3 interesting growth stocks for 2025

The year 2024 was an interesting time for stocks in the technology sector. Despite the generally weaker performance of the semiconductor industry, with the PHLX Semiconductor Sector Index underperforming the broader S&P 500 Index, some companies managed to significantly outperform expectations. Below, we highlight three companies that performed above average in 2024.

These are two semiconductor stocks and one technology firm that is benefiting from rising demand for data centers 👇

Semtech: A growing data centre segment with great potential

Semtech $SMTC posted a 206% total return for investors in 2024. This success is supported by strong performance in the infrastructure segment, where the company's products improve the quality and strength of electrical and optical signals in data centers.

As the volume of data transmitted increases, signals are weakening, increasing the need for technologies to amplify them. Semtech's revenue from this segment has grown more than 40% year-over-year in…