I've had $DUOL stock on my watchlistfor a while now . The stock is still rising and the downside is not coming. The stock is very overvalued in my opinion, so I will keep waiting for a significant drop so I can buy at a better price.
At what price would you buy shares of $DUOL?
Probably too much of a growth stock for me, and in fact I don't quite see why this company should be a long-term growth stock.
I've had Duolingo on my watchlist for a long time, but the high price is a problem.
The company is quite a growth stock and they are obviously doing well, but this is not a stock that would fit into my portfolio.
I know their app and apparently the company is doing really well, but the price is really high so I won't be buying now.
The company looks quite interesting at first glance. Low debt, growing sales, and net income is up nicely too. Only the price is pretty high as you write, so I'd probably wait for some of that drop too :).