4 Reasons UiPath Is a Great Growth Stock to Buy and Hold

Looking for a stock that could put up enormous gains? If you can keep your cool for at least a few years, there's a company specializing in robotic process automation that could push your portfolio up through the roof.

Shares of UiPath (NYSE: PATH) recently bounded higher in response to first-quarter results (for fiscal year 2023) that were much better than expected, but much of that excitement has already fallen away. Here's why patient investors who buy this stock now to hold for the long run have a lot to look forward to.

Office workers can accomplish a lot more with workstations connected to the internet than they ever could with a phone and a rotating card file. That said, many of the tasks they perform are repetitive in nature.

Source Fool.com