If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider DigitalOcean Holdings, Inc. (DOCN) . This company, which is in the Zacks Internet - Software industry, shows potential for another earnings beat.When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 16.04%, on average, in the last t ...

If AI is going to stick around for the long term, investors might want to add these stocks to their portfolio.There are two sides to the artificial intelligence (AI) revolution. There is hardware, which includes data centers filled with advanced semiconductors designed to train AI models. Then there is software, which includes chatbots like OpenAI's ChatGPT, plus the expanding suite of cloud computing services that help businesses develop their own AI applications.Most Wall Street forecasts suggest AI will ...

The opportunity for growth is certainly there.With a market valuation of about $3 billion, DigitalOcean (DOCN -0.27%) is one of the smaller players in the cloud-computing space. It's a good business with plenty of customers, steady revenue growth, and strong margins, but not everything is going according to plan.In June 2022, management set financial goals for 2024: revenue of $1 billion, revenue growth of greater than 30%, and a free-cash-flow margin of 20%.However, as of the first quarter of 2024, Digital ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends DigitalOcean. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Reddit, Fiverr, and DigitalOcean look undervalued relative to their growth potential.The tech sector is known for generating millionaire-making gains for patient investors. However, the world's top tech stocks -- like Nvidia, Microsoft, and Apple -- are already worth trillions of dollars and probably have less upside potential than the sector's smaller and lesser-known stocks.So today, I'll focus on three underappreciated small- and mid-cap stocks that could potentially deliver millionaire-making gains over ...

LinkDaddy Announces Partnership With DigitalOcean For Cloud Authority BacklinksLinkDaddy - a US company specializing in backlink SEO services for businesses - announces an expansion of its partnership with DigitalOcean.June 05, 2024 11:26 PM EDT | Source: PlentisoftMiami, Florida--(Newsfile Corp. - June 5, 2024) - The latest move empowers LinkDaddy to provide enhanced Cloud Authority backlinks for its client base. By working with DigitalOcean, the company delivers high-quality interlinking of ...

MARLBOROUGH, Mass., June 5, 2024 /PRNewswire/ -- Today, Corero Network Security (AIM: CNS) (OTCQB: DDOSF), the distributed denial of service (DDoS) protection specialists, announced the renewal of a significant contract with DigitalOcean, a leading cloud computing provider. This $1M+ agreement extends the partnership for an additional three years, highlighting Corero's trusted role in safeguarding DigitalOcean's extensive network infrastructure.DigitalOcean, renowned for offering simple and affordable cloud ...

Nvidia is likely not the only stock that will drive outsized growth from AI.When investors think of millionaire-makers in the artificial intelligence (AI) space, they often look to Nvidia. Indeed, it has logged massive gains from the technology, and with a market cap approaching $2.6 trillion, it has turned small investors into millionaires.Fortunately, Nvidia is not the only AI success story. Many are smaller stocks with the potential to still see much larger growth. While nobody can promise a small invest ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends DigitalOcean. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Investors looking for an attractively valued AI stock that could deliver healthy long-term gains should take a closer look at this name before it starts soaring.Artificial intelligence (AI) is set to transform multiple industries ranging from smartphones to personal computers, automotive, digital advertising, and cloud computing. Investors should look for potential AI winners in these niches as they could deliver healthy gains on the stock market.The cloud AI market, for instance, is forecasted to clock ann ...