monday.com stock finally a buy, after post-earnings selloff

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Unlike the everything rally of the past decade and during the 2021 market bubble, the software stock landscape has been highly selective over the past two years. Only top-tier companies have outperformed, and cloud collaboration giant monday.com ($MNDY) is a prime example. Over the last twelve months, MNDY has soared nearly 100%, vastly outpacing both the Nasdaq and its direct competitors Asana ($ASAN) and Smartsheet ($SMAR), even after the recent pullback.

This week's sharp drop in MNDY’s stock price marks a rare buying opportunity for this high-growth, profitable entity. Here’s why.

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