Down 46%, Is This Hot Growth Stock a Once-in-a-Decade Buying Opportunity Right Now?
Many investors have a preference for businesses generating strong revenue growth. This is a high-visibility metric that points to a clear product-market fit. The hope is that this setup will result in outsized investment returns.There's a company that fits that mold whose stock has soared 50% in the past 12 months. Even with that type of gain, as of this writing, shares are still 46% off their peak from November 2021.Does the dip mean this hot growth stock now presents a once-in-a-decade buying opportunity?Continue reading
Many investors have a preference for businesses generating strong revenue growth. This is a high-visibility metric that points to a clear product-market fit. The hope is that this setup will result in outsized investment returns.
There's a company that fits that mold whose stock has soared 50% in the past 12 months. Even with that type of gain, as of this writing, shares are still 46% off their peak from November 2021.
Does the dip mean this hot growth stock now presents a once-in-a-decade buying opportunity?
