Should You Buy These Beaten-Down Nasdaq-100 Stocks?
The tech-focused Nasdaq-100 is home to some of the most innovative and fastest-growing companies around. As of May 14, most of the stocks in the index are up year to date. But some of them still offer attractive long-term growth prospects and are trading well off their recent highs, including (NASDAQ: DDOG) and The Trade Desk (NASDAQ: TTD).
Datadog shares are currently down 17% year to date, while The Trade Desk shares are down 34.5%. However, these growth stocks jumped off their recent lows following strong earnings reports. Is it time to buy them?
Image source: Getty Images.
Source Fool.com
Datadog Inc. Stock
€122.34
-0.670%
The community is currently still undecided about Datadog Inc. with 1 Buy predictions and 0 Sell predictions.
As a result the target price of 175 € shows a positive potential of 43.04% compared to the current price of 122.34 € for Datadog Inc..
