61 Billion Reasons to Buy Unity Software Stock
Shares of Unity Software (NYSE: U) were hammered following the release of the company's first-quarter results on May 10 with the stock dropping 37% in a single session as investors panicked at its terrible guidance.
Though Unity delivered record quarterly revenue and impressive gains across its business segments, it expects a major slowdown in its top-line growth this quarter. However, a closer look indicates that its problems are likely short term in nature.
What's more, the huge end-market opportunity the company is sitting on in real-time 3D content makes buying Unity stock a no-brainer following its big plunge.
Source Fool.com