Elastic NV (NYSE: ESTC) isn't a household name like Microsoft Corp (NASDAQ: MSFT) or NVIDIA Corp (NASDAQ: NVDA), but it's been one of the best-performing tech stocks in recent months. After climbing more than 50% since September, shares of the $11 billion AI-driven search company pulled back nearly 8% in March 3rd's session despite delivering an earnings report that crushed analyst expectations.
This dip could be nothing more than profit-taking - but for investors who haven't been paying attention, it may also be one of the best entry points in months.
