Started by Peter Thiel after seeing US defence agencies struggle in the aftermath of the 2001 terrorist attacks, Palantir (NYSE:PLTR) offers software as a service platform that helps government agencies and large enterprises use data to make better decisions.

Palantir’s best-in-class 43.6% free cash flow margins give it the resources it needs to beat the competition. Additionally, its excellent projected revenue growth suggests it’s poised to win significant market share. This is a splendid business you don’t see often.

Founded in 2014 and named after the dreaded first day of the work week, Monday.com (NASDAQ:MNDY) is a software-as-a-service platform that helps organizations plan and track work efficiently.

Companies like Monday.com are special. Its 46.7% annual revenue growth puts it in a league of its own and its efficient sales engine generates mountains of cash. We believe this is one of the best software stocks in the world.

Short for microcomputer software, Microsoft (NASDAQ:MSFT) is the largest software vendor in the world with its Windows operating system, Office suite, and cloud computing services.

Despite its massive scale, Microsoft has posted solid revenue growth over the last five years. It also boasts a rare competitive moat that materializes into durable pricing power and some of the best profit margins across all public companies.

A construction engineering services company, Quanta (NYSE:PWR) provides infrastructure solutions to a variety of sectors, including energy and communications.

Quanta stands out in what is generally considered a mature sector. Its sales have grown wonderfully and analysts predict its winning ways will continue. On top of that, its surging backlog proves it has a healthy sales pipeline. No coincidence the stock is up 702% over the last five years.

The developer of the world’s first frost-proof water meter in 1905, Badger Meter (NYSE:BMI) provides water control and measure equipment to various industries.

Badger Meter prints so much cash we should call it Jerome Powell. Its sensational revenue growth, extraordinary profitability, and superb prospects make it a business we need to own. No coincidence the stock is up 240% over the last five years.

With low-pressure heating systems as the first product, Trane (NYSE:TT) designs, manufactures, and sells HVAC and refrigeration systems, the former to commercial and residential building customers and the latter to commercial truck manufacturers.

Trane Technologies’s leadership team successfully leverages its high cash flow margins to invest in lucrative growth initiatives. Furthermore, its expanding operating margin shows it’s becoming an even more efficient business. No coincidence the stock is up 277% over the last five years.

Headquartered in Israel, Nova (NASDAQ:NVMI) is a provider of quality control systems used in semiconductor manufacturing.

Semiconductors are the lifeblood of technology and Nova produces some of the finest. Furthermore, its exceptional revenue growth indicates it’s rapidly taking market share. No coincidence the stock is up 407% over the last five years.

Founded in 2005 by two University of Virginia roommates, Reddit (NYSE:RDDT) facilitates user-generated content across niche communities (called subreddits) that discuss anything from stocks to dating and memes.

Reddit is expanding at an incredible pace, with experts expecting its breakthrough products to fuel long-term growth in revenue, users, and ARPU. Furthermore, its excellent gross margins demonstrate the value and prominence of its products. This is one of the highest-quality internet stocks in our coverage.

The passion project of two chicken wing aficionados in Texas, Wingstop (NASDAQ:WING) is a popular fast-food chain known for its flavorful and crispy chicken wings offered in a variety of sauces and seasonings.

Wingstop has the secret formula. It not only sports a promising outlook but also grows sales rapidly while printing profits, giving it sky-high return potential. This is a fantastic business you don’t see often.