I’ve always wondered why Datadog doesn’t get as much love as other SaaS stocks of comparable size. When I see “growth” oriented portfolios, I see $SNOW, $NET, $CRWD, but never $DDOG
The company keeps increasing their number of users, they’ve beat EPS estimates by a lot for the last 4 quarters, and have a rate of yearly revenue growth of almost 100% since 2017, and the stock reflects their good numbers: I’m up 88% since I started my position this year.
I started investing on it early this year because I work as a Software Engineer and my two previous companies used Datadog for monitoring, and it gets a lot of love from developers.
What are your thoughts on $DDOG?
71297290 : Ddog is in IBD Leaderboard