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5 Must-Buy Growth Stocks for April With Tremendous Short-Term Upside
AFRMAffirm(AFRM) ZACKS·2025-04-02 13:25

Core Viewpoint - Wall Street experienced a disappointing first quarter of 2025, with concerns over the Trump administration's tariff and trade policies impacting U.S. economic growth and inflation rates [1] Group 1: Growth Stocks Recommendations - Five growth stocks identified for purchase in April include AppLovin Corp. (APP), Marvell Technology Inc. (MRVL), Reddit Inc. (RDDT), Affirm Holdings Inc. (AFRM), and EMCOR Group Inc. (EME) [2] - Each selected stock has a Zacks Rank 1 (Strong Buy) and a Growth Score of A or B [2] Group 2: AppLovin Corp. (APP) - AppLovin provides a software platform for mobile app developers to enhance marketing and monetization [5] - The introduction of AI-powered AXON 2.0 technology and expansion in gaming studios have significantly boosted revenue growth [6] - Expected revenue and earnings growth rates for the current year are 20.4% and 51.7%, respectively [7] - The short-term average price target indicates a potential increase of 90.7% from the last closing price of 282.70,withatargetrangeof282.70, with a target range of 200 to 650[8]Group3:MarvellTechnologyInc.(MRVL)MarvellTechnologyisexperiencingstrongdemandinthedatacentermarket,withrevenuesincreasing98650 [8] Group 3: Marvell Technology Inc. (MRVL) - Marvell Technology is experiencing strong demand in the data center market, with revenues increasing 98% year over year [9] - The company is well-positioned in the solid-state drive controllers' market due to growing data volume [10] - Expected revenue and earnings growth rates for the current year are 43.8% and 75.8%, respectively [12] - The short-term average price target suggests a potential increase of 96.6% from the last closing price of 62.67, with a target range of 90to90 to 188 [13] Group 4: Reddit Inc. (RDDT) - Reddit operates a digital community platform that facilitates user engagement and community building [14] - Expected revenue and earnings growth rates for the current year are 40.4% and over 100%, respectively [15] - The short-term average price target indicates an increase of 85.1% from the last closing price of 110.05,withatargetrangeof110.05, with a target range of 75 to 235[16]Group5:AffirmHoldingsInc.(AFRM)Affirmhasachievedstrongrevenuegrowththroughdiverseincomestreamsandkeypartnerships,includingwithApplePay[17][18]Expectedrevenueandearningsgrowthratesforthecurrentyearare36.9235 [16] Group 5: Affirm Holdings Inc. (AFRM) - Affirm has achieved strong revenue growth through diverse income streams and key partnerships, including with Apple Pay [17][18] - Expected revenue and earnings growth rates for the current year are 36.9% and 89.2%, respectively [19] - The average short-term price target suggests a potential increase of 64.4% from the last closing price of 45.51, with a target range of 56to56 to 86 [20] Group 6: EMCOR Group Inc. (EME) - EMCOR Group benefits from resilient demand in sectors such as semiconductors and healthcare, with remaining performance obligations of 10.1billion,up14.210.1 billion, up 14.2% year over year [22] - Expected revenue and earnings growth rates for the current year are 12.8% and 8.6%, respectively [23] - The average short-term price target indicates a potential increase of 33.5% from the last closing price of 375.50, with a target range of 445to445 to 515 [24]