Buy 5 High-Flying Growth Stocks to Maximize Your Returns in June

Wall Street saw an impressive rally in May after severe volatility in the previous two months. Expectations of a U.S.-China trade deal, the delay by the Trump administration to impose 50% tariffs on the European Union and the ongoing negotiations related to tariff and trade policies with several other major trading partners of the United States boosted market participants’ confidence in risky assets like equities.

At this stage, we recommend five growth stocks for June that have provided double-digit returns in the last month. The current favorable Zacks Rank of these stocks is also an indication that you can maximize your returns this month.

These stocks are: AppLovin Corp. APP, Amphenol Corp. APH, Intuit Inc. INTU, Carvana Co. CVNA and Stantec Inc. STN. Each of our picks sports a Zacks Rank #1 (Strong Buy) and has a Growth Score of A or B. You can see the complete list of today’s Zacks #1 Rank stocks here .

Positives for June

The market rally is likely to continue in June as the latest data from the Department of Commerce showed that the inflation rate is dwindling steadily. In April, the personal consumption expenditures price index (popularly known as the headline PCE inflation) rose 0.1% month over month and 2.1% year over year, marking its lowest level in 2025.

Core PCE inflation (excluding volatile food and energy items) — Fed’s favorite inflation gauge — rose 0.1% month over month and 2.5% year over year, steadily approaching the central bank’s 2% target level.

The chart below shows the price performance of our five picks in the past month.

Buy 5 High-Flying Growth Stocks to Maximize Your Returns in June


Image Source: Zacks Investment Research

AppLovin Corp.

AppLovin is engaged in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally. APP provides a technology platform that enables developers to market, monetize, analyze and publish their apps.

AppLovin’s last reported financial results demonstrate its strong fundamentals and growth potential. The introduction of APP’s AI-powered AXON 2.0 technology and strategic expansion in gaming studios have significantly boosted revenue growth. APP’s AI-enabled Audience+ marketing platform is also increasing its reach into the direct-to-consumer and e-commerce space.

AppLovin has an expected revenue and earnings growth rate of 24.3% and 85.2%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 23.4% in the last 30 days.

Amphenol Corp.

Amphenol provides connectivity solutions using AI and ML (machine learning) technologies. It provides AI-powered high-density, high-speed connectors and cables, and interconnect systems optimized for signal integrity and thermal performance.

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