As overall stock valuations hover near historic highs, it’s harder than ever to find fast-growing companies with reasonably priced shares. We found four that fit the formula for big gains.
CYCLING UP Workers at Lam Research, whose memory-storage hardware is in demand again.

FEARS OF A DOMESTIC SLOWDOWN and the escalation of the U.S.-China trade war created plenty of headaches for shareholders this summer. But even after dramatic market swoons in May and August, investors still seem willing to pay top dollar for stocks—especially those that promise substantial growth.

As measured by the Shiller price-to-earnings ratio, which compares companies’ share prices to the 10-year, inflation-adjusted average of their profits, the S&P 500 sat at just above 29 in mid-August. That’s higher than at nearly any other time on record, with the

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