2023-04-02 06:38:00 ET
DigitalOcean (NYSE: DOCN) differs from the Amazon Web Services (AWS) and Microsoft Azures of the cloud computing industry by targeting small and medium-sized businesses. Its approach has attracted interest from that target market.
Additionally, after having lost most of its value over the last 17 months, its lower stock price could help make DigitalOcean stock a buy now . The question for investors is whether that lower price and the company's other attributes outweigh a critical threat that could hamper DigitalOcean and its stock.
DigitalOcean stands out in its industry in two critical ways. First, it offers a simple, a la carte pricing model that appeals to small and medium-sized businesses. Second, its DigitalOcean Community provides online resources and connections to other DigitalOcean clients when a business needs to solve a problem.
For further details see:
3 Reasons to Buy DigitalOcean Stock, and 1 Reason to Sell