Analysts expect AMD's earnings to grow 44% on an annualized basis over the next few years, yet the shares trade at a market-average forward price-to-earnings multiple of 25. The stock is a no-brainer buy at this valuation level.

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Nevertheless, growth stocks outperformed value stocks in 2024, and investors anticipate that trend will continue as the Federal Reserve cuts interest rates. Here are 10 of CFRA analysts' top growth stocks that have reported at least 15% annual revenue growth in the past three years:

Both stocks could deliver for investors, but there are considerable risks to consider. If you've got $1,000 to invest, want exposure to semiconductor stocks, and are willing to take some risk, Intel and Qualcomm should be on your radar.