Desperately Jumping Stock To Watch: DocuSign Inc (NASDAQ: DOCU)

DocuSign is one of the stable stocks during the COVID-19 pandemic crisis in stock exchanges around the globe. To sign the contracts or agreements no need to meet up physically or send the docs via fax. DocuSign made it easy for anyone to sign electronically and keep that data in its cloud which is surely protected by high-class software developers. Especially during the lockdown most of the contract and agreement signatures are going through DocuSign and its competitors. Thus, Q1 and Q2 fiscal reports may cheer up its stakeholders and make the stock keep soaring.

The company has been facing negative earnings since its birth by covering the expenses and costs via issuing shares and taking debts. However, its revenue has increased by four times throughout four years and keeps growing quarterly. Thanks to DocuSign developers, you save nature by keeping a significant number of trees from cutting. The Internet of things actually impacts the use of paper, meaning that fewer trees are damaged now.

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Just imagine 1000 DocuSign’s shares that were bought on March 12 for $68.68 now could bring $64,320 profit. That’s a serious amount.

Alex Krakowsky

Editor in Chief.Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life