Got $5,000? These Are 3 of the Cheapest Growth Stocks to Buy Right Now

Core Viewpoint - The article highlights three undervalued stocks—AbbVie, Lockheed Martin, and PayPal—that offer growth potential and dividends, making them attractive investment options for long-term investors [2]. AbbVie - AbbVie is considered a strong investment due to its low valuation and significant growth opportunities, with a forward P/E ratio of just under 17 despite a trailing P/E over 100 [3][4]. - The company reported an 8% increase in revenue for the first nine months of the year, reaching $44.5 billion, with immunology drugs contributing nearly $22 billion and growing over 12% [4]. - AbbVie offers a dividend yield of 3.3%, enhancing the investment's value, and the stock has appreciated by 19% this year [6]. Lockheed Martin - Lockheed Martin is another appealing stock, trading at a forward P/E of 17, positioned to benefit from increased government spending on defense and aerospace [7][11]. - The company generated $54.7 billion in sales in the first nine months of 2025, reflecting a modest 4% year-over-year growth [11]. - Lockheed Martin provides a dividend yield of 2.8%, which is significantly higher than the S&P 500 average of 1.1% [11]. PayPal - PayPal is identified as the cheapest stock on the list, with a forward P/E of only 12 and a PEG ratio of less than 1, indicating strong long-term value [12]. - The company experienced a nearly 5% increase in net revenue to $24.5 billion and a 25% rise in net income to $3.8 billion during the first nine months of the year [15]. - PayPal has recently started paying a dividend, albeit with a low yield of 0.8%, which could contribute to overall returns [16].