CHGG Stock Forecast 2019
Chegg Inc (NYSE:CHGG) is, truth be told, one of those boring tech companies that get overlooked by investors searching for a technology stock with a sizzle. What the company lacks in excitement, it makes up for in gains. The digital education company's share price advanced 119% in 2017 and 73.8% in 2018.
To put that into perspective, the New York Stock Exchange (NYSE) was up 15% in 2017 and lost a staggering 11.5% of its value in 2018. Throughout 2018, Chegg reported strong double-digit revenue growth in the first, second, and third quarters, and increased its full-year 2018 guidance.
The company has strong fundamentals, a great.
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Chegg Inc (NYSE:CHGG) is, truth be told, one of those boring tech companies that get overlooked by investors searching for a technology stock with a sizzle. What the company lacks in excitement, it makes up for in gains. The digital education company's share price advanced 119% in 2017 and 73.8% in 2018.
To put that into perspective, the New York Stock Exchange (NYSE) was up 15% in 2017 and lost a staggering 11.5% of its value in 2018. Throughout 2018, Chegg reported strong double-digit revenue growth in the first, second, and third quarters, and increased its full-year 2018 guidance.
The company has strong fundamentals, a great.
Den vollständigen Artikel lesen ...