1 Growth Stock Down 63% You'll Wish You'd Bought on the Dip, Thanks to AI
Artificial intelligence (AI) and cloud computing go hand-in-hand. The cloud is where companies store all of their data, and it's also where developers go to build new software products. As a result, businesses have been rushing to cloud providers like Amazon Web Services and Azure to develop AI applications.
DigitalOcean (NYSE: DOCN) is a much smaller, stand-alone player in the cloud industry targeting small to mid-sized enterprises. It has never offered cloud products or services in the accelerated computing or AI space, but it just acquired a small company called Paperspace for $111 million, which might change all of that.
DigitalOcean stock has soared 84% in 2023, but it's still down 63% from its all-time high following the tech sell-off last year. But the move into AI could pave the way to a full recovery (and beyond), so here's why that's a dip worth buying right now.
Source Fool.com
Microsoft Corp. Aktie
Microsoft Corp. sticht hervor mit 109 Buy- und nur 2 Sell-Einschätzungen.
Das von der Community festgelegte Kursziel von 426 € für Microsoft Corp. deutet auf ein leichtes Wachstumspotenzial im Vergleich zu 379.6 € hin.
