1 Ridiculously Cheap Growth Stock Down 74% to Buy Hand Over Fist

By Parkev Tatevosian, CFA – Jun 25, 2024 at 5:32AM

NYSE: DOCN

DigitalOcean

Market Cap

$3B

Today's Change

(2.39%) $0.81

Current Price

$34.68

Price as of June 28, 2024, 2:16 p.m. ET

This enterprise services company caters to small businesses with innovative solutions.

Fool.com contributor Parkev Tatevosian highlights one undervalued growth stock that long-term investors can buy today.

*Stock prices used were the afternoon prices of June 22, 2024. The video was published on June 24, 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.