1 Growth Stock Down 72% to Buy Hand Over Fist During the Nasdaq Correction

The Nasdaq-100 has been in sell-off mode since mid-February, but it officially entered correction territory this month when the losses exceeded 10% from the index's record high. However, history proves the U.S. stock market always climbs to new highs over a long enough period of time, and so the recent weakness is likely to be a buying opportunity for long-term investors.Artificial intelligence (AI) stocks have been driving the broader market higher for the last couple of years, and while there is no shortage of high-quality opportunities to consider right now, there is one under-the-radar AI stock that many investors might be overlooking: Docusign (NASDAQ: DOCU). It has soared by 51% over the past year, but it's still trading 72% below its all-time high from 2021, so there is plenty of room for further recovery.Docusign is a leader in digital document technologies that help businesses manage their contract lifecycles more efficiently, and AI is now central to its product suite. Its stock is attractively valued right now, especially in light of the company's steady revenue growth and soaring profitability in fiscal 2025 (which ended on Jan. 31). Here's why it might be a great long-term buy.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool