Should You Buy PagerDuty Stock? Is PD the Next SaaS Winner?

Today, I provide analysis on PagerDuty (PD) stock. Is PD the next cloud stock to explode? Will the work from home economy expedite PD's success? You've seen Fastly, DataDog, Zscaler and others explode over the past few weeks. Is PagerDuty next? I share my thoughts, as well as detailed analysis and information on how I'm buying the stock. Organizations are racing to stand up their digital operations. They're building digital infrastructure and applications faster than ever before -- and often with newly-limited budgets and resources. This environment has created a tailwind for PagerDuty, a digital operations management company that helps businesses across just about every sector keep their infrastructure and applications running smoothly. PagerDuty is the central nervous system for digital ecosystems.

What does PagerDuty do?:
1. On-call management: Alerting and scheduling so your teams are ready and empowered to take fast action.
2. Incident response: Automate work across teams, execute detailed playbooks, and accelerate resolutions.
3. Event intelligence: Apply machine learning for full incident context, real-time triaging, and personalized recommendations
4. Analytics: Understand the systemic impact of issues on your customers, teams, and bottom line.
5. Visibility: A complete view of your data and operations, in real-time, plus stakeholder notifications.

PagerDuty is the brainchild of founder and Chief Technology Officer Alex Solomon. When Solomon was an engineer at Amazon (AMZN), he realized that when bugs arose in Amazon's code, employees would be "paged" at all hours of the night to fix the problem. Oftentimes, only one or two people really needed to be alerted, but he would only realize that after hours of trying to fix the problem. Armed with this knowledge, he started PagerDuty with the goal of accumulating all of the signals that servers send, figuring out a way to identify exactly where problems were, and notifying only the people who needed to be notified.

PagerDuty customers include:
Amazon AWS (AMZN)
Atlassian (TEAM)
Okta
Zendesk (ZEN)
New Relic (NEWR)
Zoom Video (ZM)
SeriveNow (NOW)
Microsoft (MSFT)
Datadog (DDOG)
​Any many more! PagerDuty currently has more than 12,000 customers and boasts a churn rate of less than 5 percent on an annualized basis. Its customers include startups, SMBs and major enterprises across industries, including nine of the Fortune 10.  

Disclaimer: I have been investing in the stock market for over 20 years, but I am not a financial advisor or a legal professional, and I am not providing financial or legal advice. The information provided is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs. FIRED Up Wealth and Eric Cuka do not make any guarantee or other promise as to any results that may be obtained from using our content. No one should make any investment decision without first consulting his or her own financial advisor and conducting his or her own research and due diligence. Past performance is no guarantee of future results.

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