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The market likes a comeback story, but it loves it even more when an underdog transforms into a strong artificial intelligence (AI) contender. This story is about DigitalOcean (DOCN). In just one year, the stock has surged from $37 to $87, with a 52-week high of $88.84, and currently sits around $86, reflecting a more profound transformation happening beneath the surface. This transformation is driven by AI, disciplined execution, and a strategic pivot that is now clearly paying off.
Is DOCN a buy now?