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Is (DOCU) Outperforming Other Business Services Stocks This Year?

DocuSign (DOCU) closed at $117.70 in the latest trading session, marking a +1.91% move from the prior day.

For many investors, the coronavirus stock market correction has been an unnerving time to learn how to invest. It's also been fruitful.

DocuSign, Inc. (NASDAQ: DOCU) today announced that Dan Springer, CEO, will be presenting virtually at the 40th Annual William Blair Growth Stock Conference on Wednesday, June 10, 2020 at 1:20 p.m. PT / 3:20 p.m. CT. A live webcast of the event will be available on the DocuSign Investor Relations website at docusign.com/investors.

DocuSign (DOCU) closed at $119.07 in the latest trading session, marking a -0.99% move from the prior day.

DocuSign (Nasdaq: DOCU) today announced that its first quarter fiscal 2021 results will be released on Thursday, June 4, 2020, after the close of the market. The company will host a conference call at 1:30 p.m. PT (4:30 p.m. ET) to discuss its financial results. A live webcast of the event will be available on the DocuSign Investor Relations website at docusign.com/investors. A live dial-in will be available domestically at 877-407-0784 or internationally at 201-689-8560. A replay will be available domestically at 844-512-2921 or internationally at 412-317-6671 until midnight (ET) June 18, 2020 using the passcode 13703586.

DocuSign (NASDAQ: DOCU), which offers the world's 1 eSignature solution as part of the DocuSign Agreement Cloud, today announced the closing of its acquisition of Seal Software, one of the leading contract analytics and artificial intelligence (AI) technology providers. This marks another step toward bringing the benefits of AI to the digital transformation of the agreement process.

You likely encountered the leading e-signature platform from DocuSign (NASDAQ: DOCU) to capture your agreement electronically. Let's look into its core growth opportunity and the new business that could double its addressable market, and we'll finish up by digging into the valuation to see if this stock is still a buy today. E-signatures are becoming more widely accepted, and DocuSign stands to benefit.

eSignature leader DocuSign has been seeing increased demand during the pandemic, but with an expanding offering and new technology, it might keep booming long after the virus is contained.

* DoorDash * Palantir * Robinhood * Asana * InstacartNew initial public offerings (IPOs) are one of the best ways investors can strike "gold" in the stock market. That's because these freshly public companies represent the next generation of world-changing businesses in the first innings of their long-term growth narratives. Sure, many of them don't pan out as expected. Those that do, however, turn into home runs.Just look at Zoom Video (NASDAQ:ZM) and Beyond Meat (NASDAQ:BYND), two companies that went public in 2019. Both of those stocks are up 200%-plus from their IPO prices. There's also DocuSign (NASDAQ:DOCU), which is up more than 280% from its 2018 IPO price; Roku (NASDAQ:ROKU) is up 800% from its 2017 IPO; and Twilio (NASDAQ:TWLO) is 670% higher than its 2016 IPO.Even Shopify (NYSE:SHOP) is up a jaw-dropping 3,700% from its 2015 IPO. In other words, it seems like every single year, you get one or a few IPOs which turn into multi-baggers over the next few years. Accordingly, it pays to know about new IPOs that are in the pipeline for 2020, 2021 and 2022.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Takeaways from Warren Buffett's Annual Berkshire Hathaway Meeting With that in mind, check out these new IPOs to watch in the early 2020s. New IPOs to Watch: DoorDashSource: Sundry Photography / Shutterstock.com One of the more exciting new IPOs to watch for in 2020 or 2021 is DoorDash. The bull thesis on DoorDash boils down to two important points:First, the meal kit market is a booming one. It's grown at a 24% clip year-over-year so far in 2020, with tons of virtualization and gig economy tailwinds and plenty of growth potential left (only 28% of Americans have ordered from a meal delivery service, up from 22% a year ago).Second, in that market, DoorDash is the leader. They own 42% of the market. That share is only growing. It will continue to grow, because the company's new DashPass subscription program is driving increased engagement and more platform exclusivity. Big picture: DoorDash is the leader in the secular growth meal delivery service market, with tons of momentum and potential to sustain big growth for a lot longer.Of note, the company confidentially submitted a draft S-1 filing to the Securities and Exchange Commission (SEC) in February 2020, a step which makes a late 2020 or early 2021 IPO seem likely. PalantirSource: Sundry Photography / Shutterstock.com Palantir could turn into one of the more successful IPOs of the past decade when the big data analytics company finally goes public. That's because when I see Palantir, I see a lot of Zoom.That is, at its IPO, Zoom was a big-growth, profitable enterprise software company gaining market share in a very big legacy tech market being revolutionized by the videoconferencing mega-trend.Palantir is much of the same. It's a big-growth, enterprise software company, with revenues from its enterprise-focused big data analytics solutions expected to rise nearly 40% this year. The company is also on the cusp of being profitable, with profits expected to be break-even in 2020. Palantir is also gaining market share in the big legacy IT market that is being disrupted by the big data analytics mega-trend, wherein companies are increasingly turning every enterprise function into a data-driven one. * 10 Tech Stocks to Buy for the Next 10 Years Bottom line, Palantir shares a lot of similarities with Zoom. The Zoom IPO was a huge success. The Palantir IPO could be a huge success, too. RobinhoodSource: OpturaDesign / Shutterstock.com IPO rumors have been swirling around disruptive, millennial-focused trading platform Robinhood for several years now. Thanks to Covid-19, it's unlikely that those rumors materialize into an actual Robinhood IPO in 2020. Instead, investors may have to wait until 2021 until the company goes public.But this wait will be worth it.As we all know, Robinhood disrupted the entire stock brokerage world by introducing scalable commission-free trading across its whole platform. In the years since Robinhood has burst onto the scene with zero-free trading, every other broker house has followed suit. Now, commission-free trading is essentially the norm across the industry.But Robinhood didn't stop there. The company has recently been rolling out its Cash Management program, through which investors can earn interest on their idle cash and spend their trading profits directly through a Robinhood-branded debit card. It's yet another disruption that will ripple across the whole brokerage industry, and lead to Robinhood gaining more users, enabling more trading volume, and earning more revenues.Zooming out, Robinhood has time and time again proven itself to be a relentlessly innovative financial tech company. Relentless innovation always wins. So long as Robinhood keeps this up, the company's IPO will be a huge success. AsanaSource: rafapress / Shutterstock.com What I like about project management company Asana is that the company offers a solution which every enterprise in the world could one day use.The logic is simple. Every company has goals, and projects to hit those goals. Asana offers various solutions through its work management platform, the sum of which seamlessly enables companies to organize, structure, and track their projects and goals. Every company could use this platform, in order to optimize workflows and create a more organized project development process.In this sense, Asana will follow a similar growth trajectory as previous enterprise software companies like DocuSign or Twilio. DocuSign used its utility-based e-signature platform to turn into the enterprise norm for contract agreements. Twilio used its utility-based cloud communications platform to turn into the enterprise norm for business-to-consumer communications.Asana will similar use its utility-based workflow management platform to turn into the enterprise norm for project development. * 15 Tightly Wound Stocks With 'Pop' Potential As it does, this exciting young company will turn into a big success on Wall Street. InstacartSource: Piotr Swat/Shutterstock.com If timing is everything, then now is the perfect time for Instacart to go public.The same-day grocery delivery and pick-up service has seen North American demand surge over the past two months amid the novel coronavirus pandemic. In March, the platform's active shopper community grew from 200,000 to 350,000.Sure, this is a near-term phenomenon. Covid-19 won't stick around forever.But the thinking here is that this gets Instacart's foot in the door. That is, hundreds of thousands of shoppers are trying Instacart for the first time ever in March, April, and May. Most won't stick around for the long haul, and will go back to physical grocery shopping once the pandemic ends. But some will stick. And those that do stick will tell all their friends about how great the service is. Of all those friends that hear about it, a few will try it out, and a few will stick. Then they'll tell all their friends.Lather, rinse, repeat.In this sense, the coronavirus pandemic could be the beginning of Instacart going from niche to mainstream grocery delivery service. If true, then this company is in the beginning of what could be a multi-year growth surge.Luke Lango is a Markets Analyst for InvestorPlace. He has been professionally analyzing stocks for several years, previously working at various hedge funds and currently running his own investment fund in San Diego. A Caltech graduate, Luke has consistently been rated one of the world's top stock pickers by various other analysts and platforms, and has developed a reputation for leveraging his technology background to identify growth stocks that deliver outstanding returns. Luke is also the founder of Fantastic, a social discovery company backed by an LA-based internet venture firm. As of this writing, he was long BYND, ROKU and SHOP. More From InvestorPlace * America's 1 Stock Picker Reveals Next 1,000% Winner * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 5 New IPOs to Watch in the Early 2020s appeared first on InvestorPlace.

According to World Bank estimates, the pandemic will shrink global gross domestic product (GDP) by 3% this year. The first pick, Zynga (NASDAQ: ZNGA), is a bet on the fast-growing mobile-gaming industry; the other two, DocuSign (NASDAQ: DOCU) and Zoom Video Communications (NASDAQ: ZM), are investments in the work-from-home revolution. All three stocks are poised to beat the market amid the coronavirus pandemic.

Copart's (CPRT) Q3 revenues and earnings per share come in lower than the prior-year quarter as well as miss the respective Zacks Consensus Estimate.

One sector coronavirus hasn't been able to stop is enterprise software. In fact, some enterprise software companies may actually benefit from the downturn, as more and more businesses turn to digital tools to enable remote work and promote overall business efficiency. Two of the strongest momentum stocks in the space are computer graphics stalwart Adobe (NASDAQ: ADBE) and DocuSign (NASDAQ: DOCU), a relative newcomer that has made a big impact in a short amount of time.

DocuSign (DOCU) closed at $126.54 in the latest trading session, marking a -1.87% move from the prior day.

Acquisitions have been one of the key growth strategies for Accenture.

Growth investing can help you quickly build wealth in the stock market. The following three growth stocks can help you earn these types of fortune-building returns. PayPal helps to make the online shopping experience easier, faster, and more secure.

DocuSign, Inc. (NASDAQ:DOCU) ("DocuSign"), which offers the world's 1 eSignature solution as part of the DocuSign Agreement Cloud, today announced that it will be holding its Annual Meeting of Stockholders (the "Annual Meeting") as a virtual‑only meeting due to the public health impact of the novel coronavirus (COVID-19) pandemic, and to support the health and well-being of DocuSign's stockholders and other meeting participants. As previously announced, the meeting will be held on Friday, May 29, 2020 at 9:00 a.m. Pacific Time.

DocuSign (DOCU) closed the most recent trading day at $128.77, moving +1.22% from the previous trading session.

DocuSign (DOCU) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).