Cloud computing has been the most disrupting trend in the past decade. The process of saving information from users’ systems in small packets at remote locations on the cloud forms the basis of cloud computing.
Cloud computing has changed the way we communicate, live and do business. There are many cloud stocks to watch out for as they change how everything is done from day-to-day life situations all the way up to big corporate deals with one another. The best of these companies have been around a while but there are also some new ones that hold promise in future projects/decisions on which company will be involved in your next project or purchase online etcetera
Ticker | Company Name | Last Price | 1-Year Return | Market Cap |
|---|---|---|---|---|
| GOOGL | Alphabet Inc. | $183.59 | 37.74% | 2268.3B |
| ADBE | Adobe Inc. | $551.25 | -11.83% | 241.8B |
| CRM | salesforce.com, inc. | $354.57 | 40.65% | 338.2B |
| NVDA | NVIDIA Corporation | $139.34 | 198.82% | 3439.4B |
| NOW | ServiceNow, Inc. | $1,143.59 | 62.18% | 235.2B |
| VEEV | Veeva Systems Inc. | $245.21 | 40.54% | 39.8B |
| PAYC | Paycom Software, Inc. | $234.13 | 23.73% | 13.5B |
| MSFT | Microsoft | $448.89 | 20.90% | 3341.8B |
| IBM | International Business Machines | $233.67 | 42.91% | 215.0B |
| TWLO | Twilio | $110.94 | 55.88% | 17.0B |
| ORCL | Oracle Corporation | $177.67 | 54.32% | 486.3B |
| AMZN | Amazon | $228.61 | 56.70% | 2399.5B |
| TWOU | 2U, Inc. | #N/A | #N/A | #N/A |
| PLAN | Anaplan | $0.16 | 23.08% | 17.6M |
| DBX | Dropbox | $28.98 | 3.72% | 9.0B |
| WDAY | Workday | $273.94 | -0.79% | 72.8B |
| INTC | Intel | $20.32 | -54.38% | 87.6B |
| MU | Micron Technology | $100.94 | 29.76% | 113.5B |
| DELL | Dell | $119.47 | 72.54% | 83.8B |
| HPE | Hewlett Packard Enterprise | $22.30 | 33.85% | 28.9B |
| CSCO | Cisco | $58.33 | 18.10% | 232.3B |
| VMW | VMware | $0.00 | #N/A | 61.5B |
| EQIX | Equinix | $965.47 | 21.11% | 93.1B |
| ADSK | Autodesk | $306.57 | 35.60% | 65.8B |
| NFLX | Netflix | $917.99 | 99.61% | 391.6B |
| OKTA | Okta | $83.95 | 14.16% | 14.3B |
| PANW | Palo Alto Networks | $395.86 | 32.01% | 129.7B |
| SPLK | Splunk Technology | #N/A | #N/A | #N/A |
| FIVN | Five9 Inc | $42.40 | -46.20% | 3.2B |
| CTXS | Citrix Systems | #N/A | #N/A | #N/A |
| AKAM | Akamai Technologies | $98.41 | -14.22% | 14.7B |
| ANET | Arista Networks | $107.40 | 89.62% | 134.5B |
| ZS | Zscaler | $206.31 | 0.41% | 31.5B |
| INTU | Intuit | $658.65 | 12.27% | 183.5B |
| BABA | Alibaba | $89.71 | 25.70% | 214.2B |
| NTAP | NetApp Inc | $122.85 | 36.88% | 25.0B |
| CLDR | Cloudera Inc | #N/A | #N/A | #N/A |
| SHOP | Shopify Inc | $115.86 | 59.13% | 150.1B |
| MSTR | MicroStrategy Inc | $365.00 | 556.71% | 86.5B |
| SAP | SAP SE | $253.45 | 59.27% | 313.2B |
| DOCU | DocuSign Inc | $98.79 | 83.90% | 20.1B |
| TDC | Teradata Corp | $32.26 | -26.35% | 3.1B |
| NTNX | Nutanix Inc | $66.16 | 42.83% | 17.6B |
| MDB | MongoDB Inc | $310.40 | -21.50% | 23.2B |
| CTL | Centurylink Inc | $18.49 | -55.45% | 15.6M |
| APPN | Appian Corp | $39.63 | 8.25% | 2.9B |
| DOMO | Domo Inc | $7.80 | -14.29% | 298.2M |
| BOX | Box Inc | $32.68 | 34.21% | 4.7B |
Examples of Cloud Stocks
Cloud computing has become an increasingly important part of the technology industry, and as such, many companies have begun to focus on this area as a source of growth. The following are some of the best cloud stocks to consider for investment.
- Amazon Web Services (AWS) – Amazon’s cloud computing division is the largest in the industry and continues to grow at a rapid pace. AWS offers a wide range of services, including storage, computing power, and databases, making it a one-stop-shop for companies looking to move to the cloud.
- Microsoft Azure – Microsoft’s cloud computing division is a close second to AWS in terms of size and offers a similar range of services. One of the key advantages of Azure is its integration with other Microsoft products, such as Office 365 and Dynamics 365.
- Salesforce – Salesforce is a customer relationship management (CRM) software company that has expanded into the cloud with its Salesforce Cloud offering. Salesforce Cloud provides businesses with a range of tools to manage their sales, marketing, and customer service efforts in the cloud.
- Adobe – Adobe has also made a big push into the cloud with its Creative Cloud offering. Creative Cloud provides businesses and individuals with access to a range of creative tools, such as Photoshop and Illustrator, as well as cloud storage and collaboration tools.
- Alibaba – Chinese e-commerce giant Alibaba has also made a big push into cloud computing with its Alibaba Cloud division. Alibaba Cloud offers a wide range of services, including storage, computing power, and databases, and has a strong focus on the Asian market.
The cloud is a rapidly growing sector and these companies are well positioned to benefit from that growth. Each of these stocks has its own unique strengths and potential risks, so investors should research them further before making a decision. Furthermore, cloud stocks are generally considered to be a solid long-term investment, as the demand for cloud services is only expected to increase in the coming years.
About the Cloud Industry
Cloud computing is a technology that allows individuals and businesses to access and use a wide range of software, services, and data over the internet. Instead of having to install and maintain software and hardware on their own computers and servers, users can access these resources remotely through the cloud. This allows them to be more flexible and efficient in their use of technology.
The cloud industry is made up of a number of different players, including large technology companies such as Amazon, Microsoft, and Google, as well as smaller, specialized providers. These companies offer a wide range of services, including infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS).
IaaS providers, such as Amazon Web Services (AWS) and Microsoft Azure, offer virtualized computing resources, such as storage and processing power, over the internet. PaaS providers, such as Google Cloud Platform and Heroku, offer a platform for developers to build, test, and deploy their own applications without having to maintain the underlying infrastructure. SaaS providers, such as Salesforce and Adobe, offer specific software applications, such as customer relationship management (CRM) and creative tools, on a subscription basis.
The cloud industry has grown rapidly in recent years, driven by the increasing need for businesses to be more flexible and efficient in their use of technology. According to a report by Gartner, the global cloud services market is expected to grow by 17.3% in 2021 and reach $304.9 billion. This growth is driven by a number of factors, including the increasing adoption of cloud computing by small and medium-sized businesses, the growing use of cloud-based services for artificial intelligence (AI) and the Internet of Things (IoT), and the increasing need for remote work due to the COVID-19 pandemic.
In summary, The cloud industry is a rapidly growing sector, and companies that provide cloud-based services are well-positioned to benefit from that growth. The industry is highly competitive, and it is dominated by large technology companies such as Amazon, Microsoft and Google, but there are also many specialized providers that offer specific services and solutions. The cloud services market is expected to grow in the coming years, driven by factors such as the increasing adoption of cloud computing by small and medium-sized businesses, the growing use of cloud-based services for AI and IoT, and the increasing need for remote work due to the COVID-19 pandemic.
Factors to Consider Before Investing in Cloud Stocks
Cloud stocks are rewarding investments; however, they are highly volatile, and their performance is impacted by various government regulations, new research and development, and other unexpected events.
Therefore, investors must consider the fundamentals of the companies, including earnings, P/E ratios, projected earnings growth, dividend yield, and return on equity, before investing in cloud stocks. Investors must take a detailed look at the business model of the cloud companies and their growth potential before investing in their stocks.
Additionally, investors must also analyze other parameters such as gross margin and variation of actual revenues from estimated revenues to get a clear picture of the real potential of cloud companies and cloud stocks.
Which Cloud Stocks Should I Buy?
Cloud stocks can either belong to cloud maintenance companies, cloud service companies, or the giant cloud ninjas that own large amounts of information and data centers. Among the top cloud stocks that trade on the stock exchanges, we have aggregated a list of the best cloud stocks for you.
Investors must consider the valuation of stocks before investing in them. In recent times, the stock prices of many cloud companies have plummeted; however, the reduction has offered an opportunity for new investors to enter the cloud computing space.
Cloud stocks function in a highly competitive environment. Investors should buy cloud stocks that belong to leaders in the industry, with some diversification into small but promising players, and companies that hold high barriers to entry.
If you’re interested in investing in cloud stocks, you may also enjoy our list of other tech stocks. Technology is an ever growing market, make sure to use all the information above when making your stock choices.
