1 Glorious Growth Stock Down 33% to Buy Hand Over Fist, According to Wall Street
Even though major U.S. stock market indexes like the S&P 500 and the Nasdaq Composite continue climbing to new highs, not every individual stock is following along.Datadog (NASDAQ: DDOG) stock is still trading 33% below its record level from 2021. It was unquestionably overvalued back then, but it's starting to look attractive thanks to the company's rapid revenue growth, soaring profits, and expanding portfolio of artificial intelligence (AI) products.In fact, The Wall Street Journal tracks 46 analysts who cover Datadog stock, and the majority have assigned it the highest-possible buy rating, with not a single analyst recommending to sell.Continue reading
Even though major U.S. stock market indexes like the S&P 500 and the Nasdaq Composite continue climbing to new highs, not every individual stock is following along.
Datadog (NASDAQ: DDOG) stock is still trading 33% below its record level from 2021. It was unquestionably overvalued back then, but it's starting to look attractive thanks to the company's rapid revenue growth, soaring profits, and expanding portfolio of artificial intelligence (AI) products.
In fact, The Wall Street Journal tracks 46 analysts who cover Datadog stock, and the majority have assigned it the highest-possible buy rating, with not a single analyst recommending to sell.
