Stocks

Exploring Investment Opportunities Beyond Amazon: Spotlight on DOCN and SPG Stocks

Published March 24, 2024

When considering lucrative investment options, the first name that often comes to mind for many investors is AMZN — Amazon.com, Inc. This technological behemoth has expanded its influence far past its e-commerce origins to become a dominant force in cloud computing, digital streaming, and artificial intelligence. Recognized as part of the Big Five in the U.S. IT industry, alongside industry titans such as Google, Apple, Microsoft, and Facebook, Amazon's stature as a cultural and economic powerhouse is undeniable, with the brand itself earning the title of the world's most valuable.

Uncovering Hidden Gems in the Stock Market

However, savvy investors are constantly on the lookout for potential growth opportunities that may lie outside the sphere of such well-established companies. In the realms of cloud computing and retail real estate lies a duo of stocks that may have the potential to stride past Amazon in terms of investment prospects. These are none other than DOCN — DigitalOcean Holdings, Inc., and SPG — Simon Property Group, Inc.

DigitalOcean: A Developer's Haven

DOCN, headquartered in New York, provides a rich cloud computing platform designed specifically to cater to the needs of developers, startups, and small to medium-sized businesses. With its global presence, DigitalOcean is carving out a niche for itself by prioritizing simplicity, community, and transparent pricing stances that resonate powerfully with its targeted user base. This focus has differentiated it from other cloud service providers and underlined its potential as a distinct play in the tech stock arena.

Simon Property Group: Reinventing Retail Real Estate

Turning to real estate, SPG has established itself as a key player in the shopping mall industry. As the largest owner of shopping malls in the United States, Simon Property Group's portfolio of shopping malls, outlet centers, and community/lifestyle centers makes it a significant figure in retail real estate. With a commitment to investing in its properties and adapting to changing retail landscapes, SPG offers a tangible investment opportunity within the brick-and-mortar sector that can provide a complement or counterbalance to e-commerce-focused investments.

investment, technology, retail