Two Top ASX Stocks Yearning for Growth

Team Veye | 14-Apr-2025

The two best growth stocks to buy now which are getting ready for next phase of growth after a brief retreat are

Telix Pharmaceuticals Limited (ASX: TLX, Nasdaq: TLX)

Telix Pharmaceuticals Limited (ASX: TLX, Nasdaq: TLX) has received FDA approval for its New Drug Application (NDA) for Gozellix®, a next-generation PSMA-PET imaging agent for prostate cancer. Designed for use in men with suspected metastatic or recurrent prostate cancer, it offers improved logistics over existing gallium-based products, including a longer shelf life and extended distribution range. This allows it to reach more imaging centers across the U.S., including areas currently underserved.

Having successfully established Illuccix®, Telix’s first-generation PSMA-PET agent, Gozellix® enhances accessibility to precision imaging and supports more flexible and efficient scanning operations. With PSMA-PET now considered standard care for prostate cancer imaging, Telix is among the top growth stocks aiming for Gozellix® to address the gap in access, especially for the many patients who have yet to benefit from such scans. Full reimbursement and minimal out-of-pocket costs are expected to further support widespread adoption.

Securing FDA approval for Gozellix is also a major turning point for prostate cancer patients, who gain enhanced access to state-of-the art 68Ga PSMA-PET imaging. 

WiseTech Global Limited (ASX: WTC)

WiseTech Global Limited (ASX: WTC) delivered a strong first-half FY25 performance, with revenue rising 17% to $381.0 million and EBITDA up 28% to $192.3 million, reflecting improved margins and operational efficiencies. The core CargoWise platform drove growth with a 21% revenue increase, supported by major customer rollouts including Nippon Express and LOGISTEED. EBITDA margin expanded to 50%, supported by pricing strategies and a successful cost-saving program.

While the company revised its full-year revenue outlook to the lower end of its $1.2B–$1.3B range due to delays in the launch of its Container Transport Optimization product, it expects EBITDA margins to reach the higher end of its 50%–51% target. Despite the revenue adjustment, WiseTech is among the best growing companies to invest in as it remains optimistic about its long-term growth, underpinned by high recurring revenue (98%), strong organic performance, and continued innovation through products like CargoWise Next and ComplianceWise. Its leading position in global logistics software and increasing presence among top-tier freight forwarders support a strong future growth outlook.

(Source: Company Announcements)

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