Digital Ocean is up against AWS, Microsoft Azure, and Google Cloud. The key to winning: Catch smaller customers.
Motley Fool contributor Will Healy breaks down his investment rationale for Digital Ocean (DOCN -2.03%) stock. Digital Ocean is a small fish in a sea of giant cloud providers. Will analyzes what Digital Ocean does, its profitability, and some risks to watch out for.
For his full thoughts, check out the video!
*Stock prices used were the midday prices of Sep. 14, 2022. The video was published on Sep. 16, 2022.
Will Healy has positions in DigitalOcean Holdings, Inc. Zane Fracek has positions in DigitalOcean Holdings, Inc. The Motley Fool has positions in and recommends DigitalOcean Holdings, Inc. The Motley Fool has a disclosure policy. Zane Fracek is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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