DuolingoNASDAQ: DUOL

MercadoLibre is a great long-term play on Latin America's e-commerce market. Duolingo will continue to dominate the market for online learning apps.

However, the Russell 2000 does contain a few winners. An index with 2,000 holdings ought to have a few top performers.

Software stocks may be receiving mixed reactions from investors, but quality businesses are worth investing in during all market environments. Duolingo is a dominant player in the language learning market.

Duolingo's Learning and Investment Flywheels give it huge competitive advantages. DUOL's market leadership in language learning will continue to propel its growth. The company's business model of gamifying education and leveraging social media are unique.

PITTSBURGH, June 26, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (Nasdaq: DUOL), the world's leading mobile learning platform, announced today that it has appointed Mario Schlosser as an independent board member.

Duolingo stock is up 180% since the start of 2023, driven by strong earnings. AI tools enhance user engagement and support revenue growth.

Investing in large-cap stocks has proven to be a successful strategy for investors seeking growth while preserving stability. However, large-cap companies often experience less explosive growth than their smaller counterparts.

Duolingo (DUOL) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Duolingo, Inc. (DUOL) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, DUOL crossed above the 200-day moving average, suggesting a long-term bullish trend.