I don't think there's a time limit on growth. Growth is also market perception based on what P/E multiple the market pays for your share. Value stocks are usually utilities, both actually and figuratively. We all know that Facebook is not a utility nor a necessity. They need growth.
I disagree. Growth is an attitude. I worked at startups and at mature companies. In a growth company you usually do not have to justify work in term of profitability but in terms of growth. Then when the company is sufficiently large different management is brought in and the company is made profitable. Budgets are put in place. If you want to get something done, you have to ask for budget, and justify the cost yearly.
