10 Best Affordable Growth Stocks to Buy

In this article, we will look at the 10 Best Affordable Growth Stocks to Buy.

On August 30, Anastasia Amoroso, Partners Group chief investment strategist, appeared on CNBC’s ‘Closing Bell’ to talk about the current market dynamics and recent market issues, and much more.

She stated that while the Fed’s independence is an ongoing question, it is not a key driver for the market. According to her, it’s really about whether we get a rate cut in September, and a couple more this year, which is the key determinant.

Amoroso further noted that the second important question is whether the AI momentum is decelerating. She herself does not agree with that, as according to her, the situation is actually the opposite.

READ ALSO: 11 Hot Large Cap Stocks to Buy According to Hedge Funds and 10 High Growth NYSE Stocks That Are Profitable. 

Her take is that she does see the rate cut in September. She further stated that if Trump’s pressure on the Fed continues, one can expect steeper curves, with a higher risk premium in long-duration USTs.

With these trends in view, let’s look at the best affordable growth stocks to buy.

Our Methodology

We used stock screeners to compile a list of growth stocks with a forward P/E below 15 and chose the top 10 most popular among hedge funds, as of Q2 2025. We sourced the hedge fund sentiment data from Insider Monkey’s database. The list is sorted in ascending order of hedge fund holders.

Note: All data was sourced on September 1.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

10 Best Affordable Growth Stocks to Buy

10. Novo Nordisk A/S (NYSE:NVO)

Forward P/E: 14.53

Number of Hedge Fund Holders: 45

Novo Nordisk A/S (NYSE:NVO) is one of the best affordable growth stocks to buy. In a report released on August 29, Matthew Weston from UBS maintained a Hold rating on Novo Nordisk A/S (NYSE:NVO) with a price target of DKK340.00.

Novo Nordisk A/S (NYSE:NVO) announced results for the January 1 to June 30 period on August 6, reporting an operating profit growth of 25% in Danish kroner and 29% at constant exchange rates (CER) to DKK 72.2 billion.

Management also stated that sales in US Operations rose by 16% in Danish kroner (17% at CER), while sales in International Operations grew by 16% in Danish kroner (19% at CER).

Novo Nordisk A/S (NYSE:NVO) is a global healthcare company specializing in diabetes care. It develops, discovers, manufactures, and markets pharmaceutical products.

Its operations are divided into two business segments: biopharmaceuticals and diabetes and obesity care. The latter segment covers GLP-1, insulin, and other protein-related products.

9. Dell Technologies Inc. (NYSE:DELL)

Forward P/E: 12.81

Number of Hedge Fund Holders: 54

Dell Technologies Inc. (NYSE:DELL) is one of the best affordable growth stocks to buy. On August 29, Raymond James raised the firm’s price target on Dell Technologies Inc. (NYSE:DELL) to $152 from $150, keeping an Outperform rating on the shares.

The rating update came after Dell Technologies Inc. (NYSE:DELL) reported a fiscal Q2 beat and increased full-year sales and EPS guidance.

The firm expressed surprise to see that the stock was indicated down about 5% in after-hours. However, it anticipates the shares to recover “once investors absorb all the moving pieces.”

Dell Technologies Inc. (NYSE:DELL) is a technology company that offers customers an innovative and broad solution portfolio to help customers address workforce transformation, modernize their information technology (IT) infrastructure, and offer critical solutions to keep organizations and people connected.

Its operations are divided into the following segments: Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).