One of the most satisfying aspects about being a value-oriented investor is when you can put highly desirable growth stocks on your watch list, and then seize the opportunity to buy them after a deep fall. BigCommerce (BIGC), an
BigCommerce: Finally, It's Time To Buy The Dip
Summary
- Shares of BigCommerce have fallen more than 50% from peaks, despite a continuation of its strong growth path.
- BigCommerce is a rising player in a multitrillion-dollar e-commerce industry, with a stable of highly recognizable retail names in its client base.
- Premium plans and a rising share of enterprise clientele has raised BigCommerce’s profile.
- The stock’s valuation has fallen to reasonable levels, trading closer to ~13x forward revenue.
With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since 2017. He has been quoted in many web publications and his articles are syndicated to company pages in popular trading apps like Robinhood.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in BIGC over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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