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Is This Growth Stock a Buy After Delivering Spectacular Results?

The stock price is jumping higher, but that does not mean it's too late to buy.

By Parkev Tatevosian, CFA – Nov 6, 2022 at 9:35AM EST

Chegg (CHGG +4.12%) is an education technology company experiencing solid top- and bottom-line growth. This growth stock reported third-quarter earnings that thrilled stock market investors. This video highlights whether this growth stock is a buy right now.

Stock prices used were the afternoon prices of Nov. 3, 2022. The video was published on Nov. 5, 2022.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian has positions in Chegg. The Motley Fool recommends Chegg. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Chegg Stock Quote
Chegg
NYSE: CHGG
$0.97
(+4.12%)+$0.04

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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