Growth stocks offer the potential to outperform the stock market. Picking individual growth stocks takes more effort than buying an ETF, but the returns can make it worth it.One common problem with growth investments is that they attract many investors and end up with high valuations. High P/E ratios and PEG ratios don’t leave much room for error. Some stocks continue to soar despite high valuations thanks to strong financial growth. However, combining financial growth with reasonable valuations is possible ...