The cloud services industry is dominated by trillion-dollar giants like Amazon and Microsoft, but DigitalOcean (NYSE: DOCN) has found an edge by focusing on small to mid-sized business customers with under 500 employees. It's a segment of the market that larger players pay less attention to, but DigitalOcean is catering to their needs on price, service, and ease of use. DigitalOcean now serves 623,000 customers, and over the last 12 months, it has generated $462 million in revenue, a 36% jump year over year.
Zoom Video (ZM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Although investors should generally stay away from oversold stocks that are in the middle of severe thunderstorms, in certain cases, the negativity could be unfairly brutal. Whether through strong industry fundamentals, specific business strengths or a combination of the two, investors willing to absorb hefty risks could enjoy significant profits that would otherwise not be possible in normal market cycles. One of the factors that make for potentially intriguing oversold stocks is that the equit