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PLS GROUP LIMITED (ASX: PLS) shares have been very strong performers over the past 12 months.
During that time, the lithium miner formerly known as Pilbara Minerals has seen its shares rise nearly 120%.
This is driven by the rebound in lithium prices, which has given the entire industry a big lift.
But with its shares now around fair value, many analysts say investors could get better returns by looking at different ASX growth stocks.
Which ASX growth stocks?
The stock being tipped for a very strong rally from current levels is Wisetech Global Limited (ASX: WTC)
Shares of this logistics solutions technology company were sold in 2025 and could be destined to follow in the footsteps of PLS shares by rebounding strongly between now and 2027.
Bell Potter is one of several brokers who believe this could happen. They have a buy rating and a $100.00 price target on the stock.
Based on its current share price of $61.89, this implies a potential upside of more than 60 percent for investors over the next 12 months.
Why is it fast?
Bell Potter believes the pullback in the share price has been overdone. Especially given how the issues weighing on ASX growth stocks are now easing.
And while there are still risks to consider, the broker feels that the risk rewards are now very favorable for investors.
Commenting on ASX stocks beating the beat, Bell Potter said:
VoiceTech has also had a huge pullback in its share price, but that has been driven more by company-specific issues such as core business, management and board volatility and the slowdown in insider trading allegations against CEO and founder Richard White. However, these problems are starting to subside and the focus is returning to the outlook for the core business which is improving with the integration of new products, a new business model and major acquisitions (E2OPEN).
These initiatives are expected to help drive stronger results for 2HFY26 compared to 1HFY26 and then the first full year of benefits will be evident in FY27. All these changes/initiatives are not without risk and there is still a risk of a soft downgrade to revenue guidance in FY26 as a result of the half-year but the 12-month outlook is positive in our view.
