Published on 25 Jan 2024 on Insider Monkey via Yahoo Finance

18 High Growth Low PE Stocks

In this article, we will take a detailed look at the 18 High Growth Low PE Stocks. For a quick overview of such stocks, read our article 5 High Growth Low PE Stocks.

When value stocks came back with a vengeance in 2022, value investors cheered what they thought was the beginning of a long bull run of value stocks. But thanks to the AI boom, growth stocks rebounded in 2023. In a ten-year period ending 2021, the Russell Growth 1000 Index doubled the performance of the Russell 1000 Value Index. The so-called 'value investing' strategy has taken a hit amid an unending growth of technology stocks. But over the years the traditional boundaries between value and growth investing have faded. In fact, successful investors like Warren Buffett have long been saying that differentiating between value and growth does not make sense as they see growth a part of the broader value investing philosophy. Warren Buffett once said:

"There is no such thing as growth stocks or value stocks as Wall Street generally portrays them, as contrasting asset classes. Growth is part of the value equation.”