We’ve used the TipRanks database to pull up the details on three such growth stocks that have shown sustained gains over the past year – gains of 120% or more.
Hyrecar, Inc. (HYRE) The gig economy has exploded in recent years, connecting people with skills to people with needs.
To put some numbers on the company’s gains, revenue increased from $3.7 million in 3Q19 to $6.8 million in 3Q20 (the last reported quarter), a year-over-year gain of 83%.
(See HYRE stock analysis on TipRanks) Alpha and Omega Semiconductor (AOSL) Next up, Alpha and Omega, is a semiconductor maker with a wide portfolio of chipsets specifically designed for the power control requirements of advanced electronic devices.
Unsurprisingly, Fuhrman rates the stock a Buy, and his price target, at $35, implies ~27% growth potential in the next 12 months.