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DigitalOcean Holdings, Inc. (DOCN): A Bull Case Theory

We came across a bullish thesis on DigitalOcean Holdings, Inc. (DOCN) on Rene Sellmann’s Substack. In this article, we will summarize the bulls’ thesis on DOCN. DigitalOcean Holdings, Inc. (DOCN)'s share was trading at $28.82 as of 27th May. DOCN’s trailing and forward P/E were 25.50 and 15.02 respectively according to Yahoo Finance.

[caption id="attachment_518922" align="aligncenter" width="750"] Copyright: melpomen / 123RF Stock Photo[/caption]

DigitalOcean stands out as a capital-disciplined, customer-focused cloud provider serving startups, developers, and small to...