PDD Holdings (PDD) has emerged as one of the top-performing growth stocks in 2025, with a year-to-date revenue compound annual growth rate (CAGR) of 60.85%. Analysts note that despite this impressive growth, PDD trades at significantly lower multiples compared to Palantir Technologies (PLTR), which has a revenue CAGR of 26.75%. PDD's earnings have quadrupled over the past two years, yet its stock price has remained stagnant, leading some investors to believe it is undervalued. The stock is currently priced for minimal growth, with projections suggesting a potential price range of $180 to $230. In the broader market context, Palantir is recognized as the best-performing S&P 500 growth stock of 2025, with a gain of 58.48%. Other notable performers include AppLovin (APP) and Constellation Energy (CEG), with respective gains of 49.26% and 30.79%. The communication services sector, led by Meta Platforms (META), is performing well, while consumer discretionary stocks are lagging behind.