3 Cloud Stocks With at Least 22% Upside, According to Wall Street
Over the past year, stock market volatility has been off the charts. We've navigated our way through the fastest bear market dive in history and the quickest snap-back rally to all-time highs. Amid this chaos, one trend has vastly outperformed: cloud computing.
Everything having to do with the cloud, including storage, infrastructure, platform, and software, has flourished. Given that the coronavirus pandemic has completely disrupted the traditional work and shopping environment, businesses and consumers have figured out just how effective they can be in their own offices or on their own couches.
It also hasn't hurt that interest rates are near all-time lows. High-growth cloud stocks have the ability to borrow cheaply in order to hire, innovate, or acquire, should they choose to do so.
Source Fool.com