Growth Stocks Still Offer Opportunities Amid Expensive Market

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Finance Berita

Stocks,Growth,Valuation

Despite the S&P 500 reaching record highs, leaving it expensive according to some analysts, there are still growth stocks trading at attractive valuations. FactSet identified several 'growth at a reasonable price' (GARP) stocks, including semiconductor makers like Micron Technology, Advanced Micro Devices, and Broadcom, which are forecast to see strong growth next year.

Stocks such as Oracle and Micron Technology are among several growth plays left in a market that recently soared to records. The S & P 500 has reached new highs heading into 2025, leaving the broad-market index expensive according to some Wall Street firms. Wells Fargo, for instance, recently said that the S & P 500 is trading at a historically expensive price-to-earnings ratio of 22.

mountain Broadcom performance this year. Investor sentiment also remains positive on Micron. The stock, up nearly 27% this year, jumped 5.6% on Monday ahead of its quarterly earnings due later this week. According to FactSet, Micron has the highest expected EPS growth over the next 12 months at nearly 598%. Teradyne , another semiconductor play, also turned up on the screen.

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