Is Datadog Stock a Buy?
Datadog (NASDAQ: DDOG) stock broke away from its leash almost as soon as it launched its IPO a little more than one year ago. It did not stop running higher until it peaked above $118 per share in mid-October.
However, with questions beginning to emerge about where the stock can go next, the price seems to be chasing its tail of late and going nowhere. Investors are beginning to reassess and need to decide whether Datadog can find more room to run or has this dog had its day and is ready for the doghouse.
Putting the puns aside for the moment, Datadog offers operational analysis of a company through what it calls "monitoring as a service." It compiles data from all aspects of cloud applications to make the entire stack of a tech company's operations observable from one point.
Source Fool.com
