The S&P 500 is up 81% over the last five years and is sitting at an all-time high as of this writing. In short, it's hard to find quality growth stocks that aren't hitting new highs along with the market.

Members of the "Magnificent Seven" have struggled in 2025. But growth stocks, a broader group of companies with similar characteristics to these formerly dominant Big Tech names, have still performed quite well.

Confluent's latest quarterly report came out on Feb. 11, and its share price popped 25% the following day thanks to stronger-than-expected growth and solid guidance that bested Wall Street's expectations.

The group of so-called "Magnificent 7" mega-cap tech giants continue to dominate the mind share of most investors, with these top high-growth companies continuing to see strong inflows as investors look to remain exposed to growth.