Here's Why DocuSign Is a Strong Buy for 2021
There's little doubt that the digital signature market got a big boost from the pandemic, and as the industry leader, DocuSign (NASDAQ: DOCU) was a major beneficiary. During the first nine months of 2020, revenue grew 46% year over year, while the company's operating loss edged lower. While DocuSign's dominance of the e-signature space still represents a significant market opportunity, there's another one that's just as big waiting in the wings.
On this clip from Motley Fool Live, recorded on Feb. 18, "The Wrap" host Jason Hall and Fool.com contributor Danny Vena discuss a fledgling business that effectively doubles DocuSign's total addressable market (TAM) and why investors shouldn't sleep on its massive potential.
Source Fool.com
