1 Nasdaq Growth Stock to Buy After Earnings
The tech-centric Nasdaq-100 index might be in the throes of a bear market right now after falling 28% from its all-time high, but there are plenty of individual stocks in the technology sector delivering stellar performances from an operational perspective.
It's a reminder of an important lesson: stock prices aren't everything. A stock that has fallen significantly doesn't mean it represents value, but a business that exceeds expectations combined with a discounted stock price can be a game-changer for most portfolios over the long term.
Digital language-education company Duolingo (NASDAQ: DUOL) definitely fits in the latter category, at least when you look at its first-quarter 2022 results, which revealed soaring growth, among other positive surprises. Here are the details and why this stock is a buy after its earnings release.
Source Fool.com
