Warren Buffett studied business under Benjamin Graham at Columbia University. Graham is widely recognized as the father of value investing -- a strategy that focuses on finding stocks that trade below their intrinsic value -- and his teachings had a profound impact on Buffett.

However, valuation is not the only metric that matters. Buffett offered the following advice in his 1989 letter to Berkshire Hathaway shareholders: "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."

Here are two wonderful growth stocks to buy now.

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Source Fool.com