We recently compiled a list of the 13 Best Aggressive Growth Stocks to Buy Now. In this article, we are going to take a look at where PDD Holdings Inc. (NASDAQ:PDD) stands against the other aggressive growth stocks.

US stocks delivered a positive performance on Wednesday, April 23, after President Trump pointed out that he does not intend to fire Federal Reserve Chair Jerome Powell. This statement helped ease Wall Street’s fears about the independence of the central bank. Additionally, Trump softened his tone on tariffs and hinted that the high duties on Chinese imports could be scaled back in the future.

READ ALSO: 14 Best American Tech Stocks To Buy Now and 10 Best Electronic Components Stocks to Buy Now.

The Nasdaq led the gains as it increased by 2.5%. The S&P 500 rose nearly 1.7%, and the Dow Jones Industrial Average increased about 1.1%, or 400 points. Earlier in the day, the Nasdaq was up over 4% at one point and the Dow had added about 1,100 points. However, these gains faded after Treasury Secretary Scott Bessent told reporters there has been “no unilateral offer from the president to deescalate” the trade war with China.

Despite this pullback, Wall Street remained optimistic because of President Trump’s softer tone on both the Fed and tariffs. On Tuesday, Trump said he expects China tariffs to come down significantly after Bessent had called the current tariffs “unsustainable.”

Trump also told reporters from the Oval Office that he never intended to remove Powell but repeated his desire for the Fed chair to lower interest rates. These comments brought relief to investors who had feared that a possible conflict between President Trump and Powell could add further uncertainty in a market that is already affected by tariffs.

Methodology

To compile our list of the 13 best aggressive growth stocks to buy now, we looked for stocks with a year-over-year revenue growth rate exceeding 35%. To ensure the reliability of our findings, we consulted SeekingAlpha for the year-over-year revenue growth rate for each company. Next, we focused on the top 13 aggressive growth stocks most favored by institutional investors. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey’s Q4 2024 database of more than 1,000 elite hedge funds. Finally, the 13 best aggressive growth stocks to buy now were ranked in ascending order based on the number of hedge funds holding stakes in them as of Q4 2024.

Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

A close-up of a customer using the company's e-commerce platform whilst shopping online.

PDD Holdings Inc. (NASDAQ:PDD)

Year-Over-Year Revenue Growth: 59.04%

Number of Hedge Fund Holders: 85

PDD Holdings Inc. (NASDAQ:PDD), formerly known as Pinduoduo Inc., is a multinational commerce group that owns a portfolio of businesses. It is best known for its e-commerce platforms, Pinduoduo and Temu. Temu is a fast-growing global platform that offers a wide range of products at competitive prices. The company has built a strong network of sourcing, logistics, and fulfillment capabilities to support its businesses. PDD Holdings Inc. (NASDAQ:PDD) ranks among the best aggressive growth stocks to buy now.

On March 21, Benchmark analysts maintained a “Buy” rating on PDD Holdings Inc. (NASDAQ:PDD) with a price target of $160, even though the company’s Q4 2024 results fell short of expectations. The analysts pointed out that PDD Holdings Inc.’s (NASDAQ:PDD) online market services performed as expected. However, the transaction services, primarily driven by Temu, failed to meet forecasts. Benchmark analysts suggest that this weakness in the fourth quarter was a deliberate strategy instead of a sign of deeper structural problems. PDD Holdings Inc. (NASDAQ:PDD) has a strong current ratio of 2.21 and holds more cash than debt, which makes the analysts confident that the company will stick to its strategy for the fiscal year 2025. The company plans to invest in supply chain improvements and merchant support within China, while also tackling international policy uncertainties. The report highlighted PDD Holdings Inc.’s (NASDAQ:PDD) commitment to high-quality development and the analysts’ positive outlook on the company’s potential for mid-teen growth in the domestic Chinese market. Although Benchmark analysts acknowledged the high-risk profile of Temu, their stance on PDD Holdings Inc. (NASDAQ:PDD) remains unchanged.

Overall, PDD ranks 7th on our list of the best aggressive growth stocks to buy now. While we acknowledge the potential of PDD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than PDD but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.