To use a baseball analogy, high-growth stocks to buy is the equivalent of going up to the plate to do some damage. It’s the exact opposite of laying down a bunt to bring a runner home.

For sure, there are situations that arise where playing smart trumps everything else. When you’re down by a run and you have someone on third base, the objective at the plate is to do whatever possible to bring that run home. In other circumstances, you’re so far behind that you need a big inning just to play catchup.

Of course, when you chase the game, there’s a higher tendency of things going wrong. At the same time, you just never know what might happen next. If you feel like throwing caution to the wind, these are the high-growth stocks to buy.

Globant (GLOB)

Based in Luxembourg, Globant (NYSE:GLOB) falls under the information technology (IT) services sector. Per its public profile, the company with its subsidiaries provides technology services worldwide. They include digital solutions for the blockchain, cloud computing, cybersecurity, big data and artificial intelligence. As well, it brings relevancies to the table regarding digital experiences and even the Internet of Things.

Looking at its recent earnings history, the company does enough on the bottom line. Its average positive earnings surprise – or the magnitude by which its earnings per share exceeds analysts’ projections – comes in at a modest 0.5%. Over the trailing 12 months, Globant’s net income stands at $167.18 million. During the same period, revenue landed at $2.19 billion.

Enticingly, Globant’s quarterly revenue growth (year-over-year) presently clocks in at 20.9%. For fiscal 2024, covering experts anticipate EPS of $6.40 on sales of $2.43 billion. Last year, the results came in at $5.47 EPS with a top line of $2.1 billion. Thanks to its broad tech relevancies, GLOB ranks among the high-growth stocks to buy.

Nextracker (NXT)

Headquartered in Fremont, California, Nextracker (NASDAQ:NXT) also falls under the broad tech umbrella. Here, the business focuses on the solar industry. Per its corporate profile, Nextracker provides solar tracker and software solutions for utility-scale and ground-mounted distributed generation solar projects worldwide. With the underlying innovation, the enterprise enables solar panels to face the sun, enabling maximum efficiency.

What makes Nextracker compelling from an investment standpoint is that the company has been killing it in terms of beating analysts’ earnings targets. Between the second quarter of 2023 to Q1 2024, the average positive earnings surprise landed at 67.3%. During the TTM period, net income reached $306.24 million on revenue of $2.5 billion. Notably, quarterly sales growth stands at 42.1%.

For the current fiscal year, experts believe EPS will hit $3.06 on sales of $2.86 billion. While that’s even with last year’s EPS, the top line is projected to experience growth of 14.5%. Not only that, the next year’s revenue could reach $3.21 billion, implying 12.1% expansion. If you believe in the business, it’s one of the high-growth stocks to buy.

Workiva (WK)

Hailing from Ames, Iowa, Workiva (NYSE:WK) represents another tech player. Falling under the software application industry, Workiva along with its subsidiaries provides cloud-based reporting solutions in the U.S. and international markets. The company offers its namesake platform, which is a multi-tenant cloud software that provides data-linking capabilities. It also facilitates audit trail services and access management solutions.

To be fair, Workiva in Q3 2023 posted a stinker of an earnings result. Rather than the expected EPS of four cents, it delivered a 65-cent loss. However, the other quarters were standouts, including the most recent Q1 report. At the time, Workiva posted an EPS of 22 cents against a consensus view of 16 cents. In the TTM period, the enterprise incurred a $93.06 million net loss on revenue of $655.52 million.

For fiscal 2024, analysts believe EPS will reach $1 flat. That’s a big step up from last year’s loss of 42 cents. However, the spotlight may be on the top line, with experts hoping for $721.28 million. If so, that would be up 14.5% from 2023’s haul of $630.04 million. WK’s an intriguing idea for high-growth stocks to buy.

Freshworks (FRSH)

Headquartered in San Mateo, California, Freshworks (NASDAQ:FRSH) also operates in the software application sector. Focusing on the development side of the story, Freshworks provides products under a Software as a Service (SaaS) framework. Its mainline product is Freshworks Customer Service Suite, which provides automated, personalized self-service on various channels. These include web, chat, mobile messaging, email and social media.

Financially, Freshworks represents a stout player among high-growth stocks to buy. From the past four quarters since Q1 2024, the company’s average positive earnings surprise clocked in at an impressive 98.75%. Experts just keep doubting the enterprise apparently. On a TTM basis, though, the software specialist posted a net loss of $118.1 million on revenue of $623.88 million.

Mitigating concerns is that quarterly revenue growth currently stands at 19.9%. Analysts anticipate that by the end of this fiscal year, EPS will reach 33 cents on revenue of $699.87 million. Last year, the  company posted EPS of 26 cents on sales of $596.43 million. For fiscal 2025, the top line could expand to a robust $821.47 million.

Gitlab (GTLB)

Based in San Francisco, California, Gitlab (NASDAQ:GTLB) specializes in the software infrastructure arena. Through its subsidiaries, Gitlab develops programs for the software development lifecycle in the U.S., Europe and Asia Pacific. Its namesake DevOps platform represents a single application that leads to faster cycle time and allows visibility throughout and control over multiple stages of the development process.

It has been consistently exceeding expectations. For example, in the last fiscal year, Gitlab posted an average quarterly surprise of 319.48%. Its most impressive performance occurred in fiscal Q3, when it posted EPS of 9 cents. Covering experts projected a loss per share of 1 cent. Overall, on a TTM basis, the software company incurred a net loss of $424.17 million on sales of $579.91 million.

Presently, quarterly revenue stands at 33.3%. Looking out to the end of this fiscal year, analysts forecast EPS to hit 22 cents on revenue of $731.68 million. Last year, the results were EPS of 20 cents on sales of $579.91 million. Moreover, for the end of next year, the top line could expand dramatically to $914.79 million. Thus, GTLB is one of the high-growth stocks to buy.

Bill.com (BILL)

Headquartered in San Jose, California, Bill.com (NYSE:BILL) operates in software applications. Per its corporate profile, Bill provides financial automation software for small and mid-sized businesses worldwide. Its products cover solutions for SaaS enterprises, cloud-based payments and expenditure management. One of the advantages of the system is that it enables ease of use for companies hiring independent contractors (i.e. gig workers).

Given the forecasts for the gig economy, BILL ranks among the high-growth stocks to buy. Regarding its recent earnings history, the company incurred a bum note during Q3 2023. That’s when it posted EPS of 44 cents against a target of 50 cents. Overall, though, the past four quarters since Q1 has seen an average surprise of 18.15%.

Over the TTM period, Bill incurred a net loss of $52.34 million on sales of $1.24 billion. Currently, its quarterly revenue growth stands at 18.5%. For fiscal 2024, analysts believe that EPS will reach $2.05 on revenue of $1.27 billion. Last year, results sat at $1.65 EPS with a top line of $1.06 billion.

Duolingo (DUOL)

Hailing from Pittsburgh, Pennsylvania, Duolingo (NASDAQ:DUOL) is another rising name in the software application field. Per its public profile, Duolingo operates as a mobile learning platform. It has become increasingly popular, offering courses in multiple languages, both common and less common. Given the rising trend of globalization, it’s never been more important to pick up another language. Duolingo can help.

Perhaps not surprisingly, the company has been killing it in terms of beating quarterly expectations. In the past four quarters since Q1, the average surprise clocks in at 115.15%. Notably, over the past 12 months, Duolingo’s net income landed at $45.6 million. In the same period, revenue reached $583 million. Enticingly, the current quarterly revenue growth rate stands at 44.9%.

For fiscal 2024, experts believe that EPS will fly up to $1.59 on sales of $732.91 million. That’s a massive leap from last year’s results of 35 cents on sales of $531.11 million. Further, in fiscal 2025, EPS could improve again to $2.35 with a top line of $933.08 million. It’s one of the high-growth stocks to buy.

On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.