In this article, we will take a detailed look at 10 Best Growth Stocks Under $100 to Buy Now.
Growth stocks are shares of companies which are expected to grow their revenue and earnings at a faster rate than the market average. These companies typically reinvest profits into expansion rather than paying dividends, aiming for long-term capital appreciation. Their high growth, however, tends to be priced at high valuations by the markets, making them significantly more expensive (in terms of P/E multiple, for example) than their more mature, value counterparts. As a result, the performance of growth stocks often depends on general market sentiment—during economic expansions, these stocks tend to outperform as their high growth expectations translate into reality, and their valuation multiple tends to expand; conversely, upon the slightest headwind or macroeconomic uncertainty, their growth and valuation multiple plummet.
READ ALSO: 12 Best Growth Stocks Under $25 to Buy Now
Growth stocks had a strong period of relative outperformance during 2021, as the zero-interest-rate environment, coupled with government stimulus, facilitated unprecedented growth in many industries, especially the consumer-related ones. This strong expansion fueled inflation, and as a result, growth stocks were hit hard by interest rates rising to more than 5% in the US – 2022 was a bad year for the US stock market and especially growth stocks. However, 2023 brought in a whole new growth story for the global markets – not only did the US economy adjust to the new regime of higher interest rates, but also the proliferation of AI megatrend created whole new giant markets and reinvestment opportunities across different sectors, ranging from software developers, semiconductor equipment manufacturers, automation players, and ending with water management, cooling and other infrastructure needed to support the future AI framework around the world.
The aforementioned developments led to a particularly strong 2023-2024 for the broad market and especially for growth stocks. Market valuations, as well as stock market concentration, reached close to record highs, as investors’ optimism in the “Roaring 2020s” scenario and the tremendous AI growth opportunities far outweighed potential recession fears and the negative impact of still elevated interest rates. The high valuation of the entire market, and particularly that of growth stocks, tends to coincide with the length of the horizon that the markets expect the economy to grow undisrupted with little to no risk. However, the new Trump 2.0 regime puts the previous growth scenario at risk—the “Roaring 2020s” scenario, which assumed significant economic acceleration due to onshoring, government stimulus, and huge productivity gains from AI, is now threatened by big cuts in federal financing of many large projects, as well as by the newly established tariffs potentially fueling a second wave of inflation, which will, in turn, require even higher interest rates in the economy.
The threats are confirmed by several forward-looking indicators and surveys, such as business conditions and CapEx outlook from the management of both large and small businesses, as well as by a new wave of layoffs going on in February. While the layoffs in the public sector were largely expected, February 2025 data also shows accelerating layoffs in the retail and technology sectors, which indirectly signals a weaker economy ahead. It is of no surprise that the broad US market sold off in the last few weeks, with many technology leaders down significantly from their 2024 peaks. We believe that attractive investment opportunities arise at times when fear and doubt take over the investors’ sentiment and lead to cheaper valuations for many growth stocks that would eventually recover as the challenges are navigated. With that being said, this article represents a short study into what are the best growth stocks under $100 to buy now as the global markets enter another period of uncertainty.
A financial advisor wearing a suit, pointing to a graph demonstrating success and growth in the financial sector.
Our Methodology
We define growth stocks as those that have the potential to deliver future growth significantly above the average company in the universe. Consequently, we use Finviz to filter stocks that trade under $100 and have expected EPS compounded annual growth rate (CAGR) of at least 20% for the next 5 years. For all the companies, we also include the number of hedge funds having stakes in them, according to Insider Monkey’s Q4 2024 database. The stocks are ranked in ascending order of hedge funds having stakes in them.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10. Dutch Bros Inc. (NYSE:BROS)
Number of Hedge Fund Holders: 41
Expected EPS CAGR in the next 5 years: 26.69%
Dutch Bros Inc. (NYSE:BROS) is a drive-thru coffee chain operating primarily in the United States, known for its specialty coffee, energy drinks, teas, and smoothies. The company differentiates itself through a fast-paced service model, a loyal customer base, and a unique culture centered around friendly interactions. BROS operates company-owned and franchised locations, with a focus on expanding its footprint across multiple states. Its product lineup includes proprietary beverages such as the Blue Rebel energy drink, alongside a variety of flavored coffee and non-coffee options. The company’s growth strategy emphasizes new store openings, brand engagement, and a strong emphasis on drive-thru convenience.
Dutch Bros Inc. (NYSE:BROS) delivered outstanding revenue growth of 33% in 2024, driven by 18% new shop growth with 151 new shop openings and 5.3% system same-shop sales growth. The company demonstrated strong Q4 performance with 6.9% same-shop sales growth and the largest quarterly transaction growth since 2022. Company-operated same-shop sales grew impressively at 9.5% in Q4. The company achieved system-wide AUVs of $2 million, maintaining the record posted earlier in the year. Mobile order functionality has been successfully implemented across approximately 96% of system shops and 99% of company-operated shops, contributing to approximately 8% of the channel mix by the end of the year.
For 2025, Dutch Bros Inc. (NYSE:BROS) expects to open at least 160 new shops, representing system growth of 16%, with projected total revenues between $1.555 billion and $1.575 billion, representing approximately 21% to 23% growth year-over-year. The company anticipates adjusted EBITDA to be between $265 million and $275 million, representing 15% to 20% growth YoY, despite expected headwinds from elevated coffee costs. With such strong management guidance in place, BROS is one of the best growth stocks under $100.
9. American International Group, Inc. (NYSE:AIG)
Number of Hedge Fund Holders: 48
Expected EPS CAGR in the next 5 years: 21.66%
American International Group, Inc. (NYSE:AIG) is a global insurance and financial services company providing property and casualty insurance, life insurance, retirement solutions, and other financial products. It serves individuals, businesses, and institutions across multiple regions, including North America, Europe, and Asia. AIG operates through key segments such as General Insurance, which includes commercial and personal insurance lines, and Life & Retirement, offering annuities, life insurance, and investment products. The company manages risk through underwriting, reinsurance, and claims management while leveraging technology and analytics to optimize operations.
American International Group, Inc. (NYSE:AIG) delivered strong results in the latest Q4 2024 with net premiums written of $6.1 billion, representing a 7% increase YoY, led by 8% growth in Global Commercial Lines. The company achieved an impressive calendar year combined ratio of 92.5% and an accident year combined ratio, excluding catastrophes, of 88.6%. Throughout 2024, AIG successfully executed significant strategic initiatives, including the deconsolidation of Corebridge Financial and the divestiture of noncore businesses like the global individual personal travel insurance business. The company demonstrated strong capital management by reducing shares outstanding by 12%, increasing quarterly dividends by 11%, and returning $8.1 billion to shareholders.
American International Group, Inc. (NYSE:AIG) also implemented its first generative AI solution to support business growth through automated data extraction for underwriting. General Insurance delivered strong performance with net premiums written of $23.9 billion, a 6% increase YoY, and maintained a combined ratio of 91.8%, marking the third consecutive year of a sub 92% combined ratio. Looking forward, AIG is well-positioned to achieve its target of 10% plus core ROE for the full year 2025, supported by strong underwriting results, improved investment income yields, and continued balanced capital management. With that being said, AIG is one of the best growth stocks under $100 to buy now.
8. Nutanix, Inc. (NASDAQ:NTNX)
Number of Hedge Fund Holders: 51
Expected EPS CAGR in the next 5 years: 21.70%
Nutanix, Inc. (NASDAQ:NTNX) is a cloud computing company that provides hyperconverged infrastructure (HCI) and hybrid multicloud solutions for enterprises. Its software platform integrates computing, storage, and networking to simplify IT operations, enabling organizations to manage applications and data across private and public clouds. The company’s product portfolio includes its core HCI software, database management, desktop virtualization, and cloud management tools. NTNX primarily operates on a subscription-based model, serving industries such as healthcare, finance, government, and education.
Nutanix, Inc. (NASDAQ:NTNX) has evolved from its initial HCI offering to become a comprehensive hybrid multi-cloud platform that enables companies to run applications both on-premises and in public clouds like AWS and Azure. The company has expanded its capabilities to include a complete cloud-native platform for Kubernetes applications and enterprise AI solutions, positioning itself as a platform for both current and future computing needs. In terms of market dynamics, NTNX is seeing strong momentum in VMware customer transitions, with 78% of new sales utilizing their own hypervisor and approximately 90% of their 700 new customers starting with Nutanix’s hypervisor solution. The company has strengthened its strategic partnerships, particularly with Cisco and Dell, while also establishing relationships with major cloud providers like AWS for workload migration.
On the financial front, Nutanix, Inc. (NASDAQ:NTNX) has improved its balance sheet position through a recent convertible note issuance of $862.5 million and established a $500 million revolving credit facility, while maintaining focus on strategic investments and share buybacks. The company is actively implementing AI internally to enhance productivity, particularly in areas such as customer support, software development, and legal operations, demonstrating practical applications of its technology. Given the aforementioned developments, NTNX is one of the best growth stocks to buy under $100.
7. Elastic N.V. (NYSE:ESTC)
Number of Hedge Fund Holders: 64
Expected EPS CAGR in the next 5 years: 27.51%
Elastic N.V. (NYSE:ESTC) is a search and data analytics company that provides solutions for enterprise search, observability, and security. Its core product, the Elastic Stack, includes Elasticsearch, Kibana, Beats, and Logstash, enabling organizations to ingest, store, analyze, and visualize data in real time. ESTC’s platform is used for applications such as site search, log and metrics monitoring, threat detection, and cloud security. The company offers both self-managed and cloud-based deployment options through Elastic Cloud. Serving industries like technology, finance, healthcare, and government, ESTC operates on a subscription-based model and focuses on scalability, AI-driven search, and open-source innovation.
Elastic N.V. (NYSE:ESTC) demonstrated strong performance with revenue growth sustained at 17% and cloud business acceleration to 26% from 25%. The company saw robust demand across its core segments, particularly in search where GenAI continues to be a significant driver, securing 5 deals greater than $1 million in commitments related to GenAI in Q3. The company has successfully recovered from its Q1 sales execution challenges, with sales performance returning to historical levels and showing broad-based strength across observability and security segments. From a financial perspective, ESTC has shown significant margin improvement, with current guidance for FY2025 non-GAAP operating margin at 14.7%, a meaningful increase from 11% in FY2024.
Looking ahead, Elastic N.V. (NYSE:ESTC) is positioning itself strongly in the GenAI space with over 1,750 customers using their platform for building AI applications. The company’s strategic focus includes continued investment in GenAI capabilities, leveraging their native AI stack for observability and security solutions, and maintaining their leadership position in unstructured data management. Management plans to continue investing in sales capacity, solution-specific overlays, marketing, and product development while maintaining a balance between revenue growth and profitability. Given the robust demand experienced in the recent quarters, ESTC is one of the best growth stocks under $100 to buy now.
6. Palantir Technologies Inc. (NASDAQ:PLTR)
Number of Hedge Fund Holders: 64
Expected EPS CAGR in the next 5 years: 30.99%
Palantir Technologies Inc. (NASDAQ:PLTR) is a software company specializing in data integration, analytics, and artificial intelligence for government agencies and commercial enterprises. Its primary platforms, Palantir Gotham and Palantir Foundry, enable users to aggregate, analyze, and visualize large datasets for decision-making. Gotham is designed for defense, intelligence, and law enforcement, while Foundry serves industries such as finance, healthcare, and manufacturing. The company also offers Palantir Apollo, a continuous delivery system for software deployment. PLTR operates on a subscription-based model, with a focus on secure data processing, AI-driven insights, and partnerships across public and private sectors. The Colorado-based company ranked fourth on our recent list of 10 Hot AI Stocks to Buy Now.
Palantir Technologies Inc. (NASDAQ:PLTR) delivered exceptional results in the latest Q4 2024 with revenue growing 36% YoY and 14% sequentially to $828 million. The company’s US business demonstrated remarkable strength, growing 52% YoY in Q4, with US commercial revenue specifically growing 64% YoY and 20% sequentially. The company achieved a record-setting number of deals in Q4, including 32 deals worth $10 million or more, with total TCV of $1.8 billion across the business, representing a 56% increase YoY. PLTR’s AI Platform continues to drive new customer acquisition, with the company having nearly 5x the number of US commercial customers compared to three years ago. The company’s profitability metrics were equally impressive, achieving its strongest adjusted operating margin in history at 45% and a Rule of 40 score of 81 in the fourth quarter.
Looking forward, Palantir Technologies Inc. (NASDAQ:PLTR) is guiding to a full year 2025 revenue midpoint of $3.749 billion, representing a whopping 31% YoY growth rate. The company generated substantial cash flow with adjusted free cash flow of $517 million in Q4, representing a margin of 63%, and $1.25 billion for the full year, representing a margin of 44%. PLTR continues to ride the AI tailwind, and it is thus one of the best growth stocks to buy under $100.
5. DexCom, Inc. (NASDAQ:DXCM)
Number of Hedge Fund Holders: 69
Expected EPS CAGR in the next 5 years: 22.64%
DexCom, Inc. (NASDAQ:DXCM) is a medical device company specializing in continuous glucose monitoring (CGM) systems for people with diabetes. Its CGM devices provide real-time glucose readings through a sensor, transmitter, and mobile app, eliminating the need for traditional fingerstick testing. DXCM’s technology helps patients manage blood sugar levels, detect trends, and receive alerts for high or low glucose events. The company primarily serves individuals with Type 1 and Type 2 diabetes, as well as healthcare providers and research institutions, and focuses on innovation in sensor accuracy, wearable technology, and integration with insulin pumps and digital health platforms.
DexCom, Inc. (NASDAQ:DXCM) delivered strong performance in 2024 with revenue of $4.33 billion and organic growth of 12%, while expanding its interactive base by 25% to serve 2.8-2.9 million customers globally. The company has positioned itself for future growth through several strategic initiatives, including the submission of a 15-day CGM system to FDA for review, expansion of global manufacturing capacity, and delivery of 100 basis points of operating leverage. For 2025, DXCM has provided guidance of $4.6 billion in revenue, representing 14% growth, with significant cash generation potential as evidenced by over $1 billion in EBITDA.
DexCom, Inc. (NASDAQ:DXCM) is expanding its market reach beyond traditional insulin management through Stelo, its first over-the-counter product, which has already attracted 140,000-plus users since launch. The company’s international business has reached a significant milestone of $1 billion in revenue, with the company adding 4 million people internationally over the past 3 years. Looking ahead, DXCM is focused on the 15-day rollout in 2025, continuous software updates, and development of key gestational diabetes evidence, while working on dual analyte and continuous ketone monitoring capabilities. With that being said, DXCM is one of the best growth stocks to buy under $100.
4. Block, Inc. (NYSE:XYZ)
Number of Hedge Fund Holders: 81
Expected EPS CAGR in the next 5 years: 28.05%
Block, Inc. (NYSE:XYZ) is a financial technology company that provides payment processing, banking, and digital financial services for businesses and consumers. Its ecosystem includes Square, a platform offering point-of-sale solutions, business loans, and payment hardware for merchants, and Cash App, a mobile app for peer-to-peer payments, banking, and investing. The company also owns Afterpay, a buy-now-pay-later service, and Spiral, which focuses on Bitcoin development. XYZ operates in multiple markets, leveraging data analytics, blockchain technology, and AI to enhance financial accessibility. Its strategy centers on expanding its ecosystem, driving digital payments adoption, and integrating financial services across its platforms.
Block, Inc. (NYSE:XYZ) achieved strong financial performance in 2024, delivering $8.89 billion in gross profit with an 18% YoY growth, driven by Square’s 15% and Cash App’s 21% growth. The company demonstrated robust customer engagement, maintaining gross profit retention above 100% for both Square and Cash App. Profitability metrics showed significant improvement, with Adjusted EBITDA reaching $3.03 billion (up 69% YoY) and Adjusted Operating Income of $1.61 billion, representing a 4.5x increase YoY.
Looking ahead to 2025, Block, Inc. (NYSE:XYZ) expects strong gross profit growth of at least 15% YoY, targeting at least $10.22 billion in gross profit. The company plans to expand Cash App’s capabilities through broader access to Cash App Borrow, the launch of Afterpay on Cash App Card, and increased marketing investments. Management expects improvements in both GPV and gross profit throughout the year, supported by retention and acquisition strategies. The company maintains a disciplined approach to growth and efficiency, operating below its 12,000-person cap and expecting to achieve a Rule of 40 run-rate by the end of 2025. With strong momentum and guidance in place, XYZ is one of the best growth stocks to buy now under $100.
3. Vertiv Holdings Co (NYSE:VRT)
Number of Hedge Fund Holders: 92
Expected EPS CAGR in the next 5 years: 23.47%
Vertiv Holdings Co (NYSE:VRT) is a provider of critical digital infrastructure and services for data centers, communication networks, and industrial applications. Its product portfolio includes power management, thermal management, and IT infrastructure solutions designed to ensure reliability, efficiency, and scalability. VRT serves industries such as cloud computing, telecommunications, and enterprise IT, offering both hardware and software solutions alongside maintenance and consulting services. The company focuses on innovation in energy efficiency, sustainability, and edge computing to support the growing demand for digital connectivity, and operates globally, addressing the needs of hyperscale, colocation, and enterprise data center customers. The US-based company ranked fifth on our recent list of 10 Hot AI Stocks to Buy Now.
Vertiv Holdings Co (NYSE:VRT) demonstrated strong order momentum with trailing 12-month orders growing at 30% in 2024. The company expects book-to-bill to remain greater than 1x in 2025, indicating continued backlog creation. In terms of revenue mix, hyperscale and colo cloud represented approximately 50% of the company’s 2024 revenue, demonstrating strong market positioning in these segments. While facing some regulatory environment challenges and power headwinds in EMEA, the company maintains a positive outlook based on meaningful customer conversations and pipeline strength. In China, where VRT generates slightly less than 10% of revenue, the company operates as a local competitor with strong technology and supply chain presence, serving a broad spectrum of customers across enterprise, colo, cloud, commercial, industrial and telecom sectors.
Vertiv Holdings Co (NYSE:VRT) has been deliberately reducing lead times to enhance competitiveness while maintaining strong customer relationships that provide visibility into spending plans 2-3 years out. Regarding cooling solutions, VRT anticipates liquid cooling to constitute approximately 30% of the total cooling TAM at maturity, while maintaining that air and liquid cooling will coexist for the foreseeable future. The services business, representing 22% of revenue, is predominantly contract-based recurring revenue, supported by increasing digitization and telemetry capabilities. With strong momentum all over the world fueled by the AI megatrend, VRT is one of the best growth stocks to buy under $100.
2. Advanced Micro Devices, Inc. (NASDAQ:AMD)
Number of Hedge Fund Holders: 96
Expected EPS CAGR in the next 5 years: 33.15%
Advanced Micro Devices, Inc. (NASDAQ:AMD) is a semiconductor company that designs and develops high-performance computing, graphics, and data center solutions. Its product portfolio includes CPUs, GPUs, field-programmable gate arrays (FPGAs), and adaptive computing solutions for consumer, enterprise, and industrial applications. AMD serves markets such as gaming, data centers, artificial intelligence, and embedded systems, competing with industry leaders in computing and graphics technology. The company’s key product lines include Ryzen processors for PCs, Radeon GPUs for gaming and professional graphics, and EPYC server processors for cloud and enterprise workloads. The California-based company ranked 4th on our recent list of 10 Best Semiconductor Stocks to Buy for the AI Boom.
Advanced Micro Devices, Inc. (NASDAQ:AMD) experienced a transformative 2024, with the company successfully ramping up MI300 production and exceeding $5 billion in revenue from a standing start. The company has made significant progress in both hardware development and software capabilities, with MI300 and ROCm software now powering complex AI models at major customers like Microsoft and Meta. AMD’s product roadmap demonstrates strong momentum with the introduction of MI325 and MI350 this year, followed by MI400 planned for next year. The company has strengthened its capabilities through strategic moves like the ZT Systems acquisition, which enhances their system-level design capabilities for large-scale AI clusters.
In the broader market context, Advanced Micro Devices, Inc. (NASDAQ:AMD) sees a potential $500 billion market opportunity and believes it can achieve tens of billions in annual revenue in the AI segment. The company’s client business has shown impressive growth with a 58% YoY increase last quarter, driven by strong product portfolio performance across desktop and notebook segments. In the server business, AMD gained approximately 5-6 points of server share last year and maintains confidence about continued share gains in 2025. The company maintains a disciplined approach to investment and resource allocation, focusing on innovation while ensuring revenue growth outpaces operating expense growth to drive significant operating leverage. With a strong position in the AI market, AMD is one of the best growth stocks to buy under $100.
1. Marvell Technology, Inc. (NASDAQ:MRVL)
Number of Hedge Fund Holders: 105
Expected EPS CAGR in the next 5 years: 43.05%
Marvell Technology, Inc. (NASDAQ:MRVL) is a global semiconductor company that designs and develops a wide range of storage, networking, and security solutions. Its product portfolio includes data storage controllers, Ethernet switch systems, custom silicon solutions, and networking processors used in data centers, telecommunications, automotive, and industrial applications. MRVL’s technology powers critical infrastructure, enabling high-speed data transmission, cloud computing, and connectivity. The company focuses on expanding its presence in emerging markets like 5G, automotive, and enterprise storage, while driving innovation in system-on-chip (SoC) solutions, networking performance, and energy efficiency.
Marvell Technology, Inc. (NASDAQ:MRVL) delivered record revenue of $1.817 billion in Q4 2025, growing 20% sequentially and 27% YoY. The company’s data center end market was the primary growth driver, achieving record revenue of $1.37 billion, growing 78% YoY and 24% sequentially, fueled by strong AI demand and execution. For the full fiscal year 2025, MRVL delivered $5.77 billion in aggregate revenue, with data center revenue growing 88% YoY. The company significantly exceeded its AI revenue target of $1.5 billion and expects to very significantly exceed its $2.5 billion target in fiscal 2026.
Marvell Technology Inc. (NASDAQ:MRVL) has successfully ramped highly complex custom silicon programs and continues to gain momentum as customers increasingly rely on them for custom silicon ambitions. The company drove record operating cash flow of $1.68 billion and increased capital returns to stockholders through stock repurchases and dividends totaling $933 million. Looking ahead, management is forecasting revenue growth of over 60% YoY in Q1 2025 at the midpoint of guidance and expects strong YoY revenue growth in fiscal 2026. The company has solidified its position as a leading provider of data infrastructure semiconductors with a unique business model spanning full custom to full merchant solutions.
Overall Marvell Technology, Inc. (NASDAQ:MRVL) ranks first on our list of the 10 best growth stocks under $100 to buy now. While we acknowledge the potential of MRVL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MRVL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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