Best Stocks For Cloud Computing

Best stocks for cloud computing

If you are looking for information about cloud computing stocks, you came to the right place! In this article I will provide you with a list of cloud computing stocks that will help you decide if cloud stocks are interesting as an investment.

What is cloud computing?

The cloud is a metaphor for the Internet. It’s where data, applications and services are stored in remote servers that can be accessed by devices over the Internet. Your personal files may be stored there so you can access them when you need to without having to move them or copy them back and forth between devices.

Today, most companies are moving their computing infrastructures to the cloud, and it’s allowing them to manage many tasks with greater ease.

What is a cloud stock?

These are companies that serve the cloud and help make it run. They supply the software, the hardware, and services needed to keep the cloud going. Companies like Dell Technologies and Intel are part of this group.

Would cloud based computing be suitable for all companies?

It’s true that the cloud offers a nearly endless selection of options for small businesses through vast corporate enterprises, but no, it’s not right for every company. The benefits of using cloud options over the outdated in-house IT model are clear:

• Flexibility;
• Affordability;
• Scalability;
• Reliability.

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Best cloud computing stocks

Companies such as Salesforce (NYSE: CRM), Adobe (NASDAQ: ADBE) and Autodesk (NASDAQ: ADSK) are leading the way in the cloud. The following list shows you the top 5 cloud computing stocks that are investing heavily in cloud computing:

1. Microsoft
2. Amazon
3. Salesforce
4. Autodesk
5. Adobe

1. Microsoft

Microsoft (NASDAQ:MSFT) is the leader in cloud computing technology and offers its own Azure Cloud system to compete with Amazon Web Services. The following graphic shows you just how large Microsoft’s cloud network has become.

2. Amazon

Amazon (NASDAQ:AMZN) might be primarily known for its e-commerce platform, but it has quickly become a top player in the cloud computing sphere. The company’s Amazon Web Services platform is now the leading cloud system among enterprises, startups and government agencies.

3. Salesforce

Salesforce (NYSE:CRM) is another leading provider of cloud technology with its Salesforce application which offers sales teams tools to manage customers, sales, service, marketing and social media.

4. Autodesk

Today’s technology is moving at lightning speed, which means products require quick iteration based on new insights and research. This can be very challenging for companies that are behind the times when it comes to their IT infrastructure; Autodesk (NASDAQ: ADSK) is not one of those companies. The company has deep experience with cloud computing and offers a range of services from desktop to mobile solutions.

5. Adobe

In the past, Adobe (NASDAQ: ADBE) was mainly known as a creator of graphics software such as Photoshop and Illustrator, but now it’s all about the cloud. In fact, the Adobe Creative Cloud is one of the most popular cloud services on the market.

Artificial Intelligence (AI) is a trend that will continue to grow in 2021, and there are many stocks that stand to benefit from this technology. The following five companies all use AI or machine learning for their products, which could make them one of the best cloud stocks of this year.

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What potential problems slow down wider use of cloud computing in companies?

Over the years, the adoption of Cloud computing was slower due to various reasons such as mobility, bandwidth, the fear of losing control, security, privacy, data protection, performance and uptime, lack of Cloud business brokers, and unawareness.

What is cloud computing replacing?

Cloud Computing is an off-premise data center that stores all its data and could be accessed from anywhere in the world, with far less latency. So, this is replacing all the options described above like, Corporate data centers, expensive Personal computer hardware, expensive software upgrades.

How to invest in cloud computing stock?

There are two ways to invest in cloud computing. One way is to go with the cloud stocks that offer services and will benefit from higher adoption of this technology. The other way is to directly buy shares of the companies involved, such as Microsoft (NASDAQ:MSFT) and Salesforce (NYSE:CRM).

To start trading cloud computing stocks it’s essential to choose a online broker which has access to this stocks. Be sure you make a comparison on this page, take a look at our overview with all the offers which are perfectly fitting for this kind of stocks. This way you will profit from the lowest trading fees.