3 Best Growth Stocks to Buy This Week, According to Analysts

Growth stocks continue to lead the market as investors look for companies with strong demand and expanding margins. This week, three stocks stand out – Waystar (WAY), Freshpet (FRPT), and Bilibili (BILI). Each name is getting a boost from strong long-term trends and improving fundamentals, which analysts believe could help drive over 50% upside in the next 12 months.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks One way to identify these stocks is through their past revenue or earnings growth. Today, we have shortlisted stocks whose revenue has grown at a five-year CAGR of more than 5%. Along with this, we have zeroed in on stocks that have received a "Strong Buy" rating from Wall Street analysts. Waystar Holdings (WAY) Waystar is gaining attention as digital health payments continue to grow. The company makes software that helps hospitals and clinics handle billing, claims, and patient payments. Waystar's steady subscription revenue, strong customer loyalty, and rising need for automation make it a solid growth story. It must be noted that the company's revenue has grown at a five-year CAGR of 13.7%. Importantly, TipRanks AI Analyst expects WAY's revenue to grow by 18.61%, compared with the Technology sector's average of 8.5%. Overall, WAY stock has a Strong Buy consensus rating based on 15 Buys and one Hold assigned in the last three months. At $34.21, the average Waystar stock price target implies a 73.85% upside potential.