There are some stocks making notable gains this year, and it seems likely they’ll keep rising.
The index is hitting an all-time high, which is promising for shareholders. A bull market typically encourages more buying as these record levels can boost investor confidence.
However, one downside of a bull market is that it often leaves investors struggling to find good deals. Fortunately, those focused on value can still uncover reasonably priced stocks in today’s environment. Keeping this in mind, it’s worth exploring these three growth stocks before jumping into the market’s more volatile options.
1. AMD
Advanced Micro Devices (AMD) might not look like a standout at first. Sure, it trails behind Nvidia in the AI accelerator space, and its P/E ratio of 87 might raise some eyebrows. But when you consider the forward P/E ratio of 39, it starts to look more attractive. There’s more to the story than just figures.
AMD operates across four different segments, each cycling through various phases. While its gaming and embedded sectors have faced hurdles in the past, they’ve recently shown significant improvement. In fact, gaming was AMD’s fastest-growing area in the second quarter of 2025, with embedded revenue declines now narrowed to just 3%. Overall, second-quarter revenue growth reached 32%, making those lower forward revenue multiples seem more reasonable.
On the AI front, the anticipation surrounding the MI400 release has investors questioning Nvidia’s ability to keep pace. With an estimated combined annual growth rate (CAGR) of 29% projected through 2030, it could be quite significant.
To sum up, AMD stocks are up over 25% this year. If these positive trends continue, we might see stock prices rise in tandem with financial metrics.
2. Sea Limited
Sea Limited, a technology conglomerate based in Singapore and operating primarily in Southeast Asia, is off the radar for most American investors.
But the company is making strides in the region’s e-commerce landscape, with its Shopee segment leading the charge. They’re also investing heavily in logistics, aiming to create a competitive edge.
In addition to e-commerce, Sea Limited ventures into fintech, enhancing both Shopee and its financial services. Notably, it began as a gaming company, Garena, which is known for the highly popular mobile game, Free Fire, the most downloaded game in 2024 based on daily active users.
In the wake of the pandemic, the company struggled initially, especially with games and attempts to expand e-commerce beyond its core regions. But it has since pulled back on some unsuccessful ventures and is revitalizing its gaming growth.
Currently, all three segments are thriving. There’s a 38% revenue increase in the second quarter, and the stock has grown 80% since January. With a forward revenue ratio of 49x, it might still be a good time to consider buying Sea Limited shares as it gains momentum.
3. Uber
Uber Technologies, a leader in the ride-sharing business, is also experiencing upward momentum.
While it trails behind DoorDash in the U.S. delivery market, Uber dominates globally. Additionally, its mobility segment is thriving, which fuels rapid growth.
Uber stands to benefit from trends in mobility, particularly with partnerships with autonomous driving companies like Alphabet’s Waymo and General Motors’ Cruise. If successful, this could significantly boost growth for both Uber and its stock.
In the second quarter of 2025, Uber reported $12.7 billion in revenue, an 18% increase from the previous year, mainly driven by growth in monthly active platform users, which climbed from 156 million to 180 million. As a result, stock prices have jumped more than 55% since the start of the year.
While the stock currently trades at about 16 times revenue, that number is somewhat inflated due to one-off fees. Excluding those, the forward P/E ratio stands at 26, suggesting the stock is reasonably priced. As Uber’s mobility and delivery revenues continue to climb, we might see its shares becoming more valuable, making it appealing for potential investors.
