1 High-Growth Stock Down 52% to Buy Right Now

By Neil Rozenbaum – Jul 4, 2024 at 12:00PM

NASDAQ: DLO

DLocal

Market Cap

$2B

Today's Change

(-0.49%) -$0.04

Current Price

$8.04

Price as of July 15, 2024, 3:49 p.m. ET

This South American company is still profitable and growing fast.

In this video, I will talk about DLocal stock (DLO -0.49%), which is down over 50% this year, and explain why I remain bullish on the company.

*Stock prices used were from the trading day of June 28, 2024. The video was published on July 3, 2024.

Neil Rozenbaum has positions in DLocal. The Motley Fool recommends DLocal. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.