From Yahoo Finance: 2025-03-30 16:19:00

Jericho Capital Asset Management, founded in 2009 by Josh Resnick, specializes in long/short equity strategies in TMT sectors. The firm manages approximately $7 billion in 13F securities, with a concentrated portfolio emphasizing technology, media, and telecommunications stocks. Resnick’s background includes roles at TCS Capital, KPE Ventures, and Fox Entertainment Group.

DocuSign, Inc. (NASDAQ:DOCU) is a leading provider of electronic agreement solutions, serving 1.7 million clients across 180 countries. In fiscal 2025, the company reported $776.3 million in revenue, with subscription revenue of $757.8 million. With a focus on compliance and innovation, DocuSign remains well-positioned in the digital agreement industry, making it a top stock pick for Jericho Capital Asset Management.

Despite strong financial performance, DocuSign, Inc. (NASDAQ:DOCU) faces competition in the AI sector. While ranked 3rd on Jericho Capital’s list of top stocks to buy, there are AI stocks with greater potential for higher returns. Investors looking for promising AI stocks may consider alternatives trading at less than 5 times earnings. DocuSign’s commitment to innovation and expanding customer base position it as a key player in modernizing contract processes globally.

Read more: Is DocuSign (DOCU) Among the Top Stocks to Buy According to Jericho Capital Asset Management?