Down 25% This Year, Is Bill Holdings Stock Ready for a 2024 Rebound?

With the explosive growth of the "Magnificent Seven" stocks, the S&P 500 has put in a sustained rally throughout 2023. Its total return level is 25% this year, more than double its long-run average of a 10% compound annual growth rate (CAGR). But a lot of smaller stocks -- especially unprofitable technology companies -- failed to join the party.Enter Bill Holdings (BILL 2.44%). The financial technology platform for small and medium-sized businesses (SMBs) is down 25% this year despite posting 33% year-over- ...