Beaten-Down Figma Shares Rebound on Strong Growth Outlook. Is the Stock a Buy?

After rejecting a buyout offer from Adobe and instead opting to go public, Figma (NYSE: FIG) has struggled in terms of stock price. The collaborative design platform company has been caught in the software-as-a-service (SaaS) sell-off, which has taken the stock to below its $33 IPO price. For a stock that opened at $85 its first day of trading and closed at $115.50, it has been a hard fall from grace. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks ...