DDOG : BLUE SKY / SWING TRADE
Datadog's (DDOG) stock is not cheap, but the company is highly innovative and showing no signs of slowing down. To illustrate, not only is Datadog's guidance for the year strong, but its billings were up 69% y/y as of Q2 2021.
Having said that, at 32x next sales, the stock is far from cheaply valued. Investors intent on being shareholders here should look to dollar-cost average into their position over time, rather than being too imprudent with one's capital.
Overall, investors should adopt a long-term buy-and-hold strategy, rather than just looking for quick gains in the name.
SOURCE : Michael Wiggins De Oliveira, Aug. 18, 2021, Seeking Alpha
seekingalpha.com/article/4450389-datadog-some-stocks-dont-trade-cheaply
Having said that, at 32x next sales, the stock is far from cheaply valued. Investors intent on being shareholders here should look to dollar-cost average into their position over time, rather than being too imprudent with one's capital.
Overall, investors should adopt a long-term buy-and-hold strategy, rather than just looking for quick gains in the name.
SOURCE : Michael Wiggins De Oliveira, Aug. 18, 2021, Seeking Alpha
seekingalpha.com/article/4450389-datadog-some-stocks-dont-trade-cheaply
Trade fermée: cible de profit atteinte
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.