Better Cloud Stock: DocuSign vs. ServiceNow
(NASDAQ: DOCU) and ServiceNow (NYSE: NOW) both simplify and streamline tasks for companies with their cloud-based services. DocuSign is the world's largest provider of e-signature services, while ServiceNow's services help companies organize their unstructured work patterns into automated digital workflows.
But over the past three years, DocuSign's stock plunged nearly 70% as ServiceNow's stock rallied by roughly the same amount. Let's see why these two stocks went in opposite directions -- and if ServiceNow is still a better buy than DocuSign.
Image source: Getty Images.
Source Fool.com
DocuSign Inc. Stock
€68.33
-0.150%
Our community is currently high on DocuSign Inc. with 10 Buy predictions and 6 Sell predictions.
As a result the target price of 93 € shows a positive potential of 36.1% compared to the current price of 68.33 € for DocuSign Inc..
