2 Red-Hot Growth Stocks to Buy in 2024 and Beyond [Yahoo! Finance]
DigitalOcean Holdings, Inc. (DOCN)
Company Research
Source: Yahoo! Finance
A dramatic recovery in some AI-driven stocks, particularly in the "Magnificent Seven," drove most of the gains in the indexes. Amid that situation, investors may wonder whether they are too late, which could make them skeptical about growth stocks that did not join the rally. Despite such concerns, growth stock investors can still likely benefit, particularly in stocks that sell at a considerable discount to 2021 highs. Such investors may find opportunities in two cloud stocks DigitalOcean (NYSE: DOCN) and Snowflake (NYSE: SNOW) 1. DigitalOcean Investors who missed out on AI-driven gains in the Magnificent Seven may have a second chance in DigitalOcean. DigitalOcean is a cloud provider for small and medium-size businesses (SMBs). It offers transparent pricing and a community of developers, as well as a collection of tutorials and videos, that can help customers whose businesses are too small for a proper IT department. More importantly, H100 GPU chips from Nvidia , designed to
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News
- What the History of Linux Says About the Long Road to Decentralized Storage Adoption [Yahoo! Finance]Yahoo! Finance
- 1 Small-Cap Growth Stock That Could Soar, According to Wall Street [Yahoo! Finance]Yahoo! Finance
- Q4 Earnings Roundup: DigitalOcean (NYSE:DOCN) And The Rest Of The Data Storage Segment [Yahoo! Finance]Yahoo! Finance
- Should Investors Buy the Artificial Intelligence & Technology ETF Instead of Individual AI Stocks? [Yahoo! Finance]Yahoo! Finance
- DigitalOcean Announces Date of First Quarter 2024 Earnings Conference CallBusiness Wire
DOCN
Earnings
- 2/21/24 - Beat
DOCN
Sec Filings
- 4/23/24 - Form 144
- 4/19/24 - Form ARS
- 4/19/24 - Form DEFA14A
- DOCN's page on the SEC website