Q: What are the best stocks in the data memory storage space?
5i Research Answer:
Some names in the data memory storage space include: Pure Storage (PSTG), a provider of data storage technologies, products, and services. Datadog (DDOG), a data analytics and systems monitoring company. Oracle (ORCL), an enterprise tech company that provides storage solutions, networking, enterprise servers, and many other services.
ORCL is much larger than DDOG and PSTG, and DDOG has shown the best historical growth rates as well as anticipated future growth rates. DDOG is not yet profitable and trades at a higher valuation, but for a high-growth name, we would prefer DDOG here.