Better Buy: Snowflake vs. Datadog
Snowflake (NYSE: SNOW) and Datadog (NASDAQ: DDOG) have both generated massive returns since their IPOs. Snowflake's stock has more than doubled in price since its IPO last September, while Datadog's stock has nearly quadrupled in value since its public debut in September 2019.
Both software stocks help large organizations break down data silos. Snowflake's cloud service gathers data across multiple computing platforms and centralizes the results so they can be read by data visualization services. Datadog's platform lets developers and IT professionals monitor the performance of different servers, databases, cloud services, and mobile apps on unified dashboards.
Snowflake and Datadog's tools help companies gain broader views of their infrastructure, streamline their operations, and make data-driven decisions. But which silo-busting stock will be the better overall investment for 2021?
Source Fool.com
