Artificial intelligence (AI) has developed a reputation for taking stocks to parabolic levels. This is particularly true of stocks like Nvidia and Palantir Technologies, which have driven exponential growth from their 2022 lows.
Now, with those AI stocks likely to grow more slowly, some growth investors may want to move on to other names. Finding such stocks before they make such a move is a difficult task. Still, although the market offers no guarantees, these stocks have a reasonable shot at achieving such growth, and here’s why.
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CoreWeave (NASDAQ: CRWV) has benefited from insatiable demand for the AI-specific cloud infrastructure it offers. This has led to triple-digit revenue growth levels in recent quarters, and the $67 billion revenue backlog reported in the fourth quarter of 2025 is up from $55 billion in only one quarter.
Admittedly, funding the ability to meet that demand appears to be its most pressing challenge. It reported $4.75 billion in negative free cash flow in 2025, below its $3.1 billion in liquidity.
Consequently, it has had to borrow heavily to meet demand, and its over $21 billion in debt is up from $14 billion in just one quarter. That is likely to keep rising since it pledged to spend between $30 billion and $35 billion on capital expenditures this year, factors that may have slowed its stock price growth.
However, analysts project revenue of $12.4 billion in 2026, a 142% yearly increase, and they expect that to rise to $23 billion in 2027. Amid that growth and the backlog, it is likely to attract the capital it needs to meet demand.
Additionally, although it will not have a P/E ratio until it turns profitable, its price-to-sales (P/S) ratio of under 7 is quite cheap given its growth rate. That means as that growth translates into improved financials, CoreWeave stock could bring life-changing gains.
Nokia (NYSE: NOK) has long been an afterthought for tech investors. Apple decimated its one-time lead in the cellphone market many years ago, and even though it pivoted into telecom equipment manufacturing, its stock traded in a range for years.
Nonetheless, a deal with Nvidia seems to have changed the game for Nokia. The two companies will co-develop AI-driven radio access network (AI-RAN) technologies. This will likely give Nokia a competitive advantage, making its telecom equipment compatible with Nvidia as the telecom industry advances into 6G.
