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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.

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Source Fool.com

DocuSign Inc. Stock

€65.99
1.030%
There is an upward development for DocuSign Inc. compared to yesterday, with an increase of €0.67 (1.030%).
Currently there is a rather positive sentiment for DocuSign Inc. with 10 Buy predictions and 7 Sell predictions.
With a target price of 78 € there is a slightly positive potential of 18.2% for DocuSign Inc. compared to the current price of 65.99 €.
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