Global markets have been hit by a broad sell-off in AI stocks as investors question high costs and scarce capital. This Simply Wall St article highlights three Australian high-growth stocks with strong analyst and management conviction: Emerald Resources, Mesoblast and Pinnacle Investment Management Group. Emerald Resources, a Perth-based gold producer whose 100% owned Okvau Gold Project is in Cambodia, reported earnings up 196.3% over the past year, with a 42.4% net margin and a 14.7x P/E. Mesoblast develops cell-based regenerative therapies, and its Ryoncil is the first and only FDA-approved mesenchymal stromal cell product in the U.S. Pinnacle partners with boutique fund managers and generates about A$110 million from funds management, with roughly one-third of its A$229.4 billion in affiliate FUM sourced outside Australia.
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