Better Buy: Adobe vs. Datadog
Adobe Systems (NASDAQ: ADBE) and Datadog (NASDAQ: DDOG) both generated impressive returns for investors over the past 12 months. Adobe's stock advanced nearly 60% as demand for its cloud-based software remained stable throughout the pandemic. Datadog's stock roughly tripled, fueled by robust demand for its unified software monitoring services.
Datadog, which was founded in 2010 and went public in 2019, was clearly a more exciting investment for growth-oriented investors. But Adobe, which successfully transformed its portfolio of desktop-based software into cloud-based services over the past eight years, also posted solid growth for a 28-year-old tech giant.
As rising bond yields spark a rotation from growth stocks to value stocks, will Datadog remain the better investment this year? Let's dig deeper into these two very different software companies to decide.
Source Fool.com
