A great way to filter the stock market for investment ideas is to look for growth stocks that are breaking new 52-week highs.
Businesses that report growing revenue, profits, and cash flows will see their share prices rise as investors are willing to pay more to own a piece of them.
Trump’s tariffs may have introduced an element of uncertainty recently with the market reacting negatively, but strong businesses should have the tenacity to weather such events.
Here are four US growth stocks that recently touched their 52-week highs.
You should review their business, track records, and prospects to determine if you wish to add them to your buy watchlist.
Rollins (NYSE: ROL)
Rollins provides essential pest control services and protection against termite damage, rodents, and insects.
The company boasts more than 2.8 million customers and employs more than 20,000 staff.
Rollins’ share price recently hit its 52-week high of US$56.26 and is still up 10.7% despite the recent correction in the US market.
For 2024, the pest control company rose 10.3% year on year to US$3.4 billion.
Operating profit climbed 12.7% year on year to US$657.2 million while net profit increased by 7.2% year on year to US$466.4 million.
Free cash flow generation for 2024 was healthy, rising 17% year on year to US$580 million.
A quarterly dividend of US$0.165 was declared, 10% higher than the US$0.15 paid out a year ago.
Earlier this month, Rollins announced the acquisition of Saela Holdings LLC, a pest control company with over US$65 million in annual revenue.
Saela provides pest control services for both residential and commercial customers in nine states in the US.
The company expects 7% to 8% organic growth for 2025 with an additional 2% to 3% coming from acquisitions.
Republic Services (NYSE: RSG)
Republic Services is an environmental services leader providing customers with a complete set of products and services including recycling, solid waste, hazardous waste, and special waste.
Shares of the waste management company hit their 52-week high of US$249.73 recently and are still up 15.4% year-to-date despite their recent drop.
Republic Services reported a robust set of earnings for 2024 with revenue rising 7.1% year on year to US$16 billion.
Operating profit climbed 15% year on year to US$3.2 billion with net profit jumping 18% year on year to US$2 billion.
The company generated a positive free cash flow of US$2.1 billion for 2024, 4.7% above the US$1.99 billion churned out for 2023.
The business declared a quarterly dividend of US$0.58, 7.4% higher than the US$0.54 paid out in the prior year.
For 2025, Republic Services expects its revenue to post a 5.6% year-on-year increase to US$16.9 billion (mid-point of forecast).
Management believes there are ample opportunities for further growth with a large total addressable market of US$114 billion.
Chubb (NYSE: CB)
Chubb is an insurance company with operations in 54 countries and territories offering commercial and property insurance, personal accident, and life insurance to a diverse set of customers.
Shares of the insurer recently hit their 52-week high of US$306.91.
Chubb reported a commendable set of earnings for 2024 with gross premiums written rising 7.8% year on year to US$62 billion.
The company also enjoyed net investment income of US$5.9 billion, a 20.1% year-on-year jump over the previous year’s US$4.9 billion.
Net profit came in at US$9.3 billion, inching up 2.7% year on year.
Chubb paid out a quarterly dividend of US$0.91, higher than the previous year’s US$0.86.
Management believes there is room for further growth globally in Asia, Europe, and Latin America.
The company’s broad range of capabilities and breadth of products should stand it in good stead to capture more growth.
Monster Beverage (NASDAQ: MNST)
Monster Beverage is an energy drink manufacturer that owns and distributes energy drinks under brands such as Monster Energy, Predator, Java Monster, and Full Throttle.
The company’s share price recently hit its 52-week high of US$60.34 and is still up 9.2% year-to-date despite the recent correction.
For 2024, Monster Beverages reported a mixed set of earnings.
Revenue rose 4.9% year on year to US$7.5 billion but operating profit dipped by 1.2% year on year to US$1.9 billion.
Net profit fell by 7.5% year on year to US$1.51 billion because of lower finance income for the year.
Despite the lower profit, the company generated a healthy free cash flow of US$1.66 billion, 11.2% higher than a year ago.
Monster Beverages launched a number of new products in the first two months of this year and is exploring opportunities for the distribution of its alcohol products in certain countries.
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Disclosure: Royston Yang does not own shares in any of the companies mentioned.
Note: Share prices as of 7 April 2025