The 3 Best Cheap Growth Stocks to Buy Now

The common wisdom among most professional investors right now is that growth stocks are overvalued. If you look at the top-tier big-name growth stocks, there is some truth to that. The coronavirus stocks like Zoom Video Communications Inc. (NASDAQ: ZM), DocuSign Inc. (NASDAQ: DOCU), Amazon.com Inc. (NASDAQ: AMZN), PayPal Inc. (NASDAQ: PYPL), and others are indeed at nosebleed valuation levels. These stocks have seen a massive upswing as we all stayed home more and looked for ways to avoid the virus. While they are all wonderful businesses, many of them currently trade for multiples of sales and cash flows that would make the internet bubble stocks of the late 1990s blush with envy. As big a story and as exciting as the coronavirus stocks have been, they are not the whole American business story. There are still plenty of companies that are growing cash flows and earnings at a robust pace.. Read more... To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post The 3 Best Cheap Growth Stocks to Buy Now appeared first on Money Morning - We Make Investing Profitable .