1 Beaten-Down Growth Stock Down 38% to Buy Now in April

By Parkev Tatevosian, CFA – Apr 19, 2024 at 5:30AM

NASDAQ: APP

AppLovin

Market Cap

$23B

Today's Change

(-1.18%) -$0.83

Current Price

$69.74

Price as of May 1, 2024, 4:00 p.m. ET

Revenue growth might be decelerating, but it is still expanding by more than double digits.

Fool.com contributor Parkev Tatevosian has discovered one growth stock that is down meaningfully off its high that deserves consideration.

*Stock prices used were the afternoon prices of April 16, 2024. The video was published on April 18, 2024.

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