Is Hubspot Stock a Good Long-Term Investment?

In its early years, technology platform provider (NYSE: HUBS) specialized in helping small businesses execute inbound marketing, with the founders even writing a book about the topic. Since then, the company expanded and now offers a range of customer relationship management (CRM) software.

This expansion helped Hubspot grow its business. After all, the CRM industry was a $64.4 billion market last year.

Hubspot shares hit a 52-week high of $581.40 at the end of July, but recently retreated along with the broader stock market's dip. Is this an opportunity to buy Hubspot shares?

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Source Fool.com