Both in Cloud & Data Processing

Applied Digital vs RINGCENTRAL

Over the past year APLD returned −45.8% and RNG returned +164.9%; their daily moves had a correlation of -0.08.

APLD −45.8% RNG +164.9%Growth of $1, one year, split-adjusted
MetricAPLDRNG
Price$17.82$79.32
Market cap$5.39B$6.62B
Today+9.83%+2.03%
1 month−27.9%+0.3%
6 months−55.3%+66.1%
Year to date−27.3%+174.7%
1 year−48.6%+163.3%
Revenue growth (YoY)+322.4%+5.9%
Gross margin28.1%73.1%
Net margin−69.3%83.5%
P/E (TTM)—10.1×
Price / sales6.3×2.5×
Net cash-$3.47B-$900.5M
Dividend yield—0.63%
Volatility (60d)83.5%48.9%
Short % of float24.3%9.0%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).