The stocks featured in this article are seeing some big returns. Over the past month, they’ve outpaced the market due to some combination of positive news, upbeat results, or supportive macro developments. As such, investors are taking notice and bidding up shares.

But not every company with momentum is a long-term winner, and plenty of investors have lost money betting on short-term fads. On that note, here are three stocks with the fundamentals to back up their performance.

Shopify (SHOP)

One-Month Return: +30.6%

Starting with just three people selling snowboards online in 2004, Shopify (NASDAQ: SHOP) provides a comprehensive platform that enables merchants of all sizes to create, manage and grow their businesses across multiple sales channels.

Why Will SHOP Beat the Market?

1. Billings have averaged 33.1% growth over the last year, showing it’s securing new contracts that could potentially increase in value over time
2. Revenue outlook for the upcoming 12 months is outstanding and shows it’s on track to gain market share
3. Well-designed software integrates seamlessly with other workflows, enabling swift payback periods on marketing expenses and customer growth at scale

Shopify’s stock price of $152.98 implies a valuation ratio of 11.8x forward price-to-sales. Is now the right time to buy? See for yourself in our in-depth research report, it’s free.

Natera (NTRA)

One-Month Return: +21.9%

Founded in 2003 as Gene Security Network before rebranding in 2012, Natera (NASDAQ: NTRA) develops and commercializes genetic tests for prenatal screening, cancer detection, and organ transplant monitoring using its proprietary cell-free DNA technology.

Why Are We Bullish on NTRA?

1. Tests Processed averaged 19.3% growth over the past two years and imply healthy demand for its products
2. Earnings growth has trumped its peers over the last five years as its EPS has compounded at 18.2% annually
3. Free cash flow profile has moved into positive territory over the last five years, showing the company is at an important crossroads

At $326.31 per share, Natera trades at 15.5x forward price-to-sales. Is now the time to initiate a position? Find out in our full research report, it’s free.

Hamilton Lane (HLNE)

One-Month Return: +19.3%

With over $100 billion in assets under management and supervision, Hamilton Lane (NASDAQ: HLNE) is an investment management firm that specializes in private markets, offering advisory services and fund solutions to institutional and private wealth investors.

What Makes HLNE Stand Out?

1. Annual revenue growth of 19.6% over the past five years was outstanding, reflecting market share gains this cycle
2. Additional sales over the last two years increased its profitability as the 20.5% annual growth in its earnings per share outpaced its revenue
3. Stellar return on equity showcases management’s ability to surface highly profitable business ventures

Hamilton Lane is trading at $106.04 per share, or 15.2x forward P/E. Is now a good time to buy? See for yourself in our full research report, it’s free.

Stocks We Like Even More

ALSO WORTH WATCHING: Top 5 Momentum Stocks. The best time to own a great stock is when the market is finally noticing it. These aren’t just high-quality businesses. Something is happening with them right now. Elite fundamentals meet near-term momentum — both boxes checked at the same time.

Find out which stocks our AI platform is flagging this week. See this week’s Strong Momentum stocks — FREE. Get Our Strong Momentum Stocks for Free HERE.

Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,460% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+1,154% between June 2020 and June 2025). Find your next big winner with StockStory today.