3 Tech Stocks Primed for Substantial EPS Growth in the Current Year

The technology sector continues to exhibit vigorous expansion, bolstered by the unrelenting need for enhanced management capabilities, robust marketing endeavors, and the growing demand for scalable and secure software solutions. Within this dynamic landscape, certain tech stocks stand out, poised to achieve impressive earnings per share (EPS) growth of over 45% in the current year. Among them are three particular stocks that investment analysts have identified as having significant growth potential.

AppLovin Corporation: A Mobile Monetization Maestro

Represented by the ticker APP, AppLovin Corporation has established itself as a powerhouse in the mobile tech space. With its headquarters in Palo Alto, California, AppLovin has dedicated itself to creating a software-based platform aimed at revolutionizing how mobile app developers market and monetize their applications worldwide. This commitment to innovation positions APP for substantial EPS growth and makes it an enticing stock for tech investors.

Atlassian Corporation Plc: Unleashing Collaboration

Atlassian Corporation Plc, trading under the ticker TEAM, is another prominent player within the tech industry. Known for its wide range of software products, Atlassian, headquartered in Sydney, Australia, fosters collaboration and improves productivity for teams around the world. It licenses and maintains software that is integral for numerous businesses, setting TEAM up for significant EPS growth in the rapidly advancing technological world.

Nutanix, Inc.: The Enterprise Cloud Innovator

The ticker NTNX is synonymous with Nutanix, Inc., a frontrunner in providing enterprise cloud platforms. Nutanix's presence spans across several continents including North America, Europe, Asia Pacific, and more. The San Jose, California-based company offers solutions that streamline cloud infrastructure and make it more accessible and manageable, underpinning the potential for remarkable EPS growth in the near term for NTNX.

APP, TEAM, NTNX