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Remember the good old days of tech stocks? From 2019 to 2021, these companies soared in share price, and yet all but collapsed in the coming years. Yet one that has yet to climb back to significant highs is Lightspeed Commerce (TSX:LSPD).
Lightspeed stock is one of the tech stocks that made millionaires during that time and probably lost millionaires as well. Shares hit an all-time high of around $160 per share before dropping 30% in a day after a short-seller report. The company fell even further from there, with tech stocks and pandemic-related stocks falling as well.
But the thing is, the company certainly doesn’t deserve the drop. And according to analysts, it might be time to get back in. You could have a chance at becoming a millionaire once again.
Earnings surprise?
Analysts now expect strong earnings when Lightspeed stock delivers its earnings report at the beginning…
