Futures are mixed this morning with the S&P and the Dow both show moderate losses while Nasdaq futures are slightly green.
Last week was a wild one where the winners lagged, MSFT, NFLX and AMZN all ended the week down more than 5%.
This week we have 244 companies reporting earnings including some big names like Tesla, Microsoft and Twitter. It should be another interesting ride as vaccine hopes and virus resurgence woes compete to steer the ship.
This morning we are looking at a high-growth software company that went public last year and is now turning profitable. Although Datadog (DDOG) just went public in September of 2019, the company has been establishing itself for over 10 years in the IT world. The company has gained favor with high profile customers for their service to quickly identify and fix problems in their IT infrastructure.
DDOG has put on a whopping 224% gain since its initial IPO. With its growth potential and an expanding gross margin up 7% year over year, DDOG shows potential for long term gains.
