There's never a bad time to buy a good growth stock. There are particularly good times, however, to load up on a great growth name -- usually when it's beaten down, underestimated, or just plain undervalued.

If you've got $3,000 that isn't needed to manage monthly expenses, pay down short-term debt, or bolster an emergency fund, put it to work in your portfolio. Here are three potential growth stock picks worth considering. And even if you already hold positions in one or more of them, it wouldn't be crazy to add a bit more exposure.

ASML (NASDAQ: ASML) may be the world's most important company you've never heard of. Indeed, the odds are good that its equipment was used to manufacture some of the hardware in the device you're using to read this article right now. That's because ASML makes the tools used by semiconductor companies like Intel, Samsung, and Taiwan Semiconductor Manufacturing to produce chips for computers, smartphones, tablets, smart TVs, and more.

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Source Fool.com