2 Underrated Growth Stocks That Could Be Better Buys Than Tesla
Electric vehicle maker Tesla (NASDAQ: TSLA) has undoubtedly made many early investors extremely rich. And with the business still being in its early growth stages, there are significant opportunities ahead for the company. The problem is that at a $1 trillion valuation, the stock isn't cheap, and the potential for it to double or triple in value over the long term may not be all that likely.
Investors may instead be better off investing in smaller companies that are aren't as hyped up, where doubling in value is a more reasonable prospect. Two such stocks to consider, with valuations of less than $1 billion are Agrify (NASDAQ: AGFY) and Vuzix (NASDAQ: VUZI). Not only are they attractive growth buys, but larger businesses could eye them as possible acquisitions.
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Source Fool.com
