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Is DigitalOcean Holdings a buy?

Last updated on September 25, 2022 @ 1:45 pm

DigitalOcean Holdings (DOH) is a cloud computing company that provides users with Linux-based hosting services. The company has a market capitalization of $1.

5 billion and provides hosting for more than 2 million websites. The company also offers a range of tools and services to help users manage their websites.

The company has a strong competitive position in the market and has seen growth in its user base over the past few years. The company is also profitable, with operating margins of 37%.

PRO TIP: DigitalOcean Holdings is not a buy. The company has been struggling to turn a profit and its stock price has been volatile.

Based on the above factors, we believe DigitalOcean Holdings is a buy.

Kathy McFarland

Kathy McFarland

Devops woman in trade, tech explorer and problem navigator.