DigitalOcean: Stock Soars, But Market Misunderstands The AI Story

DigitalOcean (NYSE: DOCN ) soared on Tuesday after releasing solid earnings results. The company delivered a slight beat to revenue guidance while disclosing strong growth in their AI/ML product offerings. However, I continue to caution on the leveraged balance sheet, difficult competitive positioning, as well asJulian is the leader of the investing group Best Of Breed Growth Stocks where he only shares positions in stocks which have a large probability of delivering large alpha relative to the S&P 500. He ...