롱

DTST - hidden Cyber Security longterm play

업데이트됨

Data Storage Corporation engages in providing cybersecurity, compliance and cloud computing solutions. The company's segment includes Nexxis Inc; Flagship Solutions, LLC and CloudFirst Technologies Corporation and Corporate. It generates maximum revenue from the CloudFirst Technologies Corporation segment. The company's solutions include infrastructure, disaster recovery, email archival, compliance, electronic vaulting, virtualized recovery, telecom recovery services, and continuous data protection.

This is not a financial advice!

We need to stay in a bullish overal sentiment of the market. If we see a corretion, this play might doesn't work.

Shs. Float of 3.84M
Rel. Vol. of 4.0 today

Keep an eye on 5.3, 6.0 levels, needs to get broken for a further upmove. You can take partial profits at these levels if u want to lock in gains.

SL under 4.0

TPs approx. 7.8 maybe even higher - i see it as a longterm play.

Most info on the chart.

Trade carefully!

노트

Data Storage Corp. (NASDAQ:DTST) has emerged as a top AI penny stock to watch. This overlooked data center operator provides vital infrastructure solutions meeting the exploding data storage needs of AI companies.

With models like OpenAI’s new Sora text-to-video AI being developed, AI-related applications will require massive amounts of data. Generative AI is incredibly data-hungry, and companies like Data Storage will be among the top beneficiaries of this trend.

Demand for data infrastructure will likely accelerate further as AI progresses. With room for geographic and product line expansion, Data Storage has barely scratched the surface of its potential. In my view, DTST stock remains a compelling buy.

Data Storage’s CloudFirst segment achieved triple-digit year-over-year growth recently, though this segment merged with Flagship Solutions Group last month for efficiency.

Impressively, Data Storage posted 35% year-over-year revenue growth last quarter to $6 million, while remaining solidly profitable with 2 cents in earnings per share. Notably, DTST stock has doubled since I first started writing about it, and I think further upside is ahead.

Source: Inversoplace

노트

Is Data Storage Corp (DTST) a Winner in the Information Technology Services Industry?

Last Updated: Tuesday, March 5, 2024 6:32 AM | InvestorsObserver Analysts
Mentioned in this article

Is Data Storage Corp (DTST) a Winner in the Information Technology Services Industry?

Data Storage Corp (DTST) is the highest overall rated company in the Information Technology Services industry with an overall score of 88. DTST is up 219.43% so far this year after the company closed yesterday at $5.59. The overall score measures the company's performance based-off both short and long term indicators and means that DTST scores better than 88% of the overall market.

Overall Score - 88
DTST has an Overall Score of 88. Find out what this means to you and get the rest of the rankings on DTST!

Data Storage Corp is a strong performer in the Information Technology Services industry, which has an average overall score of 45. This means that, on average, the stocks in this industry score higher than 45% of the stock market.
To see InvestorsObserver's Sentiment Score for Data Storage Corp click here. DTST has been trading neutral recently. The stock is trading up 46.34% this week following yesterday's decline. DTST has an average analyst ranking of Strong Buy with an average price target of $9. Click Here to get the full Stock Report for Data Storage Corp stock.

Source: InvestorsObserver

노트

TP almost hit, feel free to take gains.

I think this is stil the begining of a great journey!

액티브 트레이드

big reversal from here to new highs imo

Nov. 12, 2024

Data Storage Corporation Secures Six-Figure Contract with Canadian Division of Renowned Japanese Motorsports Manufacturer