Generic selectors
Exact matches only
Search in title
Search in content

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 The benefits of using cloud options over the outdated in-house IT model are clear: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.
1
etoro logo
Minimal deposit
$50
Exclusive promotion
Our score
10
★★★★★

0% commission

2
degiro logo
Minimal deposit
$50
Exclusive promotion
Our score
10
★★★★★

0% commission

3
ig logo
Minimal deposit
$50
Exclusive promotion
Our score
10
★★★★★

0% commission

On this place we implement a warning

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.

1
Market Cap
$2.406T
NasdaqGS
Our score
9.5
★★★★★

0% commission

2
Market Cap
$1.707T
NasdaqGS
Our score
9
★★★★★

0% commission

3
Market Cap
$247.521B
NYSE
Our score
8.7
★★★★★

0% commission

4
Market Cap
$60.42B
NasdaqGS
Our score
8.5
★★★★★

0% commission

5
Market Cap
$264.332B
NasdaqGS
Our score
8
★★★★

0% commission

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.


★★★★★
Reportlab score

★★★★★
Reportlab score

★★★★★
Reportlab score
Learn moreLearn more (review)Learn more (review)
Fees
$0
Per trade
Fees
$0
Per trade
Fees
$0
Per trade
Minimum Deposit
$50
Minimum Deposit
$50
Minimum Deposit
$50
Promotion
$50 – $5.000
Check conditions
Promotion
1 free stock
Check conditions
Promotion
1 free stock
Check conditions

etoro logo

Our score
★★★★★

degiro logo

Our score
★★★★★

ig logo

Our score
★★★★★

Newsletter

Table of Contents

etoro logo

Our score
★★★★★ 10/10

0% commission

Frequently asked questions

Here are ten industries that can directly benefit from cloud computing solutions:

  • Automotive
  • Education
  • Financial
  • Healthcare
  • Insurance
  • Hospitality
  • Production
  • Real Estate

According to IDC, the biggest spender on public cloud services in 2018 was discrete manufacturing with nearly $20 billion. Process manufacturing also spent more than $10 billion. As cloud computing brings greater speed and accuracy to manufacturing operations, the numbers are expected to grow further.

We can see the future of Cloud computing as a combination of cloud-based software products and on-premises compute which will help to create hybrid IT solutions. The modified cloud is scalable and flexible, which will provide security and control over data center.

Top 5 cloud computing exchange-traded funds ETFs:

  • First Trust Cloud Computing ETF (SKYY)
  • Global X Cloud Computing ETF (CLOU)
  • WisdomTree Cloud Computing Fund (WCLD)
  • First Trust Dow Jones Internet Index Fund (FDN)
  • ARK Next Generation Internet ETF (ARKW)

Gartner’s 2021 Magic Quadrant report on cloud computing platforms is much the same as it was for 2020, 2019 and 2018: AWS, Microsoft and Google are the three “Leaders” and everyone else is mostly relegated to the “Niche Players” quadrant based on “ability to execute” and “completeness of vision” axes.

Owing to almost half of the cloud market share, Amazon become the leading cloud market shareholder. Amazon Web Services become a clear market leader in 2021. And as per the reports by parkmycloud, AWS (Amazon Web Services) generated a revenue of $13.5 billion for Q1 2021.

The global cloud computing market size is expected to grow from USD 445.3 billion in 2021 to USD 947.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.3% during the forecast period.

You might also like this:

Reportlab authors

Rebecca Nunes
Rebecca Nunes

Rebecca has a passion for cryptocurrencies and is happy to tell you more about them

Freddy Agard
Freddy Agard

Freddy writes a lot about the stock & equity market and its various options

Josh Harrison
Josh Harrison

Josh has been running in the world of cryptocurrencies since the early days.

Stephen Johnson
Stephen Johnson

Stephen knows a lot about financial products, he writes on several topics

What is Reportlab about?

Reportlab is a website where you can research stocks, cryptocurrencies, get investment tips and find the latest news about financial markets.

  • Our comparison tools, research articles and reviews are easy to read, use and totally independent. This makes sure that you know everything from A to Z about your potential investment.
  • Our financial review and comparison site is aimed at the entire European market. This means that we compare products and services online on the most important features. In addition, with us you quickly know where and how to buy stocks or cryptocurrencies.

Our mission

We believe that no one should have to pay too much unnecessarily for their financial products. Therefore, we make it easy for you to find realiable, trusted brokers that can help you with specific investments like stocks and cryptocurrency.

Helping you with investing

If you have difficulty making a investment choice, our comparison option will help you on your way. Another option is reading one of our in depth reviews or guides to gain more information about certain investments or brokerages.