PayPal and DigitalOcean Positioned for Growth Despite Market Volatility

PayPal is the leading digital wallet in North America and Europe with 41% market share in online payments. It expects revenue growth of 9% and earnings growth of 20% in 2022.

PayPal plans to grow its PayPal, Venmo, and Braintree services. Analysts expect 16% long-term earnings growth per share, making the stock look attractive.

DigitalOcean simplifies cloud computing for SMBs unlike complex platforms like AWS and Azure. It grew revenue 27% last quarter to $170 million.

DigitalOcean is expanding into AI computing and plans to capitalize on a $195 billion market opportunity by 2026.

DigitalOcean trades at just 3.4 times sales, the cheapest valuation in its history, presenting an opportunity for investors.