Buy Chegg Stock for 150% Upside From Its Earnings Dip

Chegg stock, for those who haven't followed its post-earnings action, saw a material drop in stock price, with investors over-reacting to a perceived slowdown in 2021.

That is, Chegg stock sellers perceived Chegg's management as projecting a material slowdown in e-learning demand in 2021 as the Covid-19 pandemic passes and students return to school.

Luke, however, sees the connected-learning megatrend persisting over long term, thanks to hybridized education. This, Luke argues, will turn Chegg into the Amazon of e-learning.

Watch the video to hear Luke's full argument on why you should buy CHGG stock on this dip.

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On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this video.

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#CHGG #Chegg #ConnectedLearning