Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is It Too Late to Buy Datadog?

TheMotleyFool

0 0

Shares of Datadog (NASDAQ: DDOG) -- a data visibility company -- have hit all-time highs 18 times in 2021 alone, with the most recent occurrence on Nov. 5 when the company jumped 12%. This came after the company crushed its third-quarter earnings estimates, beating on both the top and bottom lines.

Shares have jumped 88% this year, reaching a market cap of $58 billion. After this massive run-up, some investors are wondering how much bigger this company can get. The answer? Much bigger. Despite the company being at all-time highs, here's why I think it is still worth adding to your portfolio.

Image source: Getty Images.

Source Fool.com

Like: 0

DDOG

Share