Growth stocks have gotten pummeled this year. Because of that, valuations have come down considerably, with some growth stocks trading at bargain prices.
Three growth stocks that are now a lot cheaper are Crown Castle International (NYSE: CCI) , Digital Realty (NYSE: DLR) , and Prologis (NYSE: PLD) . Because of that, they look like enticing buys right now.
Shares of Crown Castle International have slumped more than 17% so far this year. As a result, the infrastructure-focused real estate investment trust ( REIT ) trades at a much cheaper valuation. It currently sells for around 25 times its forward price-to-funds from operations (P/FFO) metric, down from 30 at the end of last year.
For further details see:
3 Cheap Growth Stocks to Buy Right Now