1 Growth Stock Down 70% You'll Regret Not Buying on the Dip

By Parkev Tatevosian, CFA – Jul 7, 2023 at 3:45AM

NYSE: DOCN

DigitalOcean

Market Cap

$3B

Today's Change

(3.30%) $1.07

Current Price

$33.51

Price as of April 26, 2024, 4:00 p.m. ET

If revenue growth is what you're looking for, this stock has that in abundance.

Fool.com contributor Parkev Tatevosian highlights one growth stock that is trading at a relatively inexpensive valuation and why it might be an excellent buy for long-term investors.

*Stock prices used were the afternoon prices of July 4, 2023. The video was published on July 6, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends DigitalOcean. 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.