Instinctively, it's easy to gravitate toward the "cheap" stocks in the market because they look like the best deals. Cheaper is always better, right? But is this really the best way to invest? After all, many of the best businesses with the most sustainable growth opportunities often trade at meaningful premiums -- companies like Tesla Motors (NASDAQ:TSLA) and LinkedIn (NYSE:LNKD.DL). Do we really want to miss out on opportunities to invest in game-changing disruptors? Further, as Morgan Stanley's lead stock strategist Adam Parker has pointed out, richly-valued growth stocks have actually outperformed the market since 1978.
In the video below, Fool contributor Daniel Sparks highlights the astonishing opportunities facing Tesla and LinkedIn. Despite their pricey valuations, these stocks' impressive stories make these companies worth a closer look.
If you're interested in getting exclusive, unfiltered access to Motley Fool co-founder and CEO Tom Gardner's personal "Everlasting Portfolio" of stock picks-a portfolio that's outperformed a stunning 99.6% of similar mutual funds over the past 12 months-you're in luck. For a limited only, Tom is inviting new members to apply for "early acceptance" into The Motley Fool's crown-jewel service-Motley Fool ONE. If you're accepted, you'll be invited to test-drive Motley Fool ONE with zero risk or obligation for an entire 365 days. Simply click here to apply now... time is running out!
Daniel Sparks owns shares of Tesla Motors. The Motley Fool recommends LinkedIn and Tesla Motors. The Motley Fool owns shares of LinkedIn and Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.