CSPR - Don't Sleep On Purple Innovation's Shares: It's A Great Growth Stock

• Shares of Purple Innovation, a mattress company, have lost 40% of their value.
• What the market doesn't like: Doubts about distinguishability and sustainability of growth, and the secondary offering.
• I disagree with all three aspects and I think this has led to mispricing.
• What I like: Good growth performance pre/during covid-pandemic, excellent innovation and marketing skills.
• I conclude that the mispricing of the stock, combined with good growth statistics, leads to a good entry point to buy.

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