It’s always an exciting feeling when a stock you own hits an all-time high.
Even if you do not own the stock, seeing its share price hit a new record suggests that the business is doing something right.
Investors can start searching for attractive growth stocks by identifying stocks that have broken through new highs.
But the more important question should be – can the stock continue its upward climb?
These four US growth stocks have just hit new all-time highs and you can consider including them in your growth portfolio.
Applied Materials (NASDAQ: AMAT)
Known as the global leader in the materials engineering solutions space, Applied provides the essential equipment, services, and software required to manufacture the semiconductor chips powering today’s electronic devices.
The company’s shares rallied 176.4% over the past year and recently reached a new high of US$420.50.
For the full fiscal 2025 (FY2025) ending 26 October 2025, Applied Materials reported a 4.4% year-on-year (YoY) rise in revenue to US$28.4 billion.
Operating profit grew steadily by 5.4% YoY to US$8.3 billion.
However, net profit saw a slight dip of 2.5% YoY to US$7 billion.
Free cash flow this year also faced headwinds, slipping 23.9% YoY to US$5.7 billion.
For the first quarter of fiscal 2026 (1QFY2026), both revenue and operating profit dipped by 2.1% and 15.8% respectively, to US$7.0 billion and US$1.8 billion.
Net profit, however, grew 71% YoY to US$2 billion.
Applied Materials’ free cash flow also soared by 91.2% YoY to US$1 billion.
The company also upped its quarterly dividend by 15.2% YoY from US$0.46 to US$0.53.
Walmart Inc. (NASDAQ: WMT)
Next up is Walmart.
As a global omni-channel retail giant operating more than 10,900 stores across 19 countries, Walmart serves approximately 280 million customers and members.
Shares of the retailer have risen 32.5% over the past year, hitting an all-time high of US$134.69.
Total revenue rose 4.7% YoY to US$713.2 billion for its fiscal 2026 (FY2026), which concluded on 31 January 2026.
Operating profit inched up 1.6% YoY to US$29.8 billion and the company’s earnings per share improved by 13.3% YoY to US$2.73.
The retailer’s free cash flow also jumped 17.9% YoY to US$14.9 billion.
Walmart’s quarterly dividend was raised by 13.3% YoY to US$0.235 per share.
In FY2027, the company has announced quarterly dividends of US$0.2475 per share, representing a 5.3% YoY growth.
Amazon Inc (NASDAQ: AMZN)
Amazon, founded by Jeff Bezos out of his garage, has since developed into a leader of the e-commerce industry.
However, beyond retail, the company has also successfully expanded into the cloud computing industry through Amazon Web Services (AWS), which has become the company’s most significant profit driver.
The company’s share price climbed 48.8% over the past year and recently hit an all-time high of US$278.56.
Amazon reported a 12.4% YoY rise in revenue to US$716.9 billion for fiscal year 2025 (FY2025).
Its Product Sales segment saw revenue rise by 8.8% YoY to US$297.3 billion while the Service Sales’ revenue climbed 15% YoY to US$420.7 billion.
Operating profit jumped 16.6% YoY to US$80 billion with net profit climbing 31.1% YoY to US$77.7 billion.
As AI adoption accelerates, dependency on AWS continues to intensify.
Amazon has announced its plan to spend US$200 billion this year just on data centres, chips and other equipment to meet the surge in demand.
This growth is further bolstered by an expanded agreement with Anthropic announced in April 2026.
Anthropic has committed to spend more than US$100 billion on AWS over the next 10 years, while Amazon is investing an additional US$5 billion in Anthropic immediately, with up to US$20 billion more tied to commercial milestones, on top of the US$8 billion it had previously invested.
While investors were worried about this increase in spending, only time will tell if this ambitious spending plan will pay off.
RTX Corp (NYSE: RTX)
RTX is a defence and aviation company that develops integrated defence systems, advanced aviation technology, and next-generation manufacturing solutions.
Shares of RTX have advanced 35.3% in the last year and reached an all-time high of US$214.50 on 3 March 2026.
RTX announced a strong set of earnings for 1Q 2026 with revenue rising 8.7% YoY to US$22.1 billion.
Operating profit increased by 25.6% YoY to US$2.6 billion with net profit climbing close to 33% YoY to US$2.2 billion.
The company’s free cash flow for 1Q2026 also jumped 65.2% YoY to US$1.3 billion.
The board of directors also upped RTX’s quarterly dividend by 7.9% YoY to US$0.68 per share, announced in May 2025.
As of 31 March 2026, the company reported a record total backlog of US$271 billion.
Not all AI “winners” will survive this cycle.
But a few companies already have the scale, cash flow, and edge to pull ahead. We highlight what to look for in our FREE volatile market report. Download it here.
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Disclosure: Royston Y. does not own shares in any of the companies mentioned. Charlyn T. owns shares in Walmart and Amazon.
