7 Growth Stocks That Are Trading at a Bargain Price

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It’s too early to say the market has turned the corner, but some analysts suggest that equities could be at the beginning of a bull market. The banking crisis appears to be contained. And if the Federal Reserve decides to pause the rise in interest rates, these same analysts suggest the rally could turn into something much bigger. That’s why now is a good time to look at buying bargain growth stocks.

One metric to use for finding undervalued stocks is the price-to-earnings (P/E) ratio. This tells you how much of a price you’re paying per share for every dollar of a company’s earnings. While not a perfect indicator by any means, it can serve as a useful starting point. At the time of this writing, the current S&P P/E ratio is approximately 21x. A common feature of each of these bargain growth stocks is that they are trading below that average. This makes them good candidates to outperform when the market does return to growth.

PFE
Pfizer
$40.80
LOW
Lowe’s
$199.97
AAP
Advance Auto Parts
$121.61
URI
United Rentals
$395.76
HAL
Halliburton
$31.64
OGN
Organon & Co.
$23.52
HBM
Hudbay Minerals
$5.25