3 Growth Stocks to Watch Right Now, According to Alternative Data

By AltIndex Research · 10 min read · July 18, 5:41 pm

Everyone is hunting for the next great growth stock, and most screens stop at the financials. We went further, layering hiring velocity, web traffic, and audience growth on top of revenue, and found three stocks that deserve attention right now: POET Technologies, GE Vernova, and Redwire.

The next great growth stock rarely announces itself on an earnings call. It shows up earlier, in the signals a company gives off while it builds: a job board that suddenly doubles, web traffic climbing month after month, a social following growing while nobody on Wall Street is watching. We have seen this movie before, and the signals usually run months ahead of the headlines.

So beyond strong financials, that is what we hunt for: buy-range AI Scores, double-digit revenue growth, and real-world growth signals accelerating across hiring, traffic, and audience at the same time. Right now, three stocks are lighting up on all of it. One is a tiny chip designer trying to grow itself by 40%. One is a $278 billion power giant our data flagged before a 50% run. One is a space company hiring straight through a crash.

POET Technologies: 30 Open Roles at a 71-Person Company

POET Technologies designs photonic integrated circuits, the optical components that move data between chips inside AI data centers. Revenue grew 201.9% year over year last quarter, but the base is still measured in hundreds of thousands of dollars, and the company lost $42.7 million in its most recent reported quarter. POET is a bet on future scale, not present earnings, which is exactly why the hiring data matters so much here.

That hiring data just broke out. POET averaged roughly two active job postings per week from January through mid-June. This week the average hit 29.9, up 254.5% week over week and 766.7% month over month. A 71-person company advertising roughly 30 open roles is signaling a 40% expansion of itself. LinkedIn headcount already grew from 61 to 71 since February, and monthly web traffic climbed from 51,703 visits in February to 89,802 in June, up 73.7%.

The market is looking the other way. POET spiked to $20.57 in mid-May, gave the entire move back, and now trades at $7.39, down 11% over six months. Every analyst covering the stock rates it a buy, and the next catalyst is on the calendar: earnings land August 9. The AI Score sits at 64, in buy range, after touching 72 in late June.

GE Vernova: The Score Turned at $725. The Stock Is at $1,058.

GE Vernova builds the turbines, grid equipment, and electrification systems behind the AI power buildout, and it is the one name in this screen where the market has already caught on. The stock is up 55.4% over the past six months. The reason it still belongs on this list is timing, because the same signals that called this move are flashing again ahead of a hard catalyst: GE Vernova reports second quarter earnings this Wednesday, July 22, and its AI Score just climbed back into buy range at 68.

The pattern from earlier this year is worth studying. Our AI Score sat at 46.5 in mid-January, hold territory, then crossed 60 in the first week of February with the stock around $725. The price followed for three straight months. Congress noticed early too: our congressional trading tracker logged three separate purchases in January and February, including a $33,000 buy on January 30, right before the February breakout.

The fundamentals back the score. Last quarter GE Vernova earned $2.01 per share against a $1.67 estimate, with revenue of $9.3 billion, up 16% year over year. LinkedIn headcount grew by 5,592 people since February to 69,519, up 8.7%, and weekly job postings are up roughly a third since mid-January, though they have cooled from their early-July peak. Even the Instagram audience grew 45.4% to 35,681, unusual momentum for a company that sells gas turbines.

Redwire: The Highest Score in the Screen Belongs to a Stock Down 28%

Redwire builds space infrastructure: solar arrays, sensors, and components for satellites and stations. It grew revenue 57.9% year over year last quarter, carries the highest AI Score of any stock in this screen at 75, and trades 28% below where it started the year after a brutal round trip from $25.90 in late May to $8.45 today.

Two forces collided in that chart. The selling pressure has a name: AE Industrial Partners, Redwire's private equity sponsor, sold roughly 38.7 million shares between late April and mid-June at prices from $10.57 to $21.48, per our insider transactions tracker. The company is also still unprofitable, with losses in every recent reported quarter. That is the bear case, and it is real.

The operating data is the other force. Weekly job postings grew from 46 in mid-January to 102 this week, more than doubling, and after a summer lull they re-accelerated 20.5% month over month. LinkedIn headcount grew from 1,159 to 1,230, the Instagram audience grew 27.4%, and the AI Score climbed to 74 last week, its highest reading since the crash. Every operating signal we track is higher than it was in January, and only the share price is lower. Earnings on August 4 will show whether the operating data or the exiting sponsor was the better guide.

The Bottom Line

None of these setups is free money. POET is a pre-scale company whose stock round-tripped a 150% spike in eight weeks, Redwire pairs its hiring surge with real losses and a sponsor that just sold 38.7 million shares, and GE Vernova has already re-rated 55% with an earnings print four days away. The data case for each is strong. The volatility case is too.

What the three share is the pattern we look for everywhere: companies expanding on the ground faster than their stock charts admit. GE Vernova shows how that pattern resolves when it works. POET and Redwire are the live experiments, and their postings series will answer the question week by week. This screen refreshes daily, so for whoever is on the list right now, check our best growth stocks page.

Disclosure: This article is for informational purposes only and does not constitute investment advice. AltIndex aggregates publicly available alternative data signals. Past signal performance does not guarantee future results. Always do your own due diligence before making investment decisions.