Down 30% From Its Highs, Is Bill.com a Buy?

Bill.com (NYSE: BILL) has been one of the most highly valued tech stocks on the market in the past few months, so the sell-off in early 2022 has hit the company hard. Shares have fallen almost 30% from their all-time highs set in November 2021, but even after this, the long-term history tells an appealing story: Shares are still up more than 530% since its IPO in late 2019.

Bill.com has been a major winner because of its unique offering that has been used by thousands of businesses, but there are plenty of risks for this company. While it is helping small and medium-sized businesses (SMBs) become more digital when it comes to their back-house financial operations, there are worries about how Bill.com could succeed over the next five years. Investors could make this a small bet in their portfolio, but it is not a no-brainer investment. 

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Source Fool.com