Published on 19 Jan 2022 on Insider Monkey via Yahoo Finance
13 Best Cloud Stocks To Buy Now
In this article, we discuss the 13 best cloud stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Cloud Stocks To Buy Now.
The cloud sector has been pummeled in recent weeks after the Federal Reserve indicated that interest rate hikes are on the way, resulting in a mass exodus from growth towards value at the market. The cloud industry has outperformed the broader industry by a wide margin over the past decade. The BVP Cloud Index, created by Bessemer Venture Partner and comprising cloud companies, has gained more than 900% since 2013. This is triple the gain of the growth-heavy NASDAQ during the period, indicating the performance of the cloud industry within the tech sector, and almost five times the gains of the benchmark S&P 500.
Buying The Dip and Future Trends In Cloud Market