1 Growth Stock Down 81% You Can Buy Now in September 2023

By Parkev Tatevosian, CFA – Sep 21, 2023 at 4:15AM

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

Revenue growth has propelled increases in cash flow for this explosive growth stock.

Fool.com contributor Parkev Tatevosian highlights one growth stock that investors can buy at a discount valuation.(DOCN 3.30%)

*Stock prices used were the afternoon prices of Sept. 18, 2023. The video was published on Sept. 20, 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.