3 Growth Stocks to Buy Now for High Returns

This article highlights three growth stocks with strong potential for expansion. Synopsys (SNPS) is an electronic design automation company with a 5-year revenue CAGR of 11%, and a price target of $640.13. Datadog (DDOG) is a cloud platform with a 5-year revenue CAGR of 34.8%, and a price target of $159.15. DoorDash (DASH) is an online food delivery and logistics platform with a 5-year revenue CAGR of 30%, and a price target of $303.61. These stocks have received Strong Buy ratings from Wall Street analysts.

Growth stocks are a popular choice among investors seeking rapid capital appreciation. These companies are poised for significant expansion, often outperforming both the overall market and industry peers. Three such stocks, highlighted by analysts, present strong growth potential: Synopsys (SNPS), Datadog (DDOG), and DoorDash (DASH).

Synopsys (SNPS)
Synopsys is an electronic design automation (EDA) company that provides software, IP, and services for designing and verifying advanced semiconductors and systems. The company's revenue has grown at a five-year CAGR of about 11%, according to TipRanks [1]. Analysts have given SNPS a Strong Buy rating, with an average price target of $640.13, implying a 4.28% upside potential from current levels.

Datadog (DDOG)
Datadog is a cloud platform that helps businesses monitor their applications, servers, and data in real time. The company's revenue has increased at a CAGR of 34.8% over the past five years [1]. Datadog stock has received a Strong Buy rating, with an average price target of $159.15, suggesting a 24.2% upside potential.

DoorDash (DASH)
DoorDash is an online food delivery and logistics platform that connects customers with restaurants and local businesses. The company's revenues have witnessed a five-year CAGR of 30% [1]. DASH stock has a price forecast of $303.61, implying a 21.7% upside potential. The stock has also received a Strong Buy rating from analysts.

Conclusion
These growth stocks offer significant potential for capital appreciation due to their strong revenue growth and positive analyst ratings. Investors should carefully consider these factors before making investment decisions. For the latest insights and analysis, refer to TipRanks' Smart Growth Newsletter.

References
[1] https://www.tipranks.com/news/3-strong-buy-growth-stocks-to-buy-now-8-19-2025-according-to-analysts