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Got $2,500? This Dirt Cheap Growth Stock Could Be Worth Buying Hand Over Fist

Got $2,500? This Dirt Cheap Growth Stock Could Be Worth Buying Hand Over Fist

If you're looking to invest $2,500 somewhere it'll grow, but you're a bit leery of buying an increasingly overpriced and hyped-up growth stock like Nvidia, Fulgent Genetics (NASDAQ: FLGT) might be up your alley. Its shares are priced for bargain hunters, and its growth prospects are plentiful. Let's get all the bad news out of the way at once: Fulgent's shares have declined 25% in the past 12 months, and its quarterly revenue fell by 47% in the same period, arriving at $66.1 million in sales for the first quarter of 2023.