It’s been an impressive month thus far for the Nasdaq-100 Index (QQQ), which is now up more than 26% year-to-date. However, there are plenty of opportunities especially with high-quality stocks like Amazon (NASDAQ:) and Paypal (PYPL) down more than 10% from their highs.It’s been an impressive month thus far for the Nasdaq-100 Index (QQQ), which is en route to the psychological $400.00 level, and now up more than 26% year-to-date. This impressive performance laps an incredible 47% return last year, making this one of the best back-to-back performances we’ve seen since 1995/1996 and 1998/1999. In 1998/1999 the market saw a 2 year gain of approximately 160%. The index experienced a 2 year gain of 84% in 1995/1996. However, while the impressive momentum we’ve seen certainly confirms that we’re in a strong bull market, it’s becoming very difficult to find any value out there. Instead, over 100 stocks are now trading at 30x or more sales. Many stocks names have also been extended since their last base. There are some high-growth stocks at reasonable valuations. Further weakness could present an opportunity for low-risk investing. Let’s take a look at two of these names below:

(Source: www.TC2000.com

Amazon (AMZN:) and PayPal (NASDAQ;) have very few things in common. The former is a massive mobile payments company, and the latter is an online retailer with one of the world’s most comprehensive cloud platforms: Amazon WebServices. Both companies share the following key features:

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