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1 Super Stock Down 76% You'll Regret Not Buying on the Dip in 2025
The cloud computing industry is dominated by giants like Amazon, Microsoft, and Alphabet, but those providers typically focus on the largest and highest-spending enterprises. Tailoring their cloud services to small and medium-sized businesses (SMBs) wouldn't be an economical strategy, because those customers wouldn't contribute enough revenue to move the needle.DigitalOcean (NYSE: DOCN), on the other hand, focuses exclusively on providing cloud services to SMB customers. Plus, it has a growing portfolio of artificial intelligence (AI) services that are helping even the smallest businesses adopt this revolutionary technology.DigitalOcean stock is down 76% from its record high, which was set during the tech frenzy in 2021. The stock was undeniably overvalued then, but it's starting to look very attractive, especially in light of the company's accelerating revenue growth and soaring profits. Here's why investors might regret not buying the dip.Continue reading
The cloud computing industry is dominated by giants like Amazon, Microsoft, and Alphabet, but those providers typically focus on the largest and highest-spending enterprises. Tailoring their cloud services to small and medium-sized businesses (SMBs) wouldn't be an economical strategy, because those customers wouldn't contribute enough revenue to move the needle.
DigitalOcean (NYSE: DOCN), on the other hand, focuses exclusively on providing cloud services to SMB customers. Plus, it has a growing portfolio of artificial intelligence (AI) services that are helping even the smallest businesses adopt this revolutionary technology.
DigitalOcean stock is down 76% from its record high, which was set during the tech frenzy in 2021. The stock was undeniably overvalued then, but it's starting to look very attractive, especially in light of the company's accelerating revenue growth and soaring profits. Here's why investors might regret not buying the dip.
