3 Top Growth Stocks That Are Screaming Buys Right Now
It is usually challenging to find growth stocks trading at affordable valuation multiples. That's because growth stocks command a premium when compared to average stocks, thanks to the rapid pace of increase in their top and bottom lines, which outpaces the overall industry or the business they operate in.
However, some growth stocks are terrific bargains right now, like Apple (NASDAQ: AAPL), Chewy (NYSE: CHWY), and Micron Technology (NASDAQ: MU). Investors can buy them right away as they trade at relatively attractive valuations, and they seem capable of sustaining their impressive momentum for a long time to come thanks to a bunch of secular catalysts. Let's take a closer look at these three screaming buys right now.
Apple has stepped on the gas after the launch of its 5G-enabled iPhone 12 models. The company's revenue in the first six months of fiscal 2021 has shot up 34% year over year to $201 billion, a huge jump over the 5.5% top-line growth it registered in fiscal 2020 which ended in September last year.
Source Fool.com
