Is Datadog Stock a Buy Right Now?
DDOGDatadog(DDOG) The Motley Fool·2024-08-18 22:25

Datadog stock is in an uncertain position. 2024 has not gone well for Datadog (DDOG -1.16%). The data-monitoring company offers value to the IT community, and it continues to attract more customers. Still, the stock has struggled to break out of a trading range in recent months, and has fallen by about 6% since the beginning of the year. Such price action may leave investors wondering how to approach the software-as-a-service (SaaS) stock. Does this stagnation signal a buying opportunity in Datadog, or shou ...