to Stockholders $233 million $262 million (11.1 %) Contract Sales $834 million $757 million 10.2 % Adjusted Free Cash Flow $135 million $370 million (63.5 %) Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Business Overview and Strategic Focus Hilton Grand Vacations focuses on selling vacation ownership interests (VOIs), commonly known as timeshares, across the United States and internationally. Its business includes real estate sales, resort operations, club management, rental and ancillary services, and a lending arm that provides financing for timeshare buyers. The company leverages the well-known Hilton brand and a network of partnerships, including those with Bass Pro Shops and Choice Hotels, to attract and serve customers. Recently, the company's strategy has emphasized expansion through acquisitions and brand partnerships. The purchase of Bluegreen Vacations in January 2024 broadened the product range and increased the customer base. Success depends on effective integration of these acquisitions, leveraging brand recognition, strong inventory management, and maintaining robust financing solutions for customers. Key performance measures include contract sales, membership growth, and profitability margins across its business segments. Key Developments and Metrics for the Quarter Contract sales rose 10.2% to $834 million in Q2 2025. Despite higher headline sales, overall GAAP revenue and adjusted EPS (non-GAAP) both came in below analyst estimates. The real estate sales and financing segment posted $760 million in revenue, but profit margins experienced pressure in part from a $45 million net deferral tied to ongoing projects in Hawaii and Japan. Financing revenue benefited from higher interest rates and a larger loan portfolio, with segment financing revenue up $24 million compared to Q2 2024 and profit margin (non-GAAP) remained relatively stable. The timeshare financing loan book totaled approximately $4.02 billion as of December 31, 2024, maintaining a 15.0% weighted average interest rate as of December 31, 2024 with a 10.2% annualized default rate for Q1 2025. In resort operations and club management, revenue grew by $19 million to $405 million, yet adjusted EBITDA slipped from $152 million to $149 million, and Adjusted EBITDA profit margin dropped to 36.8%. Club membership was approximately 724,300 as of Q2 2025, with net owner growth at just 0.6% over the trailing twelve months ended June 30, 2025, compared to 1.7% in the prior twelve months. The rental and ancillary services segment, which covers services beyond core timeshare sales, reported $195 million in GAAP revenue (flat year over year). This segment moved to a loss of $8 million from a $7 million profit compared to Q2 2024, with the profit margin falling to negative 4.1% (non-GAAP). Long-Term Positioning, Acquisition, and Financial Actions Rebranding projects and the expansion of the HGV Max member platform continued, leveraging acquired customer bases and locations. These actions are designed to boost operating efficiencies and drive customer engagement across the expanded resort portfolio. Inventory management continues to be crucial, with the company's pipeline valued at $13.3 billion based on current prices as of Q2 2025. Owned inventory represented 90.6% of the company's total contract sales pipeline as of Q2 2025, and fee-for-service inventory -- where the company manages but does not own vacation units -- has dropped as a share of the mix. This strategy places more risk on the balance sheet if sales slow, so maintaining sales momentum is key. On the financial services front, the company's lending operations contributed significantly to revenue and profit, with most loans carrying interest rates around 15.0% as of December 31, 2024. Securitization of its loan book remains a core liquidity strategy, allowing HGV to convert loan assets into cash that it can use for both operational needs and shareholder returns. Shareholder returns were highlighted by share repurchases: 4.1 million shares were repurchased for $150 million in Q2 2025. The board approved an additional $600 million repurchase authorization over a two-year period on July 29, 2025. Cash flow, however, faced pressure. Adjusted free cash flow dropped 63.5% year over year in Q2 2025. Free cash flow was $28 million, compared to $95 million for the same period in the prior year, a 70.5% decline. The company's net leverage ratio remained at approximately 3.9x trailing-twelve-month EBITDA as of June 30, 2025. Hilton Grand Vacations does not currently pay a dividend. Outlook and What to Watch Ahead Management reiterated its prior 2025 guidance for full-year adjusted EBITDA (before deferrals and recognitions), holding the range at $1.125 billion to $1.165 billion. No additional or updated guidance was provided for revenue or earnings per share for the remainder of the year. For investors and observers, membership growth, the pace of Bluegreen integration, and recovery in profit margins are watch points for the next periods. Potential risks include further pressure on cash flow, slower net owner growth, and the impacts of greater reliance on owned (rather than fee-for-service) inventory. The company also flagged ongoing macroeconomic risks that could affect consumer demand, but refrained from offering new quantitative outlooks beyond the EBITDA guidance. Revenue and net income presented using U.S. generally accepted accounting principles (GAAP) unless otherwise noted. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor's total average return is 1,036%* — a market-crushing outperformance compared to 181% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. See the stocks » *Stock Advisor returns as of July 29, 2025
