ZoomInfo (NASDAQ: ZI) is a head-scratcher right now. The commercial contacts database expert has more than doubled its trailing earnings over the last two years and revenues rose 80% over the same period. At the same time, ZoomInfo's stock lost 70% of its value.

The price drop only grows more confusing when you consider how closely ZoomInfo's business model relates to the ongoing market frenzy for artificial intelligence (AI) stocks. The stock set an all-time low of $17.34 on August 18 and still trades less than 6% above that low water mark.

I think that's a huge mistake, and ZoomInfo looks like a great AI investment at these bargain-bin prices. Here's why I'm so excited about this undervalued growth stock today.

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Source Fool.com