Published on 29 May 2024 on Insider Monkey via Yahoo Finance

Is Duolingo, Inc. (NASDAQ:DUOL) An Undervalued High Growth Stock?

We recently compiled the list of the 10 Best Fast Growth Stocks To Buy according to the hedge funds using the latest sentiment data. In this article, we are going to take a look at where Duolingo, Inc. (NASDAQ:DUOL) is also considered an undervalued growth stock according to hedge funds. Recently Clearbridge said the following about Duolingo Inc.:

“Duolingo, Inc. (NASDAQ:DUOL), in the consumer discretionary sector, is a category leader in online language learning. With a freemium digital education model offering 40+ languages, Duolingo’s application has exhibited rapid growth in users and conversion to paid subscribers. The company has opportunity to expand its English-learning focus as well as broaden into new categories like math and music. Duolingo offers a long history of product innovation, marketing efficiency and attractive profitability/unit economics.”