The US market is a fertile hunting ground for solid growth stocks.
When held over the long term, these companies can help to grow the value of your portfolio steadily through capital appreciation.
To filter these stocks out, it’s essential to look for companies that demonstrate a robust growth track record and possess catalysts that can take their business to the next level.
We shine the spotlight on four growth stocks that you can consider adding to your growth buy watchlist.
Sharkninja (NYSE: SN)
SharkNinja is a global product design and technology company with a diversified portfolio of lifestyle inventions that help to better people’s lives.
The company has two well-known brands, Shark and Ninja, and has more than 5,200 patents across 36 product sub-categories.
SharkNinja reported a steady set of results for the first quarter of 2025 (1Q 2025).
Sales rose 14.7% year on year to US$1.2 billion, but operating profit dipped by 6.5% year on year to US$144.9 million because of higher sales and marketing expenses.
Net profit, however, climbed 7.5% year on year to US$117.8 million.
The company believes that it has a deep competitive moat because of its focus on four key areas: disruptive innovation, a global supply chain, 360-degree marketing, and omnichannel distribution.
Management communicated its three-pillar growth strategy to drive sustainable long-term growth.
The first is to grow its share in existing categories by leveraging its track record of bringing innovative products to market.
Sharkninja delivered new products such as Ninja Crispi, a first-of-its-kind portable cooking system, that showcases innovation within its existing categories.
The second pillar is to enter adjacent and new categories to grow its total addressable market.
New sub-categories were introduced last year in product areas such as coolers, skincare, and indoor-outdoor fans.
The last pillar is international expansion beyond the 35 markets that the company is already in.
UiPath (NYSE: PATH)
UiPath provides agentic automation by making use of AI agents to execute and optimise complex business processes.
Its platform allows customers to scale their agentic automation efficiently to allow AI to deliver its full potential.
UiPath reported steady growth for the first quarter of fiscal 2026 (1Q FY2026) ending 30 April 2025.
Revenue rose 6.4% year on year to US$356.6 million while gross profit inched up 4.6% year on year to US$292.8 million.
Gross margin, however, dipped slightly from 83.5% a year ago to 82.1%, but remained high.
The business churned out a positive free cash flow of US$106.2 million for the quarter, up 7.5% year on year.
The number of large customers has also risen this quarter.
Customers with more than US$100,000 in annual recurring revenue (ARR) increased by 13% year on year to 2,365.
Customers with ARR exceeding US$1 million rose 9.7% year on year to 316.
UiPath is also collaborating with other companies to improve its capabilities.
Back in May, the company partnered with Microsoft’s (NASDAQ: MSFT) Copilot Studio agents, allowing customers to automate complex end-to-end processes.
UiPath also partnered with HCL Technologies (NSE: HCLTECH) to accelerate agentic automation for UiPath customers globally across industries.
Sonic Automotive (NYSE: SAH)
Sonic Automotive is one of the US’s largest automotive retailers and has franchised dealerships representing over 25 different vehicle brands.
For 1Q 2025, Sonic Automotive saw total revenue increase 8% year on year to US$3.65 billion, led by a 14% year-on-year increase in new vehicle sales.
Operating profit jumped 36% year on year to US$145 million while net profit surged 68% year on year to US$70.6 million.
A quarterly dividend of US$0.35 was declared, a 17% year-on-year improvement over the previous year’s US$0.30.
For the quarter, the company generated a positive free cash flow of US$150.8 million, significantly higher than the US$26.3 million churned out a year ago.
Back in December 2024, Sonic Automotive acquired Audi New Orleans, adding yet one more brand and region to its burgeoning portfolio of car brands.
Management is focused on growing its volumes and profitability and gaining market share in franchised dealerships and powersports segments.
CFO Heath Byrd is optimistic about opportunities to strategically deploy capital to grow the company’s revenue base and enhance shareholder returns.
Tapestry (NYSE: TPR)
Tapestry sells a variety of luxury goods under famous brands Coach, Kate Spade New York, and Stuart Weitzman.
For the first nine months of fiscal 2025 (9M FY2025) ending 29 March 2025, Tapestry reported a solid set of earnings.
Revenue rose 4.1% year on year to US$5.3 billion while operating profit climbed 10.3% year on year to US$998.5 million.
Net profit increased by 6.6% year on year to US$700.3 million.
The business generated positive free cash flow of US$682.4 million for 9M FY2025.
Tapestry paid out a quarterly dividend of US$0.35 per share.
The company continued to advance on its strategic priorities by acquiring over 1.2 million new customers in the US, with two-thirds driven by Gen Z and Millennial consumers.
The business also increased direct-to-consumer revenue by 9% on a constant currency basis as part of its goal of delivering omnichannel experiences.
Tapestry also introduced a US$2 billion share repurchase programme and, coupled with its previous mandate, has a total mandate to buy back US$2.8 billion worth of shares.
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Disclosure: Royston Yang does not own shares in any of the companies mentioned.
