(NASDAQ: DOCU) has taken investors on a wild ride since its IPO in 2018. The e-signature services leader went public at $29, skyrocketed to an all-time high of $310.05 on Sept. 3, 2021, but now trades at $41. A $10,000 investment in its IPO would have grown to nearly $107,000 before shrinking back to about $14,000.

A 40% return in five years isn't too bad, but it likely disappointed investors who had expected DocuSign to generate bigger multibagger gains. Could this out-of-favor growth stock still help you retire as a millionaire over the next few decades?

Image source: Getty Images.

Continue reading

Source Fool.com