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7 Super Simple Growth Stocks for New Investors

Mar 03, 2021 - Nasdaq
Financial Results

As volatility increases now that bonds have shifted out of their dormant near-zero interest rate state, we can use the downside of this volatility to buy into promising growth stocks that have gotten a bit expensive.

It’s true that a lot of growth stocks are expensive here, with the average price-earnings ratio of the S&P 500 running at around 39 right now. Historically, it’s in the upper teens. The tech-heavy NASDAQ 100’s P/E is also at 39.

That’s baking in a significant amo...