12 Stocks to Buy with Exponential Growth in 2025

7. Atlassian Corporation (NASDAQ:TEAM)

Average Upside Potential: ~62.5%

Number of Hedge Fund Holders: 75

Atlassian Corporation (NASDAQ:TEAM) is engaged in designing, developing, licensing, and maintaining various software products. The company’s investments in AI, mainly via its Atlassian Intelligence and Rovo offerings, provide strong growth opportunities. These AI-powered solutions can enhance user productivity, streamline workflows, and offer valuable insights throughout Atlassian Corporation (NASDAQ:TEAM)’s product portfolio. The roll-out of Rovo, which is an AI-powered enterprise search platform, can establish a new revenue stream for the company.

The integration of AI capabilities throughout Atlassian Corporation (NASDAQ:TEAM)’s product suite can improve its value proposition to customers, potentially fueling increased adoption rates, higher user engagement, and improved customer retention. With AI continuing to play a critical part in software development and collaboration tools, Atlassian Corporation (NASDAQ:TEAM)’s early investments in this area can place it well as a leader in AI-powered productivity solutions. The company and Amazon Web Services (AWS) announced a multi-year strategic collaboration agreement, which focuses on further providing Atlassian customers access to the latest cloud-enabled services, which include GenAI, backed by security, privacy, compliance, and reliability.

Artisan Partners, an investment management company, released its Q4 2024 investor letter. Here is what the fund said:

“Among our top Q4 contributors were Atlassian Corporation (NASDAQ:TEAM), Spotify and Marvell Technology. Atlassian provides collaboration and productivity software tools—a large, structurally growing addressable market that is expanding from the core software developer market to a much larger “knowledge worker” market. Along with much of the software industry, the company went through a period of weakness as small and medium-sized businesses pulled back spending due to macroeconomic concerns, and enterprise IT spending shifted toward AI projects at the expense of traditional cloud software offerings. However, shares rallied after earnings results beat expectations and showed signs of a turnaround, including higher-than-expected paid seat expansion.”