2023-06-02 05:16:00 ET
The stock market is seeing broad gains this year following a miserable 2022. The technology sector, especially, is outperforming and the Nasdaq-100 index is up 32% year to date. But it still has some ground to make up before reaching its previous all-time high.
Many individual, high-quality technology stocks are doing better in 2023 as well. And yet, share prices of Duolingo (NASDAQ: DUOL) and Bill.com (NYSE: BILL) remain 23% and 70% below their all-time highs, respectively, despite reporting underlying strength in their businesses.
Here's why that dichotomy presents a buying opportunity for investors.
For further details see:
2 Super Stocks Down 24% and 70% You'll Regret Not Buying on the Dip