DocuSign (DOCU) is an American technology company that operates in the Software-as-a-Services (SaaS) space.
In fact, DOCU provides cloud services to businesses and individuals through its e-Signature offerings and electronic-agreement software.
And over the past year and a half, demand for its services has only multiplied…
That’s because while many businesses were already starting to see the value of its products, the pandemic made it clear that DOCU now plays a pivotal role in ensuring digital contracts are as secure as possible.
This has enabled the company to report several blowout quarters. For example, in its second quarter, DOCU said its earnings per share were $0.47 compared with the anticipated $0.40. The company also reported revenue of $511.8 billion versus the consensus of $488.7 million.
And while some anticipate the gradual return to the office could impact its overall demand, the fact that companies such as Apple (AAPL), Meta Platforms (FB), Microsoft (MSFT), and Alphabet (GOOGL) are all choosing to remain remote suggests digital document-signing products will remain a staple moving forward.
But even once some businesses do return to more in-person work, the convenience DOCU’s products offer makes it unlikely that many will drop its services.
Wall Street Legend Warns: “A Strange Day Is Coming to America”
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While most Americans want to put 2020 behind them…
And a return to “normal” life…
According to Wall Street legend Marc Chaikin, life is about to get even stranger, and it could have a sizable impact on your wealth.
“A massive and surprising new transition could determine the next group of millionaires,” says Chaikin, who predicted the 2020 market crash. “While leaving 99% of the public worse off than before.”
“If you own regular stocks, you’re in for a big surprise,” he adds.
Chaikin, who has appeared numerous times on CNBC’s Fast Money, says that you absolutely must consider buying one particular type of investment right now, before it’s too late.
And no, it’s not cryptocurrencies.
“I grew up in a world where you could do extremely well by investing in ordinary companies,” Chaikin says. “It’s how I spent the majority of my 50-year career on Wall Street.
“But the simple fact is, the next phase of the pandemic could change everything you know about making money.”
Chaikin has agreed to name the #1 investment to buy right now, free of charge.
Jim Cramer is one of many who’ve been following Chaikin’s insights for years. As Cramer once put it, “I learned a long time not to be on the other side of a Chaikin trade.”
And yet, even the most prepared Americans – including the majority of retirees – could be blindsided by America’s next big move.
With Marc Chaikin’s permission, we’re posting his full, brand-new warning to the public on our website right here.
You can access it free of charge – click here to view.
