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Furthermore, with the third-quarter earnings season kicking off soon, the market could witness even more uncertainty. Therefore, we believe investors should avoid fundamentally unstable recently listed stocks such as Toast, Inc. (TOST), Duolingo, Inc. (DUOL), and Sovos Brands, Inc. (SOVO). Their current price levels do not justify their growth prospects.
However, DoubleDown Interactive Co. Ltd. (DDI) has exhibited positive momentum over the past month and is fundamentally well-positioned to deliver solid returns in upcoming months. So, it could be a solid pick now.
