Shares of cloud observability specialist Dynatrace (NYSE: DT) have been off to the races since the company made its second public debut in 2019 (it was previously acquired and later spun off from private equity firm Thoma Bravo). The stock is up over 200% in a year and a half, including a 22% surge after the company reported on its fiscal 2021 third quarter (corresponding to the final quarter of calendar year 2020).
At this point, Dynatrace trades for a pretty high premium but for good reason. Large organizations are rapidly migrating to the cloud, and they need the right tools to manage their next-gen IT assets. Dynatrace is quickly becoming a top name in this space, and it deserves to be on your radar.
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For further details see:
Why Dynatrace Is a Top Cloud Analytics Stock for 2021