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3 of the Best Growth Stocks You Can Buy for Less than $100


Published on 2024-12-06 00:01:09 - The Motley Fool
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  • It's getting harder these days to find great growth stocks trading for less than $100 a share. It almost seems like a higher price is one of the criteria. But investors should kno

The article from The Motley Fool, published on December 5, 2024, discusses three growth stocks that are considered undervalued and good investment opportunities. Datadog is highlighted for its cloud-based monitoring and analytics services, which are crucial for businesses managing complex IT environments, with its stock trading at a forward P/E ratio of 45, suggesting it's undervalued given its growth prospects. The Trade Desk is praised for its leading position in the programmatic advertising market, with its stock at a forward P/E of 35, indicating potential for significant growth as digital advertising continues to expand. Lastly, CrowdStrike is noted for its cybersecurity solutions, particularly in endpoint security, with a forward P/E of 40, which is seen as reasonable considering the increasing demand for cybersecurity. The article suggests these stocks offer substantial growth potential at a relatively lower cost compared to their historical valuations.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/05/3-of-the-best-growth-stocks-you-can-buy-for-less-t/ ]