The growth-heavy Nasdaq Composite index is still teetering on the edge of a bear market, but for investors willing to take on potential volatility, the good news is that some very promising businesses are still trading at huge valuation discounts. To help put investors on the trail of growth stocks capable of delivering explosive returns, a panel of Motley Fool contributors has profiled top picks trading at attractive valuation levels. Read on to see why they believe long-term investors can score big wins by investing in Advanced Micro Devices (NASDAQ: AMD), Cloudflare (NYSE: NET), and RingCentral (NYSE: RNG) at today's prices.
It might be time for investors to turn their attention to the next generation of game-changing companies.
(Bloomberg) -- Chip delivery times are shrinking, but shortages are persisting in many areas, according to new research.Lead times -- the gap between when a semiconductor is ordered and when it is delivered -- averaged 26.9 weeks in July, compared with a revised 27 weeks in June, according to research by Susquehanna Financial Group. It was the third consecutive month that lead times narrowed.While that overall indicator improved, supply of power management parts and microcontrollers -- particula