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Investors interested in Computers - IT Services stocks are likely familiar with Amdocs (DOX) and Dynatrace (DT). But which of these two stocks is more attractive to value investors?
In the most recent trading session, Dynatrace (DT) closed at $45.40, indicating a -1.86% shift from the previous trading day.
Dynatrace is ranked as the highest leader in application process monitoring and observability by Gartner. The APM and observability market has a large and growing TAM, with significant growth potential. Dynatrace's Full-Stack Monitoring & Analysis integrated service is a major competitive advantage.
Dynatrace (DT) expands its partnership with Alphabet's cloud business, Google Cloud, for unified observability and security, driving digital transformation globally.
In the closing of the recent trading day, Dynatrace (DT) stood at $47.73, denoting a +1.36% change from the preceding trading day.
Investors looking for stocks in the Computers - IT Services sector might want to consider either Amdocs (DOX) or Dynatrace (DT). But which of these two stocks is more attractive to value investors?
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Dynatrace has underperformed in the market YTD, but the sell-off has created a buying opportunity. The company is strengthening partnerships with GSIs and hyperscalers to drive market share among enterprise customers, while also building its internal sales team. Although Dynatrace faces competition from Datadog, the company's product innovation and financial discipline should create long-term returns for investors.
Dynatrace's quarterly report exceeded Wall Street's forecasts for sales and earnings. The company expects slowing growth due to longer sales cycles, which hurt share prices.
Dynatrace (DT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.