Orchastrated end of day Auction, page-21

Comparative analysis.

Make a rough figure for future steady income, and a time frame for many growth stocks with a similar riskiness. Calculate the NPV so that it matches their current MCs, this will give you an estimate of how much the market is demanding for growth stocks in your risk category atm. The comparison is very necessary as you need to know the 'market price of risk' or whatever its called.

Then buy the ones which look cheapest to you, where you also believe in the products/business' viability. Thats about the best you can do. It is actually surprising how well the market caps match up for stocks with the same growth prospects though.