The Smartest Growth Stock to Buy With $20 Right Now

Not a lot of stocks can be bought for less than $20, and many sub-$20 stocks are best avoided by most investors. However, there are some good buys under $20 a share, if you know where to look and what to look for. One of these stocks is in the midst of an impressive turnaround. I'm talking about Lyft (NASDAQ: LYFT), the No. 2 ride-sharing operator in the country.While larger rival Uber Technologies (NYSE: UBER) has attracted much of the recent attention from investors in the space, Lyft is now profitable, growing solidly, and innovating across the business, paving the way to future growth.Lyft just reported fourth-quarter earnings, posting 15% growth in gross bookings to $4.3 billion. Revenue rose 27% year over year to $1.55 billion, which was slightly ahead of the consensus at $1.54 billion, and revenue continued to outgrow bookings as it became more efficient with its driver and rider incentives. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool