1 Small-Cap Stock Down 34% to Buy on the Dip
Investors snapped up shares of some of America's largest artificial intelligence (AI) companies over the past couple of years, which isn't surprising since their incredibly strong returns have provided most of the propulsion that has driven the S&P 500 to back-to-back annual gains of more than 25%. The last time the market had a two-year stretch like that was in 1997 and 1998, as it headed toward the early 2000 peak of the dot-com bubble. But there are some AI opportunities at the smaller end of the market that might be getting overlooked. Tenable (NASDAQ: TENB) is a leader in the vulnerability management segment of the cybersecurity industry, and it's using AI to deliver better protection for its customers than ever before. Tenable stock remains 34% below its all-time high from 2022, but here's why investors might want to buy the dip.Image source: Getty Images.Continue reading
Investors snapped up shares of some of America's largest artificial intelligence (AI) companies over the past couple of years, which isn't surprising since their incredibly strong returns have provided most of the propulsion that has driven the S&P 500 to back-to-back annual gains of more than 25%. The last time the market had a two-year stretch like that was in 1997 and 1998, as it headed toward the early 2000 peak of the dot-com bubble.
But there are some AI opportunities at the smaller end of the market that might be getting overlooked. Tenable (NASDAQ: TENB) is a leader in the vulnerability management segment of the cybersecurity industry, and it's using AI to deliver better protection for its customers than ever before. Tenable stock remains 34% below its all-time high from 2022, but here's why investors might want to buy the dip.
Image source: Getty Images.
