Since marketing software platform Semrush (NYSE: SEMR) went public in early 2021, shares are in the green, but it has been a volatile ride. The stock is down more than 54% from its all-time high.

This decline, however, looks like a great time to scoop up a few shares on the cheap. Semrush is a leader in the marketing technology industry, and it is gaining more traction by the quarter. If you have some cash to invest, Semrush has the potential to dominate this space.

Semrush's marketing technology tools have attracted over 91,000 paying customers as it helps businesses reach their target audience. It has dozens of services ranging from short-term promotion tools to ones that help create long-term brand visibility and awareness. What makes Semrush unique is its wide-reaching dominance. While most rivals in this space focus on one or two product categories like search engine optimization, Semrush claims to have leading products in 19 different marketing technology categories.

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Source Fool.com