3 Incredible Growth Stocks to Buy Right Now With $300

Growth stocks aren't just having a moment; they're having an era. Since the start of the last decade, growth stocks in the S&P 500 (SNPINDEX: ^GSPC) have produced more than twice the total returns of value stocks in the index.

Smart investors know growth stocks and value stocks will provide similar returns over the long run. As such, many investors may start shying away from growth stocks, with expectations for the market to revert to the mean.

However, there are still opportunities to find great growth stocks trading at attractive prices relative to their potential earnings increases. What's more, you don't need to spend big just to buy shares. Here are three incredible growth stocks you can buy now with just $300.

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1. Alibaba

Alibaba (NYSE: BABA) operates the largest e-commerce company in China. That business has been challenged in recent years, though.

Macroeconomic headwinds led to lower consumer spending over the last couple of years. That follows an antitrust ruling from 2021, which disallowed Alibaba from preventing merchants from selling their goods on other marketplaces and shopping platforms. As a result, competitors like PDD Holdings and Douyin (China's version of TikTok) have grown their share of the growing e-commerce market in the country.

Nonetheless, Alibaba's China e-commerce segment, mostly Taobao and Tmall, continues to produce revenue and cash flow growth. That allows it to invest in expanding its offerings, including Taobao Instance Commerce -- designed to compete with PDD and Douyin -- and international marketplaces (which grew sales 19% last quarter and is approaching profitability).

But the biggest area of investment for Alibaba is its cloud computing segment. The company is seeing accelerating revenue growth for the business, up 26% in its most recent quarter. That's driven by artificial intelligence (AI) services, which have climbed at a triple-digit rate for eight consecutive quarters.

Management sees a lot of room for that growth to continue. In September, the company increased its expectations for capital expenditures beyond its initial three-year outlook for 380 billion yuan (about $53 billion) from the start of the year. That should support strong cloud revenue growth and expanding operating margins for the business as it scales.

With the potential growth from Alibaba's cloud computing business, it should more than offset the challenges of the retail business. Investors can pick up shares of the stock for just $165 per share, which translates into a forward P/E ratio of just 23. While an investment in the Chinese company comes with some geopolitical risks, they're worth taking at the current stock price.

2. Twilio

Shares of Twilio (NYSE: TWLO) aren't as big of a bargain as they were in October. The company reported stellar third-quarter earnings at the end of the month, with its revenue accelerating to 15% year-over-year growth and beating analysts' expectations on both the top and bottom lines. The strong results sent shares higher.

Twilio's software helps businesses automate communication. Everything from texting security codes for two-factor authentication to the click-to-call buttons on websites uses Twilio's APIs. Its pricing model is also attractive to developers, since it charges per use instead of a large subscription price.

That model has downsides for Twilio, though, which has to pay for using wireless networks to send texts and make calls. As a result, it doesn't produce the operating leverage of a typical cloud software business.

Nonetheless, the company is seeing excellent results as it grows its customer base and holds on to existing customers. Net revenue retention came in at 109% last quarter, suggesting existing customers are finding new ways to use Twilio's services.

Generative AI presents a big opportunity for Twilio. As developers build out AI services that can make calls for users to do things like make reservations, set appointments, or negotiate a cable bill, they'll rely on Twilio's service.

The stock trades around $130 per share as of this writing, giving it a forward P/E of about 27. With strong revenue growth from a sticky customer base, it's a fair price to pay for the stock, and could be worth a chunk of your growth stock investment budget.

3. Salesforce

Salesforce (NYSE: CRM) is positioning itself as the premier agentic AI platform for enterprises. As a leading enterprise software provider across sales, marketing, customer service, and other verticals, it has a leg up on many other competitors.

The company's newest product, Agentforce, enables businesses to use their proprietary data stored in Salesforce's Data Cloud to develop AI agents that can automate or assist certain tasks across Salesforce's software. With enterprise spending on AI set to climb fivefold over the next five years, according to IDC, management thinks it can win a substantial share of the market. Agentic AI services reached just $440 million in annual recurring revenue in the second quarter, so there's a lot of room to grow.

That strength should produce strong revenue growth and margin expansion over time. Management's long-term outlook calls for organic revenue growth of more than 10% per year on average through fiscal 2030. At the same time, it expects operating margin expansion as it scales. As a result, investors can expect bottom-line growth solidly in double-digit territory.

Shares of Salesforce have struggled in 2025, with the stock falling 30% from its late-2024 highs. You can pick up shares for just $254 as of this writing, which translates into a forward P/E ratio of about 22. For a company set to produce solid double-digit earnings growth fueled by AI adoption, that price is an excellent value, considering the growth potential ahead for the business.

Adam Levy has positions in Salesforce. The Motley Fool has positions in and recommends Salesforce and Twilio. The Motley Fool recommends Alibaba Group. The Motley Fool has a disclosure policy.