Undervalued growth stocks are something all investors should be keeping an eye out for. Market movement and valuations can be likened to pendulum swings. Rarely do we find the markets at fair valuation. Euphoria and extreme fear are the two extremes. A large part of 2021 was characterized by euphoria for growth and penny stocks.…

Some good news is finally starting to creep into the markets with inflation easing in October. However, GDP growth remains a concern. That’s a key reason why growth-focused penny stocks are trading at depressed valuations. This is still not a market where investors can aggressively take positions in high beta stocks. Accordingly, I would remain…