Shares of DocuSign (NASDAQ: DOCU) crushed the broader market in 2019. The stock gained 85% last year, nearly tripling the return of the S&P 500 and setting it apart as a winner among growth stocks.
The company went public in April 2018 at $29 per share, and the stock has returned a phenomenal 150% in less than two years. But as we know, historical returns matter little as the stock market is forward looking.
The most important questions for investors is: Can DocuSign continue to outperform the market and its peers long term? And will it create significant investor wealth? Well, I am optimistic about the company's prospects, and here's why.
Source Fool.com