If you're tracking growth in the technology sector, this week brought some eye-popping numbers. Four companies just posted substantial jumps in their growth scores, signaling improving fundamentals that could make them worth watching.
Taiwan Semiconductor Dominates With 291% Growth Score Surge
Leading the pack is Taiwan Semiconductor Inc. (TSM), the world's largest chip foundry with a market cap of $1,462.7 billion and commanding market share in the mid-60s. The company's growth score rocketed from 21.86 to an impressive 85.46, a 291% leap that pushed its overall Edge score to 76.39.
The stock was trading at $282.01 on Tuesday, up 0.2%, sitting below its 50-day moving average of $286.61 but still comfortably above the 200-day moving average of $223.47. Technical indicators show an RSI of 38.8 (neutral territory) while the MACD signals bearish momentum. Despite the mixed technicals, those fundamental improvements tell an interesting story.
SkyWater Technology Climbs 169%
SkyWater Technology Inc. (SKYT), a U.S.-based semiconductor manufacturer, saw its growth score jump 169% from 31.41 to 84.38. The company carries an $805.7 million market cap and has earned a strong overall Edge score of 80.28.
Trading at $16.61 on Tuesday (down 3.4%), the stock remains above both its 50-day moving average of $16.60 and 200-day moving average of $11.02. The RSI sits at 44.5 (neutral) with the MACD showing bearish momentum. Still, those fundamental gains suggest something positive is happening beneath the surface.
Cellebrite Posts 102% Growth Score Increase
Israeli digital intelligence company Cellebrite DI Inc. (CLBT) saw its growth score climb 102% this week, moving from 48.46 to 98.07. With a market cap of $4.4 billion and an overall Edge score of 75.30, the company's fundamentals look solid.
The stock was trading at $18.17 on Tuesday, down 0.9%, but positioned above its 50-day moving average of $17.85 and 200-day moving average of $17.58. Unlike the first two companies, Cellebrite's MACD signals bullish momentum, while its RSI of 54.9 indicates neutral conditions.
Intellicheck Rounds Out the List With 132% Jump
Intellicheck Inc. (IDN), which specializes in technology solutions for preventing identity theft and fraud, posted a 132% increase in its growth score, rising from 33.84 to 78.48. The $125.1 million market cap company has an overall Edge score of 58.39 (suggesting mixed fundamentals), but its momentum score of 95.77 is particularly impressive.
The stock was trading at $6.19 on Tuesday, up 5.5%, and sitting well above both its 50-day moving average of $5.04 and 200-day moving average of $4.22. The RSI reads 66.7 (neutral) with bullish MACD momentum backing the positive price action.
What It Means
These four technology companies are showing significant improvement in their growth metrics, which matters for investors looking at the sector's fundamental health. Whether it's semiconductor manufacturing or digital intelligence platforms, the improving scores suggest these businesses are executing well in an increasingly digital economy.
Price Action: At the time of writing, Taiwan Semiconductor shares were trading 2.62% lower at $274.71, SkyWater stock was trading 6.50% lower at $15.53, Cellebrite shares were trading 0.79% lower at $18.03, and Intellicheck shares were trading 2.50% lower at $6.03.