Q: Hi Folks!
Could you tell me what the 24 month expected growth is for Datadog and Celestica? Do you see this as a good entry point or are these companies expensive based on your metrics? They have had quite the run up.
Would you wait for a pull back or be fine hopping in now.
This is for a 2-3 year hold.
Thanks so much for all you do!
Could you tell me what the 24 month expected growth is for Datadog and Celestica? Do you see this as a good entry point or are these companies expensive based on your metrics? They have had quite the run up.
Would you wait for a pull back or be fine hopping in now.
This is for a 2-3 year hold.
Thanks so much for all you do!
5i Research Answer:
We have some CLS comments from today posted here. CLS growth is expected at 20%. DDOG closer to 25%. We would be fine buying either one today. DDOG is more expensive on valuation but its last quarter was very solid and we think its outlook is conservative. We might suggest a longer time frame than 3 years on both, however, as they are volatile.