3 Growth Stocks at Deep-Value Prices
Getting great returns in the stock market has two sides to the equation: the rate of growth and the valuation you pay for that growth. A company that grows 20% a year or more is great, but is it worth a price-to-earnings (P/E) ratio of 70 or 80? Maybe not.
Finding the best deals in the market is finding high rates of growth at low valuations, so we asked three of our investing contributors to each highlight a stock that has incredible growth prospects ahead of it, while trading at a low valuation. Here's why they picked GameStop (NYSE: GME), General Motors (NYSE: GM), and First Solar (NASDAQ: FSLR).
Image source: Getty Images.
Source: Fool.com
General Motors Corp Stock
€41.79
0.340%
Our community is currently high on General Motors Corp with 32 Buy predictions and 5 Sell predictions.
As a result the target price of 46 € shows a slightly positive potential of 10.07% compared to the current price of 41.79 € for General Motors Corp.
