Some high-quality growth stocks are too cheap to ignore following this year's bear market. Valuations are at the cheapest level in years, creating opportunities for great long-term returns. These two growth stocks have enormous potential as leaders in exciting industries, and investors should consider adding them to their portfolio.

Splunk (NASDAQ: SPLK) is a leader in the digital security analytics industry. Sitting at the intersection of data analytics and cybersecurity, Splunk helps organizations monitor their software operations more efficiently and effectively.

Splunk stock took a beating over the past year, as investors fled from growth stocks with aggressive valuations. Its price-to-sales ratio dropped from around 15 to its current level around 4. That makes it more attractively valued than Alphabet, Apple, and Microsoft.

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Source Fool.com