7 Super Simple Growth Stocks for New Investors
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...