Top Performing Cloud Stocks

The post Top Performing Cloud Stocks by Kaitlyn Wolf appeared first on Benzinga. Visit Benzinga to get more great content like this. Stay up to date on all cloud stocks with Benzinga Pro, your go-to stock market research platform with real-time news and actionable insights. In today’s technological era, cloud computing has become an essential part of life for businesses and individuals alike. As more and more companies shift towards cloud-based solutions, investors are eyeing the potential for … Continued The post Top Performing Cloud Stocks by Kaitlyn Wolf appeared first on Benzinga. Visit Benzinga to get more great content like this.

Top Performing Cloud Stocks

The post Top Performing Cloud Stocks by Kaitlyn Wolf appeared first on Benzinga. Visit Benzinga to get more great content like this.

Stay up to date on all cloud stocks with Benzinga Pro, your go-to stock market research platform with real-time news and actionable insights.

In today’s technological era, cloud computing has become an essential part of life for businesses and individuals alike. As more and more companies shift towards cloud-based solutions, investors are eyeing the potential for growth in cloud computing stocks. With so many options available, which cloud stocks should you consider for your investment portfolio?

Cloud computing has revolutionized the way businesses operate, offering increased efficiency, scalability, and cost savings. As a result, the demand for cloud services continues to soar, creating a lucrative investment opportunity. However, not all cloud computer stocks are created equal, and choosing the right ones can be a daunting task.

To help you make informed investment decisions, Benzinga compiled a list of the best cloud computer stock picks. These companies have demonstrated strong growth potential, solid financials, and a competitive edge in the cloud computing market. Whether you are a seasoned investor or just starting out, these stock picks can guide you towards capitalizing on the thriving cloud computing industry.

Quick Look at the Top Performing Cloud Computing Stocks:

Symbol Company % Change Price Dividend Yield Invest
CRM Salesforce
+ 4.02%
$242.76 1.664 / 0.01% Buy stock
AMZN Amazon.com
– 0.07%
$230.81 N/A Buy stock
ADBE Adobe
+ 2.1%
$355.90 N/A Buy stock
SNOW Snowflake
+ 2.31%
$199.40 N/A Buy stock
MSFT Microsoft
– 0.41%
$520.35 3.32 / 0.01% Buy stock
ZM Zoom Communications
+ 1.71%
$73.09 N/A Buy stock
NOW ServiceNow
+ 1.84%
$866.50 N/A Buy stock
TTD Trade Desk
+ 2.64%
$52.10 N/A Buy stock
DOCN DigitalOcean Holdings
+ 2.32%
$31.25 N/A Buy stock
ZS Zscaler
+ 1.47%
$274.97 N/A Buy stock
ORCL Oracle
+ 0.9%
$247.15 2 / 0.01% Buy stock
GOOGL Alphabet
+ 0.49%
$203.93 0.84 / 0% Buy stock

Where to Buy

Don’t miss out on any potential profits, start investing in cloud computer stocks today with Benzing’s top brokers. Compare brokers below:

Claim Exclusive Offers

get started securely through Interactive Brokers’s website
Best For
Active and Global Traders
N/A
1 Minute Review

Interactive Brokers is a comprehensive trading platform that gives you access to a massive range of securities at affordable prices. You can buy assets from all around the world from the comfort of your home or office with access to over 150 global markets. Options, futures, forex and fund trading are also available, and most traders won’t pay a commission on any purchase or sale.  

IBKR is geared primarily toward experienced traders and investors but now with the availability of free trades with IBKR Lite, casual traders can also acclimate to IBKR’s offerings.

Best For
  • Access to international markets
  • Active traders
  • Detailed mobile app that makes trading simple
  • Wide range of available account types and tradeable assets
Pros
  • IB SmartRouting provides significant price improvement vs. industry
  • Fractional trading allows investing regardless of share price
  • Industry’s lowest margin rates
  • Earn more by lending your fuly-paid shares
Cons
  • Beginner investors might prefer a broker that offers a bit more hand-holding and educational resources
get started securely through Plus500’s website
Disclosure: 82% of retail accounts lose money
Best For
Leveraged Trading
N/A
1 Minute Review

82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Plus500 is an online CFD broker focusing on contracts for difference (CFDs). CFDs are similar to binary options in the U.S. where traders take all-or-nothing speculation on the prices of certain securities like indices, commodities or currencies. While not legal to trade in the U.S., CFDs are legal in many jurisdictions across the globe and Plus500 offers a wide array of tradable markets using these instruments. 

Plus500 doesn’t charge commission and only profits off the spread, which is the difference between the buy and sell price of a specific security. But Plus500 is not a broker for beginners — the education materials are sparse and CFDs are risky derivatives capable of sapping out all of an investor’s capital. Only trade these instruments if you understand how they operate and the risks involved with buying them.

Best For
  • Traders looking for a smooth mobile experience
Pros
  • Great mobile app
  • Low spreads and commissions
  • Unlimited demo account
Cons
  • Only derivatives are available
  • Not open to U.S. residents
get started securely through public.com’s website
Best For
Trading Ideas
N/A
1 Minute Review

Public is the only investing platform that lets you trade stocks, ETFs, crypto, bonds, options and alternative assets—like fine art and collectibles—all in one place. Public also provides access to custom company metrics, live shows about the markets, and insights from a community of millions of investors, creators, and analysts.

Today, Public provides more ways to create a diversified portfolio than nearly any other online broker. Members can engage in sophisticated investing strategies and access a wealth of investing insights—from company-specific analysis to live audio shows and town hall-style Q&As. In addition, Public offers a premium membership tier with unique company KPIs, detailed performance metrics, and institutional-grade research. 

 

Best For
  • Stock and ETF investors
  • Crypto investors
  • Investors looking to diversify with alternative assets or bonds and options
Pros
  • Commission-free stock and ETF trading
  • Fractional share investing
  • Advanced data, tools, and insights with Public Premium
Cons
  • You can’t transfer crypto to another wallet
  • No mutual funds or precious metals
  • At this time, only offers individual brokerage accounts and not IRAs
get started securely through Robinhood’s website
Best For
Beginners
N/A
1 Minute Review

Robinhood is a popular trading platform known for its commission-free trades and user-friendly mobile app. Ideal for novice investors, Robinhood makes it easy to buy and sell stocks, ETFs and cryptocurrencies. The platform offers a straightforward, no-frills experience, making it accessible for users new to investing. With features like fractional shares and a sleek interface, Robinhood lowers the barriers to entry for investing, allowing users to start with just a few dollars. It lacks the advanced tools and research options that more experienced investors might seek. Overall, Robinhood is a great choice for beginners seeking a simple way to invest.

Best For
  • Beginners looking for simplicity
  • Mobile-first investors
  • Commission-free trades
Pros
  • User-friendly mobile app
  • Instant double
  • Cash management
  • Access to cryptocurrencies
Cons
  • Limited research tools
  • No mutual funds available
  • Basic customer support options
get started securely through TradeZero’s website
Best For
Active Short Sellers With Modest Capital
N/A
1 Minute Review

TradeZero is an online broker and free stock trading platform that provides everything you need to successfully share and trade, including round-the-clock customer support. TradeZero provides four different trading state-of-the-art software programs with its services, a locator for sourcing shares for shorting, commission-free trades, and real-time streaming, to name a few of the features promoted on their website. The software is a unique and (potentially) affordable option for anyone interested in stock trading.

Best For
  • Traders seeking high transparency and mobility in a stock trading program
  • Those attracted to commission-free trades
  • Those seeking a free version of a high-quality trading program
Pros
  • 24/7 live customer support
  • Uses ZeroWeb technology, a powerful level 2 online platform with direct market access
  • Mobile app allows users to access stocks and trade in real-time while on the go
Cons
  • Enforces Pattern Day Trading restrictions (accounts need to maintain a daily equity balance of at least $25k)
  • Mobile app could offer more features

Pros and Cons

Before investing in cloud stocks, it is important to consider the pros and cons of this type of stock investment. Here is what you need to know. 

Pros of Investing in Cloud Computing

  • Rapidly growing industry with a huge potential for future growth.
  • Strong performance in recent years, with many companies in the sector experiencing significant stock price appreciation.
  • Diversification to an investment portfolio, as they are not heavily correlated with traditional sectors such as manufacturing or energy.
  •  Cloud computing companies often have recurring revenue models, which can provide a stable and predictable stream of income for investors.
  • Can play on other emerging technologies such as artificial intelligence and Internet of Things, as these technologies often rely on cloud infrastructure.

 Cons of Investing in Cloud Computing

  • Can be volatile and subject to market fluctuations, as they are often considered high-growth stocks.
  • Some cloud computing companies face intense competition, which can impact their profitability and market share.
  • Regulatory and compliance issues can pose risks for cloud computing companies, especially in terms of data privacy and security.
  • Investing requires thorough research and understanding of the industry, as well as the ability to identify companies with strong fundamentals and competitive advantages.
  • The valuation of cloud computing stocks can be challenging, as the sector is often characterized by high valuations and lofty expectations.

Frequently Asked Questions 

Q

Is it good to invest in cloud storage?

1
Is it good to invest in cloud storage?
asked
A
1

Yes, investing in cloud storage can be a good decision for several reasons. Cloud storage offers numerous advantages and can greatly enhance productivity and efficiency for both individuals and businesses, making cloud stocks an investment with high potential.

answered
Q

Who is the biggest cloud company?

1
Who is the biggest cloud company?
asked
A
1

The biggest cloud company currently is Amazon Web Services (AWS). They dominate the market with a wide range of cloud services and a large customer base.

answered
Q

What are the big 3 cloud providers?

1
What are the big 3 cloud providers?
asked
A
1

The big 3 cloud providers are Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP).

answered

The post Top Performing Cloud Stocks by Kaitlyn Wolf appeared first on Benzinga. Visit Benzinga to get more great content like this.

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