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1 Tech High Growth Stock still 30% off its highs. ARK adding it almost everyday! Should you?
By Dr Wealth  •  July 5, 2021
While most growth stocks have risen by about 50% since their lows back in early May, we have one company that is still lagging behind. Trading at about 30% off its ATH and currently sitting in severely oversold territory, I believe that this stock should be in your watchlist. ARK Invest believes it too as they have been adding to it almost everyday: A recent IPO stock founded back in 2005, let’s take a look at UiPath (NYSE:PATH) and why I think that its price point at its present levels may be ripe for an entry. Though technicals indicate the possible formation of a renewed rally, let us also take a chance to explore what UiPath actually does and how strong their fundamentals are compared to other fast-growing tech companies. What is UiPath and what do they do? At the very onset, we must be aware of what Robotic Process Automation (RPA) is....
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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