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ChatGPT Completely Changed My Mind About This Growth Stock

The AI platform is disrupting how people do business.

By Parkev Tatevosian, CFA – Feb 1, 2023 at 12:09PM EST

ChatGPT has the potential to change the learning process for students worldwide. That's terrible news for the education technology company Chegg (CHGG +4.89%). This video explains why I am changing my recommendation on this growth stock.

*Stock prices used were the afternoon prices of Jan. 30, 2023. The video was published on Feb. 1, 2023.

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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.
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X@TMFParkev

Parkev Tatevosian, CFA 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 his link, 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
$0.75
(+4.89%)+$0.04

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

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