In this article, we will look at 11 Cheap Growth Stocks to Buy Right Now.
Growth investing has been a dominant theme in recent years, but the conversation on Wall Street is starting to shift. After a stretch where a handful of large-cap names carried much of the market higher, investors are increasingly questioning how much growth is already priced in. Elevated valuations across parts of the market have made entry price a more important consideration.
Large asset managers have been highlighting this tension between growth potential and starting valuations. J.P. Morgan Asset Management notes in its long-term capital market assumptions report that “the starting point for valuations has an impact on long-term returns.” This means the price investors pay today can shape the returns they earn years down the line. Franklin Templeton strikes a similar note, observing that there are “high valuations in certain parts of the technology sector and more reasonable valuations in other parts of the market.” That gap suggests opportunities may exist outside the most crowded trades. Meanwhile, BlackRock cautions that “investors have started to fret about equity valuations”.
Taken together, the message from these institutions is that growth still matters, but price discipline is becoming harder to ignore. When investors can find companies that combine solid earnings expansion with valuations that have not already been pushed to extremes, the risk-reward looks more compelling. With that in mind, we take a closer look at 11 Cheap Growth Stocks to Buy Right Now.
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Our Methodology
We used the Finviz screener to identify stocks that have a track record of delivering earnings growth and have grown their EPS by at least 20% over the past 3 years. From this pool, we focused on equities that are trading at a forward P/E of less than 15 and limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
11. Abercrombie & Fitch Co. (NYSE:ANF)
On February 23, 2026, UBS analyst Mauricio Serna lowered the price target on Abercrombie & Fitch Co. (NYSE:ANF) to $149 from $160 and maintained a Buy rating. Mauricio Serna said the stock’s reaction is likely to hinge on FY26 guidance, with sales growth expected to come in below the +4.6% consensus and EPS guided to $9.35-$10.35 versus the Street’s $10.47, reflecting recent sales deceleration and what Mauricio Serna described as management “conservatism.” Mauricio Serna added that expectations already appear tempered, leaving a relatively balanced risk and reward profile into the event.
Also on February 23, 2026, JPMorgan lowered its price target on Abercrombie & Fitch Co. (NYSE:ANF) to $102 from $128 previously and maintained a Neutral rating as part of an earnings preview for the retailing group.
Earlier in February, the company’s abercrombie kids brand launched a baby and toddler collection, marking its first expansion into that category. Chief Product Officer Corey Robinson said the move responds to the “number one request” from customers and allows the brand to outfit families “from newborn through kids of all ages.”
Abercrombie & Fitch Co. (NYSE:ANF) operates as an omnichannel retailer across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
10. Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)
On February 23, 2026, Deutsche Bank raised its price target on Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) to EUR 21.24 from EUR 19.75 previously and has maintained a Buy rating on the shares. Deutsche Bank cited the improving net interest income and higher return on tangible equity forecasts on Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) as the catalyst behind the price target increase.
Earlier in February, RBC Capital raised its price target on Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) to EUR 20.25 from EUR 19.75 previously and has kept a Sector Perform rating on the shares. Less than two weeks prior to this note, RBC Capital downgraded BBVA to Sector Perform from Outperform, citing BBVA’s already-high valuation.
Morgan Stanley also updated its view during the month of February, slightly lowering its price target on Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) to EUR 20 from EUR 20.70 previously, while maintaining an Equal Weight rating on the company.
Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) provides banking and financial services across Spain, Mexico, Turkey, South America, Europe, the United States, and Asia. The company offers traditional retail, wholesale, investment, and transaction banking. It also engages in financial, insurance, asset management, and capital markets businesses, as well as digital banking.
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