2024-03-28 11:17:15 ET
Summary
- DocuSign is an often-overlooked tech stock with a low valuation and potential for strong growth.
- The company has been the subject of many buyout rumors, but at less than 4x forward revenue the company works well as a standalone investment too.
- The company reported accelerating billings growth in Q4. International revenue continues to outpace overall revenue growth as well.
With the S&P 500 hovering around record highs at ~5,200, investors would be wise to lean in on more "growth at a reasonable price" trades that sit in more under-recognized corners of the market....
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For further details see:
DocuSign: Green Shoots Are Emerging In Billings