3 Under-the-Radar Growth Stocks to Buy Now We've put together a list of 3 under-the-radar growth stocks to buy now so that you can gain some valuable insight about the names that could become huge winners in the coming months and years.

By Sean Sechler

This story originally appeared on MarketBeat

Depositphotos.com contributor/Depositphotos.com via MarketBeat

While it's always good to stay up to date on the high-flying stocks that get a lot of recognition in the financial media and among investors, taking some time to discover new names should also be a priority. That way, you allow yourself the opportunity to add exposure to growth stocks that could become huge winners before they gain widespread exposure. Some of the best ways to judge whether or not a lesser-known company could be poised for big things is to look for increasing volume that might signify institutional buying, strong earnings growth, and unique business models.

There are quite a few lesser-known growth stocks that stand out at this time. We've put together a list of 3 under-the-radar growth stocks to buy now so that you can gain some valuable insight about the names that could become huge winners in the coming months and years.

PubMatic (NASDAQ:PUBM)

First on our list is PubMatic, a company that has created a unique software platform with the potential to change the way that publishers handle internet advertising. We know how important digital advertising is in the modern age, and with more people going online to shop, consume content, and connect with people around the world, a company like Pubmatic has a lot of room to grow. PubMatic has developed a specialized cloud infrastructure platform that leverages design, machine learning, and data processing capabilities to help publishers monetize their content.

What's great about PubMatic's business model is that it can help to boost revenue for both internet content creators and advertisers. Its omnichannel platform supports tons of different advertisement formats and devices, including mobile apps, mobile Web, desktop, display, video, over-the-top/connected television, and rich media. PubMatic completed its IPO in December of 2020 and recently reported that its 2020 revenue came in at $148.7 million, up 31% year-over-year.

SelectQuote Inc (NYSE:SLQT)

Next, we have SelectQuote Inc, another intriguing growth stock that could become a household name soon. SelectQuote offers a direct-to-consumer distribution platform the helps customers shop for senior health, life, and auto and home insurance policies from various insurance carriers. The company's platform features proprietary technology that essentially matches insurance buyers with carriers to help them get the best possible prices on their policies.

SelectQuote earns commissions from the insurance carriers every time a shopper buys a policy using its platform. The company estimates that there is a $30 billion market for Senior insurance, and since this company offers things like convenience, transparency, and diverse product offerings, there's reason to believe that it will continue to take advantage of the massive market opportunity. In Q2, the company reported revenue of $358.3 million, up 103% year-over-year, and saw its Adjusted EBIDTA figure increase 88% year-over-year to reach $129.5 million. SelectQuote went public back in May 2020 and recently broke its IPO high price, which is another reason to keep an eye on this one for exposure to this under-the-radar growth stock.

ZIM Integrated Shipping Services Ltd (NYSE:ZIM)

Last on our list of under-the-radar growth stocks to buy now is ZIM Integrated Shipping Services Ltd, an Israel-based company that offers cargo transportation services on all major global trade routes. The company also offers multi-model, cargo handling, tariff management, schedule information, and other related services. Shipping companies have been strong during the pandemic as online ordering drove demand for deliveries all over the world. That makes ZIM more than worth a look given it's a newer entrant in the shipping industry.

ZIM went public back in January and is up over 115% since its debut. It's a shipping company that is classified as an "asset-light" transporter, which means it only owns one ship and charters other vessels. The company specializes in niche routes and has a reputation as a top industry performer with high schedule reliability and service quality. ZIM reported a record full-year net income of $524 million in 2020 and saw its revenues reach $1.36 billion in Q4, a year-over-year increase of 64%. With global trade flourishing and shipping demand expected to remain strong throughout the year, this is a growth stock that is well worth a look at this time.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

Mark Zuckerberg's Meta Keeps Suspending Mark Zuckerberg, Esq., From Facebook — and Now He's Suing

Mark Zuckerberg, an attorney in Indianapolis, Indiana, says Meta keeps shutting down his paid business pages.

Starting a Business

I Sold My Company to Snapchat for $54 Million — These 5 Takeaways Still Guide Me Today

Building something people genuinely want and proving demand with real traction before chasing investors is what attracts the right buyers.

Leadership

I Blew an Audition with Robert De Niro — But the Surprising Lesson Now Helps Me Crush Every High-Stakes Moment

A failed audition with Robert De Niro became the wake-up call that taught me how to own the room — and how you can too.

Productivity

You Can't Beat Procrastination With Time Management or Productivity Hacks. Here's What Actually Works.

Procrastination isn't about time — it's about emotion. Here's how to work with your brain to navigate emotions and overcome procrastination.