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Where Will Datadog Be in 5 Years?

TheMotleyFool

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Datadog (NASDAQ: DDOG) was one of 2019's most successful IPOs. Shares were priced at $27 but ended their first day of trading at over $37 per share. Today the stock is up over 20% from where it closed that first day, and up over 40% from where the IPO priced. Considering the company's third-quarter 2019 revenue grew 88% year over year, it's easy to understand why Wall Street loves this company.

Investing is always a forward-looking activity. And looking five years into Datadog's future, business should still be booming.

Image source: Datadog.

Source Fool.com

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