1 More Reason to Buy My Top Growth Stock For 2022
Late in December, I wrote that if I could only buy one stock in 2022, it would be Chegg (NYSE: CHGG). The education technology company has a long-lasting competitive advantage that will be difficult to overcome.
And due to short-term student behavioral factors caused by the changing dynamics of the pandemic, the stock got hammered in 2021, creating an attractive entry point for investors to buy. Since I wrote that article, the omicron variant has taken hold, and COVID-19 cases are surging. Which has led to several universities starting the spring semester with remote instruction. Here's why that's one more reason to buy Chegg stock for 2022.
Source Fool.com