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3 Top Cloud Computing Stocks to Buy in July


The cloud will be a massive industry by 2030. According to tech researcher Gartner, global spending on cloud computing should grow about 23% this year and exceed $330 billion. And with double-digit percentage expansion in the forecast for the foreseeable future, this could easily be a $1 trillion-a-year chunk of the world economy by the end of the decade.  

Buying and staying invested in stocks with secular growth trends like this yields powerful results. Three top stocks for the cloud revolution this month are Advanced Micro Devices (NASDAQ: AMD), Anaplan (NYSE: PLAN), and Zoom Video Communications (NASDAQ: ZM). Here's why.

Image source: Getty Images.

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Source Fool.com

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