3 Best Cheap Growth Stocks Offer 300% Returns

The stock has been on the orphan list of unloved stocks for several years now, with only a handful of analysts covering the company.

The stock has been largely ignored and, as a result, trades for less than four times free cash flow.

When I look at other broadcasting companies, the average free cash flow multiple is dramatically higher than MSG Network's, making the stock extremely cheap on a relative basis.

With free cash flow growing at a high level, MSGN should trade two to three times the current stock price.

The Best Cheap Growth Stock in Healthcare

Select Medical Holdings Corp. (NYSE: SEM) is another stock that is growing nicely but is off Wall Street's radar screen for now.

Select Medical owns and operates critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States.

The business generates a ton of cash, and free cash flow has been growing by more than 30% annually for the past five years.

While Select Medical has very little coverage from Wall Street, those analysts that do follow the company are very bullish about its prospects. They also expect earnings to keep growing at a high level for the next five years.

Select Medical has exceeded even the most optimistic analysts earning projections with massive positive earnings surprises in the past four quarters.

Despite the outstanding growth and outlook, the stock sells for less than five times free cash flow right now.

There is a tremendous amount of upside as the company's stellar performance begins to attract institutional buying as we go into 2021.

The Best Cheap Growth Stock to Buy Now

You may not have heard of Silgan Holdings Inc. (NASDAQ: SLGN), but it is a sure bet you have several of its products in your home right now.

Silgan is the leader in metal cans for the food industry. That includes soda cans, beer cans, pet food cans, and just about any other type of food and beverage product that is sold in cans.

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Disclaimer: Any performance results described herein are not based on actual trading of securities but are instead based on a hypothetical trading account which entered and exited the suggested ...

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