With fresh U.S. inflation data and jobs figures about to hit on August 12 to 14, markets are bracing for moves in interest rate expectations, the dollar, and bond yields. That mix can quickly reward or punish growth tech stocks, especially the larger platforms that anchor many portfolios. This article walks through 3 Growth Tech Stocks screener picks that appear closely tied to these macro and crypto linked catalysts.

The 3 stocks highlighted next are only a sample from this idea, and the full screen surfaced 44 more large cap growth tech companies with equally compelling stories that are not covered here. To size up the wider field and focus on the opportunities that best match your thesis, go straight to the Growth Tech Stocks screener.

HUB24 (ASX:HUB)

HUB24 is a Sydney based wealth platform and technology group that helps financial advisers and accountants manage client money, reporting, and compliance through its HUB24 platform, PARS administration service, myprosperity portal, and Class and NowInfinity cloud tools. Most revenue comes from its Platform segment at about A$368.8 million, with a further A$81 million from Tech Solutions and a small Corporate contribution. The company is a sizeable player in Australian wealth technology, with a market cap of roughly A$7.3b.

HUB24 sits at the intersection of adviser platforms and increased interest in financial advice. Many investors are watching it as macro data and rate expectations shift. Earnings have grown, margins are improving, and analysts expect HUB24’s revenue and earnings to increase faster than the broader Australian market, although the current P/E multiple is high and the funding mix leans on higher risk borrowing. With a deep adviser network, an expanding tech stack and a seasoned board that has recently added experienced industry leadership, HUB24 presents a mix of quality, growth potential and valuation tension that may warrant a closer look.

HUB24’s fast growing platform revenue and high P/E suggest investors see something bigger building here. To see what the market might be pricing in, plus one potential weak spot, review the analyst forecasts for HUB24.

Build your own high growth HUB24 style shortlist

HUB24 and the other two stocks in this list came from a single set of growth focused filters, but the real edge comes from tailoring those filters to what matters most to you. Use our flexible Screener to combine valuation, growth, balance sheet and risk metrics, or tap into our curated Investing Ideas for ready made starting points.

Technology One (ASX:TNE)

Technology One develops and supports enterprise software used by local governments, universities, healthcare providers and other large organisations to manage finance, HR, assets, students and more across Australia and overseas. The business is heavily weighted to Software revenue at about A$435.5 million, with smaller contributions from Consulting at around A$98 million and Corporate at about A$98 million. At roughly A$10.7b in market value, Technology One sits firmly in the large cap end of the Australian tech sector.

Technology One stands out in this Growth Tech Stocks screener because it mixes high quality recurring software revenue with solid profitability metrics, including a 33% return on equity, while still being exposed to macro drivers like inflation linked price rises and interest rate expectations. Recent results show steady revenue and earnings progress and an ongoing dividend stream, yet the stock trades on a rich P/E multiple and relies on external borrowing, so a lot of optimism around continued ARR momentum and margin gains already sits in the price. For investors watching how lower rate expectations and softer CPI could support longer duration growth stories, Technology One is a stock where strong fundamentals and valuation risk sit side by side and deserve a closer look.

Technology One’s rich P/E and strong recurring software base suggest the story might be bigger than a simple quality growth label. For the full context, see the analysis report for Technology One

Seagate Technology Holdings (STX)

Seagate Technology Holdings is a global data storage company that supplies hard drives, solid state drives and storage systems used in data centers, cloud infrastructure and sectors such as healthcare, media, surveillance and telecoms. It effectively runs a single business line, generating about US$12.2b from the manufacture and distribution of storage solutions across customers like original equipment manufacturers, distributors and retailers. The stock is a large cap, with a market value of roughly US$184.2b.

Seagate Technology Holdings is positioned within AI and data center spending, with its Mozaic and HAMR drive families aimed at customers that need large capacity and are willing to pay for it. Recent earnings have outpaced the broader tech sector, margins are strong and analysts see room for further earnings growth. However, the P/E is well above the global tech average and the balance sheet leans heavily on debt. Along with recent insider selling and an 8 out of 10 sensitivity to macro data and rate expectations, Seagate appears to combine strong AI storage demand and pricing power with funding and execution risks that investors may wish to consider carefully.

Seagate’s AI storage story and high P/E suggest something bigger may be forming, yet heavy debt, insider selling and macro sensitivity raise real questions. Get the full picture in the 3 key rewards and 3 important warning signs

Seeking Alternatives Before The Crowd?

Fresh screens can surface stocks building quiet momentum before they reach full breakout mode. Do not get caught reacting after prices are already moving strongly.

• Scan for potential income workhorses early with 4 dividend fortresses while yields still look appealing and sentiment remains subdued.
• Track early movers in digital assets with the curated 20 cryptocurrency and blockchain stocks before headlines focus on a narrower set of opportunities.
• Explore themes tied to electrification spending by reviewing the hand picked 37 power grid technology and infrastructure stocks while the story receives relatively limited attention.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.