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0 -0.0032051282051281 0.00263951734539971 0.00395927601809956 0.00773001508295633 -0.00331447963800896 0.000471342383107196 0.00848416289592765
Stock impact report

2 Growth Stocks with Explosive Upside and 1 We Question [Yahoo! Finance]

DigitalOcean Holdings, Inc. (DOCN) 
Company Research Source: Yahoo! Finance
market value, a lesson ingrained in investors who lost money in tech stocks during 2022. Deciphering which businesses can sustain their high growth rates is a challenge for even the most seasoned professionals, which is why we started StockStory. That said, here are two growth stocks with significant upside potential and one climbing an uphill battle. One Growth Stock to Sell: DigitalOcean (DOCN) One-Year Revenue Growth: +15.5% Built for simplicity in a world of complex cloud solutions, DigitalOcean (NYSE:DOCN) provides a simplified cloud computing platform that enables developers and small businesses to quickly deploy and scale applications. Why Does DOCN Give Us Pause? Net revenue retention rate of 99.8% shows it has a tough time retaining customers Bad unit economics and steep infrastructure costs are reflected in its gross margin of 59.9%, one of the worst among software companies Operating margin expanded by 5.8 percentage points over the last year as it scaled Show less Read more
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