Mythz
2023-11-03

$DigitalOcean Holdings, Inc.(DOCN)$ Has been a underrated stocks for the past few months. Firstly, it has reported a error in its earning and secondly the CEO is about to resign and waiting to elect a new CEO. This has resulted in a significant drop in its share price.

This two bad news has lost the interest of many investors. However, this should be a signal that digital ocean is a sign to buy.

Digital ocean is a growing fish in the ocean. With the droplets / cloud servers growing in size and the recent acquisition of paperspace which is a AI company, it is bound for growth. 

Next, the earning for Q3 looks good, thus the stock rallies.


The Nasdaq has significantly increase as well$Nasdaq100 Bull 3X ETF(TQQQ)$ 

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Comments

  • WernerBilly
    2023-11-03
    WernerBilly

    Needed this badly. Cannot believe they did those numbers with that client base in this environment. Thank you stock gods

    • Mythz:Ā 
      It will take a few more ERs to prove that paperspace would be a good buy
  • WebbBart
    2023-11-03
    WebbBart

    wow imagine how much more this would have went up if we had a CFO???

    • Mythz:Ā 
      Isnt there a CFO? [Doubt]
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