7investing Lead Advisor Steve Symington’s top stock for March 2022 is benefitting from recent labor shortages as it uses AI to automate mundane tasks, freeing up employees to focus on more productive work. Even so, rapid adoption of this company’s technology has been shown to create far more jobs than it displaces. And its clear value proposition and focus on innovation has not only resulted in consistently strong new customer addition, but also high retention rates for its already large enterprise client base. Yet this stock has been beaten down despite strong results from its underlying business, creating a perfect opportunity for long-term investors to open or add to their positions.

Transcript

My top stock idea right now is a fast-growing tech stock that’s been beaten down despite strong results from its underlying business.

I’m 7investing Lead Advisor Steve Symington. We’re here to empower you to invest in your future by providing our top 7 stock ideas every single month.

My top stock idea is benefitting from recent labor shortages as it uses artificial intelligence to automate mundane tasks and free people up to do much more productive work.

But make no mistake, this is a net job creator that provides billions in economic benefit to its thousands of enterprise clients. And its value proposition is so clear that it’s not only growing its client base very quickly, but enjoys strong retention from its existing base.

I think its recent dip is going to provide a fantastic opportunity for patient, long-term investors to open or add to their positions, and it should prove short-lived. I believe the stock will go on to substantially beat the broader market over the long term.

To gain access to all 7 stocks we’re recommending this month, including the stock I just described, just go to 7investing.com/subscribe or click the link at the end of this video.

Again I’m Steve Symington, we’re 7investing, and we’re here to empower you to invest in your future.