CFLT - 1 Top Growth Stock You Will Regret Not Buying Right Now Before It Soars
2024-05-16 06:51:00 ET
Data streaming platform provider Confluent (NASDAQ: CFLT) hasn't received much love on the stock market. Shares of the company are up only 25% in the past year, underperforming the 49% jump in the Nasdaq-100 Technology Sector index during the same period.
However, things are likely to change in 2024. Confluent started the year with a solid set of results for the fourth quarter of 2023, and it has now followed up its performance with another impressive showing for the first quarter of 2024. The company released its Q1 results on May 7, and its stock jumped more than 8% the following day.
Let's see why investors cheered Confluent's latest results.
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1 Top Growth Stock You Will Regret Not Buying Right Now Before It Soars