1 Top Software Stock Turning a Corner on Profitability -- Is It Too Late to Buy?
Education technology has, by and large, been a losing investment during the bear market and ensuing economic chaos of 2023. An owl named Duo has been holding its own, though. Duolingo's (NASDAQ: DUOL) family of education apps continues to win over lots of fans, translating to fast revenue growth. More importantly, in this present market, profitability is scaling nicely for Duolingo -- and could have room to run higher.
Shares of the education app company have rallied an impressive 130% so far in 2023 (as of early October). Is it too late to buy?
A slew of digital education services have popped up in the last decade, and a handful of them went public via initial public offering (IPO) during the pandemic. None of the stocks -- which include Coursera, Udemy, , and even Duolingo -- have done so hot.
Source Fool.com
