DOCN - 2 No-Brainer Stocks to Buy With $65 in April
2024-04-03 06:29:00 ET
The benchmark S&P 500 index is up 10% so far in 2024, and it entered April at an all-time high. But even with some S&P 500 stocks trading at new highs, there are still some opportunities for investors looking to buy growth stocks.
In fact, there are plenty of individual stocks still sitting below their all-time highs set during the tech frenzy in 2021, because they saw sharp reversals in 2022. SentinelOne (NYSE: S) and DigitalOcean (NYSE: DOCN) are two great examples.
SentinelOne is a cybersecurity powerhouse with artificial intelligence (AI) at its core, and DigitalOcean operates a cloud computing platform designed for small and mid-size businesses. Their stock prices are down roughly 69% and 70%, respectively, from their best-ever levels. Here's why the shares look attractive for investors with $65 available to invest.
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2 No-Brainer Stocks to Buy With $65 in April