2 Incredible Growth Stocks I Can't Stop Buying
With the S 500 index at a price-to-earnings ratio (P/E) of 31, it can feel impossible to find any reasonably priced growth stocks. has a P/E ratio of 38, while Palantir Technologies trades at over 100 times sales. Anything associated with the artificial intelligence (AI) boom seems to be trading at a nosebleed earnings multiple.
So what should an investor do who is hunting for growth stocks to buy today? Of course, the answer is to avoid buying stocks deemed AI winners. Here are two incredible growth stocks trading at cheap valuations that I can't stop buying for my own portfolio.
Born along with smartphone adoption, Remitly Global (NASDAQ: RELY) is a mobile disruptor in the remittance space. Remittances are international money transfers, where an individual or business needs to send money to someone in another currency. With a boatload of regulations, necessary fraud and criminal protections, and payout complications, this is a much harder business to build than it seems.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 139 Buy predictions and 3 Sell predictions.
With a target price of 495 € there is a positive potential of 22.01% for Microsoft Corp. compared to the current price of 405.7 €.
