In this article, I will highlight two growth stocks that I believe are great for revitalizing your portfolio. I consider both investments to be low risk because both involve security of valuation. I have both and am considering upgrading.

An underrated immense tech company

Investing in large tech can be daunting because the valuations of these companies tend to be very high. However, this is not the case Alphabet (NASDAQ:GOOG.L)(NASDAQ:GOOG). Based on an advanced valuation method called discounted earnings analysis, I believe the stock is about 20% undervalued.

I love Alphabet because it has such a diverse set of technology offerings. Additionally, it is currently one of the leaders in the AI ​​arms race. I think the company is run really well by Sundar Pichai. Here are some current highlights that make me confident in the alphabet:

• Year-on-year revenue growth by 11.8%
• Year-on-year augment in diluted earnings per share by 44.9%
• Net profit margin 25.9%

This growth is something I am ready for. I don’t say this lightly – Alphabet is the second largest stock in my portfolio. Additionally, its price-to-earnings ratio is just 26.5. Therefore I am confident that I am getting good value for money. For comparison, Microsoft it has a price-to-earnings ratio of 35.5.

An underrated fantasy entertainment company

I love niche companies that develop products that are unique. I think this sets them apart from the competition in a way that can create lasting success if done properly. It’s much harder to retain customers when there are many other companies doing the same thing as you. Game workshops (LSE:GAW) has carved out a niche in highly innovative board games that fans love.

I like that some of the company’s clients have been with the company for over 30 years. Moreover, management stated that they are in business for the long term. He says there may be periods of low and high growth, but they are committed to long-term survival and success. In my opinion, this honesty about the realities of the business bodes well for long-term shareholders of Games Workshop, which I aspire to be.

Here are some of the most crucial events that confirm my belief in this investment:

• Year-on-year revenue growth by 14.5%
• Year-on-year augment in diluted earnings per share by 12.5%
• Net profit margin 28.4%

Games Workshop stock has provided a sense of stability in my portfolio, which has a hefty emphasis on technology. The price-to-earnings ratio is just 23.5 and, based on my discounted cash flow analysis, I believe the market has significantly underestimated it. That’s why I’m a confident shareholder.

Here’s why I only own 10 stocks

I support diversification, but my portfolio is quite concentrated. When people have been investing for a long time, they begin to better understand the nuances of each opportunity. This benefit allowed me to practice 80/20 analysis in my portfolio. In brief, which 20% of my investments produce 80% of the best results? Over time, I augment these items and reduce or eliminate others. This keeps my profits competitive.

I have never felt that Alphabet and Games Workshop deserved to be cut from my resources. I don’t see this changing anytime soon.