Reported 3 days ago
ClearBridge Investments' third-quarter investor letter highlights Datadog, Inc. (NASDAQ:DDOG) as a key investment due to its leadership in the cloud application monitoring and observability market. With significant growth potential and a reported revenue increase of 28% year-over-year, Datadog's shares have gained 22.53% over the past year. Despite some underperformance compared to benchmarks, its innovative offerings in monitoring and data security, particularly around AI workloads, position it as a lucrative investment with attractive revenue growth prospects.
Source: YAHOO