3 Cheap Growth Stocks to Buy Right Now
Growth stocks have gotten pummeled this year. Because of that, valuations have come down considerably, with some growth stocks trading at bargain prices.
Three growth stocks that are now a lot cheaper are Crown Castle International (NYSE: CCI), Digital Realty (NYSE: DLR), and Prologis (NYSE: PLD). Because of that, they look like enticing buys right now.
Shares of Crown Castle International have slumped more than 17% so far this year. As a result, the infrastructure-focused real estate investment trust (REIT) trades at a much cheaper valuation. It currently sells for around 25 times its forward price-to-funds from operations (P/FFO) metric, down from 30 at the end of last year.
Source Fool.com
