Why These 24 Stocks Are Skyrocketing

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5. Red Cat Holdings, Inc. (NASDAQ:RCAT)

Q4 Returns as of December 31, 2024: 406%

RCAT has shown solid performance, closing December 31 with a stock price of $12.85, a 406% increase from its $2.54 close on September 30, 2024. In the past year, RCAT’s stock price has jumped by a whopping 1,400%, as of January 10.

The company is revolutionizing the aircraft industry with its intelligent surveillance and precision systems. In the fiscal second quarter of 2025, the company formed several partnerships and secured million-dollar contracts to advance its technology and accelerate its position in the industry.

Red Cat Holdings Inc. (RCAT) also logged revenue worth $4.3 million year-to-date, as of FQ2 2025.

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