Growth stocks are companies with the potential to grow their businesses faster than the industry average, thereby delivering superior long-term returns.
These companies typically reinvest their earnings to fuel expansion rather than distribute dividends. However, since their operations are still in early stages of development, these companies may pose higher investment risks.
Against this backdrop, let’s look at two high-quality growth stocks trading under $20.
BlackBerry (TSX:BB), which offers intelligent security software and services, is my first pick.
The Waterloo-based company reported impressive second-quarter results for fiscal 2026, beating guidance. Its revenue of $129.6 million beat its internal guidance of $115-$125 million amid healthy performances from its QNX, Secure Communications, and Licensing segments.
Author summary: Two growth stocks under $20 offer attractive buying opportunities.