2023-07-07 06:00:00 ET
The first half of the year is officially over, and that also marks the close of the 2023 second quarter. Many U.S. companies will be reporting their financial results throughout July and August, which will offer investors insight into their businesses.
It's never a good idea to invest for short-term gains, nor is it advisable to bet on the contents of an upcoming earnings report. But some companies have a track record of beating expectations, which makes them a great investment over the long run.
Datadog (NASDAQ: DDOG) and DigitalOcean (NYSE: DOCN) are two great examples. Both companies are due to report their Q2 results in early August, so this month might be a great time for investors to start accumulating a long-term position. Here's why.
For further details see:
2 Top Growth Stocks to Buy Hand Over Fist in July