1 Super Growth Stock Down 69% to Buy Hand Over Fist in 2024

By Parkev Tatevosian, CFA – Mar 21, 2024 at 4:32PM

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

Investing in growth stocks entails accepting higher-than-average risk but also has the potential for larger-than-average returns.

Fool.com contributor Parkev Tatevosian highlights one growth stock that long-term investors can consider adding to their portfolios.

*Stock prices used were the afternoon prices of March 19, 2024. The video was published on March 21, 2024.

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.