top of page

QUICK BUY ALERT: DIGITALOCEAN (DOCN), DYNATRACE (DT)

Dec 9, 2021
2 min read

Updated: Feb 2, 2022

[LINK TO RECENT POST: DOUBLING DOWN ON DOCN]


We're back with another quick buy alert for Digital Ocean (DOCN) and Dynatrade (DT). We want to take advantage of the market's downward movement today, and what better way to do it than by pulling the trigger on a couple of stocks we've had our eyes on for quite some time.


With the market down today, we believe now is a great time to get in on some of our favorite stocks, and these two are no exception. Dynatrace has been getting lots of attention from large-scale investors over the last month. Seeing as it's taken several more hits since then, we think its possible demand will continue to grow at and beyond its current discounted price. On the other hand, we have Digital Ocean, a company with a great business model that went public in March of this year. They reached their peak of $133 in November, and with their current price of just about $88, purchasing this stock seems like a worthy bargain when considering the potential returns.


DIGITALOCEAN (DOCN)

To give some information on each stock, DigitalOcean is a cloud computing company that provides business entities with cloud environments. This allows developers to create and share applications in a controlled and private environment through a shared virtual machine (VM); they call these virtual machines "droplets." These droplets let customers select how much storage they want for their project, who they want to share it with, and thanks to the many servers the company owns around the globe, where they want their data center to be. This means that DigitalOcean also has a heavy part in keeping your droplet safe and secure. The company does this by applying a VPN (virtual private network) to your project, allowing customers to work without fear of network compromisation. DigitalOcean has servers in New York, India, Canada, Germany, and more, and they're expanding even further with each passing day.


DYNATRACE (DT)

Dynatrace is a software intelligence company that uses AI and complex automation to accelerate the growth of cloud applications. Their system provides users with data of all kinds concerning their cloud applications. It monitors the individual processes of a cloud application creator's project, how users interact with said application, how servers react to the information they're being fed, and more. Their product is truly one of a kind with its various capabilities, and with more and more companies cutting down on busywork, the future of Dynatrace seems bright. Some of Dynatrace's bigger customers include Kroger, U-Haul, and Dish, but there are plenty of other companies that take pride in their use of the company's service.

 
 
bottom of page