DigitalOcean Holdings, Inc. (DOCN)
| Previous close | 90.47 |
| Open | 90.33 |
| Bid | 82.50 x 2200 |
| Ask | 83.75 x 900 |
| Day's range | 79.59 - 90.69 |
| 52-week range | 35.35 - 133.40 |
| Volume | |
| Avg. volume | 2,549,447 |
| Market cap | 8.956B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 06 May 2021 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 64.88 |
- Motley Fool
2 Hypergrowth Stocks to Buy in 2022 and Beyond
Companies such as DigitalOcean Holdings (NYSE: DOCN) and Palantir (NYSE: PLTR) fit this description. On the surface, DigitalOcean might seem like a disadvantaged enterprise. DigitalOcean offers easy-to-understand plans with straightforward pricing, making evaluating the service more accessible for entrepreneurs.
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Legendary investor Peter Lynch once offered this advice: "All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don't work out." With that in mind, I think Upstart Holdings (NASDAQ: UPST) and DigitalOcean (NYSE: DOCN) are well positioned to grow fivefold or more over the next decade, a pace that would turn $200,000 into at least $1 million. For over thirty years, financial institutions have relied on the FICO score -- a three digit number that considers just 12 to 20 variables -- in order to determine who qualifies for a loan and at what interest rate.
- Motley Fool
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Technology stocks can offer high-growth returns, but it's important to take a long-term view to filter out short-term market noise.
