If I Could Buy Only 1 Stock Right Now, This Would Be It
Bill.com (NYSE: BILL) didn't receive much coverage in the financial press for most of this year as the market obsessed over the much-touted "Magnificent Seven." When it did get the spotlight, it was due to a gut-wrenching share-price plunge.
For the past couple of years, the provider of cloud-based billing software and owner of the website that bears its name has been a pariah on Wall Street. This got my contrarian instincts tingling, and already there are signs that Bill.com stock could turn out to be the comeback story of the year -- not in time for 2023, but 2024's tale hasn't been written yet.
Early November was memorable for Bill.com's shareholders, but not in a positive way. It was absolute carnage as Bill.com stock plunged from nearly $90 to $56 in a matter of days.
Source Fool.com
