8 Growth Stocks to Watch This Month — Will They Beat Market Uncertainty?

Mid-way through 2025, markets remain anything but predictable. As they continue to experience volatility, investors are constantly looking for opportunities that could offer strong returns despite the uncertainty. Growth stocks, known for their potential to deliver high capital gains, remain a popular choice. However, with the economy shifting and geopolitical concerns looming, how can investors identify the growth stocks that have the potential to outperform the market in these challenging times? We’ve gathered a list of eight growth stocks that are generating buzz this month. Let’s dive into why these shares could be worth keeping an eye on.

 

What Are Growth Stocks?

Growth stocks are shares in companies expected to grow at an above-average rate compared with other companies in the market. These companies reinvest most of their profits into expanding operations, research and development rather than paying dividends. Typically, these stocks carry a higher risk but also offer greater potential for return as the companies expand and increase in value.

In today’s market, the importance of identifying high-growth potential is amplified, as the global economy faces uncertainty in the form of inflation concerns, interest-rate fluctuations and geopolitical tensions. Despite this, certain stocks are positioned well for growth.

 

Xero (ASX: XRO)

Xero continues to dominate the cloud-accounting and small-business SaaS sector in Australia, New Zealand and the UK. Its FY 2025 results highlighted a 23 per cent rise in revenue to NZ$2.1 billion, driven by a growing customer base and improving average revenue per user (ARPU). Xero’s stock has surged nearly 48 per cent over the past year, with an 8 per cent increase in the last month alone, reflecting bullish investor sentiment.

The company’s Rule-of-40 score, combining revenue growth and profitability, stands near 44 per cent, a key benchmark for high-performing SaaS businesses. Its strategic focus on expanding into North America and building automation within its platform further enhances its long-term scalability. With a high customer-retention rate and consistent margin improvement, Xero is one of the most dependable growth stocks on the ASX right now.

 

NextDC Limited (ASX: NXT)

NextDC, Australia’s leading data-centre operator, is capitalising on rising demand for cloud services, AI infrastructure and enterprise data solutions. For 1H FY 2025, net revenue rose 13 per cent year-on-year to A$167.8 million, while total revenue slipped 2 per cent because of lower power-pass-through income; management nonetheless reaffirmed full-year guidance. Its expanding network of Tier III and Tier IV data centres across major Australian cities positions it well to support growing data needs from global cloud providers and enterprise clients.

NextDC is also investing heavily in renewable energy and sustainability initiatives, aligning with ESG trends. Analysts forecast double-digit EBITDA growth over the next three years, with a robust project pipeline that includes the S4 Sydney and M3 Melbourne facilities. As digital infrastructure becomes essential, NextDC remains one of the ASX’s most reliable and scalable growth stocks.

 

CSL Limited (ASX: CSL)

CSL remains one of Australia’s most respected biopharmaceutical firms, known for its plasma therapies, vaccines and innovations in gene and cell therapies. In FY 2025, CSL forecast NPATA growth between 10 and 13 per cent, alongside a projected 5–7 per cent revenue rise. These figures reflect the company’s solid expansion strategy and ongoing investment in R&D, which now consumes a substantial portion of its budget.

Its share price faced downward pressure in 2025. CSL’s acquisition of Vifor Pharma and continued pipeline development position it for substantial future growth, particularly in rare-disease and kidney-treatment markets. Despite near-term headwinds, CSL retains its place as a defensive yet innovative growth stock.

 

Altium (ASX: ALU)

Altium, a leader in electronic-design-automation (EDA) software, has seen its recurring revenue rise to 65 per cent of total revenue, reflecting the company’s strong shift toward SaaS models. With annual recurring revenue growing at a remarkable 29 per cent, Altium is capitalising on industry trends such as smart devices, IoT and autonomous technology. Its core product, Altium Designer, continues to gain global market share among engineers and developers.

Although its share price has remained flat recently, the company is viewed favourably by analysts, with many forecasting up to 30 per cent upside by year-end. Strong cash flows, operational leverage and rising global demand for PCB-design tools reaffirm Altium’s position as a resilient and highly scalable growth company.

 

WiseTech Global (ASX: WTC)

WiseTech Global is one of the ASX’s most consistent technology growth performers. Known for its flagship logistics-software platform CargoWise, the company recently made headlines by acquiring e2open in a US$2.1 billion deal, boosting its foothold in the United States and reinforcing its global expansion strategy. The stock rallied 4.7 per cent following the news, supported by a strong track record of double-digit EPS growth (23 per cent CAGR over five years).

WiseTech’s revenues have also grown consistently, backed by its “acquire and integrate” model, which focuses on strategic bolt-on acquisitions. Despite a high valuation with a trailing P/E ratio estimated above 100, its long-term EPS growth supports its premium pricing. WiseTech is a textbook growth stock, with an aggressive global footprint and a compelling innovation pipeline.

 

Macquarie Group (ASX: MQG)

Macquarie Group, Australia’s largest investment bank and asset manager, has once again delivered solid results in FY 2025. With 66 per cent of income derived from international operations, Macquarie benefits from diversified exposure to global infrastructure, green energy, commodities and alternative assets. Unlike traditional banks, Macquarie’s flexible business model allows it to pivot rapidly based on macro trends, making it more adaptive and growth-aligned.

Its strategic investments in clean energy and digital infrastructure, combined with solid returns on equity, position it as a financial institution with strong growth characteristics. Although it is not a pure-play tech company, Macquarie’s earnings resilience and innovation-led expansion validate its spot among Australia’s leading growth-oriented financial stocks.

 

Bendigo and Adelaide Bank (ASX: BEN)

Bendigo and Adelaide Bank has been gaining attention for its aggressive digital-transformation efforts, particularly with the integration of Up, its mobile-only banking platform aimed at younger customers. The bank has reported above-industry-average growth in customer acquisition and mortgage lending, with its half-year FY 2025 cash earnings declining 1.1 per cent year-on-year to A$265.2 million, although it noted strong growth in digital customer acquisition.

While its core operations remain in traditional banking, the digital pivot—combined with improved cost-to-income ratios—suggests a gradual evolution towards a more agile, tech-driven financial institution. Nonetheless, BEN lacks the high revenue and EPS growth rates typical of pure growth stocks and should be viewed as a growth/value hybrid with strong momentum in digital banking.

 

Cochlear Limited (ASX: COH)

Cochlear, the world leader in hearing implants, has maintained its growth trajectory through continuous innovation and international expansion. Although FY 2025 guidance was slightly revised downward due to currency impacts and operational delays, the company still projects implant sales to grow by about 10 per cent this year. It has invested nearly A$3 billion into R&D over the past few years, reinforcing its long-term focus on technological leadership.

With an ageing global population and increased healthcare spending, demand for Cochlear’s products remains robust. The company’s growth is more organic than explosive, but its high barriers to entry, strong brand loyalty and consistent product upgrades make it a steady med-tech growth play.

 

How to Identify the Right Growth Stocks in Uncertain Times

In today’s uncertain market, selecting the right growth stocks can be challenging. Here are some factors to consider when evaluating a stock’s growth potential:

• Strong Market Position: A company that dominates its sector is more likely to weather market volatility and continue to grow.
• Innovation and Scalability: Companies that invest in innovation and can scale quickly are often the best bets for long-term growth.
• Solid Financials: A company with a strong balance sheet and healthy cash flow can better withstand economic downturns.
• Global Expansion Potential: Companies with opportunities for international growth are often better equipped to navigate domestic economic fluctuations.
• Industry Trends: Consider the long-term trends in the industry. Companies positioned within growing sectors such as technology, healthcare and clean energy tend to offer strong growth prospects.

 

Final Thoughts: Growth Stocks in 2025

While the global market remains unpredictable, growth stocks offer investors the chance to benefit from innovation and industry trends that can drive long-term value. The 8 growth stocks listed above have strong growth prospects despite market uncertainty. By investing in companies with solid financials, market-leading products and room to expand internationally, investors can position themselves to take advantage of potential growth, even in challenging times.

As always, we recommend conducting thorough research and consulting with financial experts before making any investment decisions. Keep an eye on market trends and evaluate each stock’s potential in line with your risk tolerance and investment strategy.

 

What are the Best ASX stocks to invest in right now?

Check our buy/sell tips:

FAQs

• What is the best growth stock to buy right now?

  There is no definitive answer, as the best growth stock depends on individual risk tolerance and investment goals. However, companies like CSL, Xero and WiseTech Global have strong growth potential in their respective industries.

• How do growth stocks differ from value stocks?

  Growth stocks focus on high capital appreciation with a reinvestment strategy, whereas value stocks are typically undervalued and may offer dividend income, focusing on stability over growth.

• Can growth stocks beat market volatility?

  While growth stocks have high growth potential, they can also be more volatile. It is important to assess the risk versus reward for your portfolio and choose stocks accordingly.

• How should I invest in growth stocks during uncertain times?

  Diversify your portfolio to balance the risk of growth stocks with more stable investments. Focus on companies with strong market positions and innovation strategies to mitigate risk.