AI flash-storage company Everpure (P) closed at a record high on Monday, joining IBD's list of 16 growth stocks after sales and profit growth. The additions came on a subdued day for the broader stock market, with SharkNinja, Lilly and other companies also drawing attention.
The stocks on the list have recently shown strength in share-price performance and fundamental measures. Inclusion is not a forecast of future returns: IBD updates its screens regularly, adding companies and removing names whose performance has weakened. Changes reflect a point-in-time assessment of business results, share-price trends and relative strength.
Everpure reaches a record close
Everpure sells flash-storage products and is viewed by the market as part of the AI supply chain. Its shares rose sharply on Monday to finish at an all-time closing high. The move was linked to growth in sales and profit, though no specific quarterly revenue, earnings or share-price figures were provided.
Flash storage is one component of AI infrastructure. As demand for data processing and storage grows, investors are watching whether companies in the sector can translate that demand into revenue and earnings growth. Everpure's addition to the list reflects its performance in the current screening period; its ability to sustain that standing will depend on orders, profit growth and shifts in market demand.
SharkNinja gains 2.4%, nears August record
Appliance maker SharkNinja (SN) rose 2.4% on Monday, bringing its shares closer to the record high set on Aug. 28. The company has IBD's top Composite Rating of 99, reflecting strong performance across share-price, earnings and other growth measures in the rating system.
William Blair analyst Phillip Blee recently named SharkNinja a top pick. That rating represents an analyst's view, rather than a substitute for company results or market data. With the shares approaching their prior high, investors are also watching whether sales growth can support sustained earnings and how the stock trades near that level.
Lilly, Dorian LPG and BeiGene join the IBD 50
Pharmaceutical company Eli Lilly (LLY), energy transporter Dorian LPG (LPG) and drugmaker BeiGene (ONC) were also in focus on Monday. All three joined the flagship IBD 50 list.
The companies operate in different markets and have distinct earnings drivers. Their inclusion on the same list reflects their overall performance at the time of screening, not a shared business model. Monday's notable changes among IBD's growth and stock screens included Everpure's record close, SharkNinja's 2.4% gain and the addition of Lilly, Dorian LPG and BeiGene to the IBD 50.