3 Top Cloud Stocks to Buy in December
The COVID-19 pandemic accelerated the move to the cloud for enterprises large and small. After all, the public cloud offers more flexibility, access to the latest processors and technologies, and a host of other benefits.
However, recent fears over inflation have caused many leading cloud stocks to decline materially. That's because cloud stocks are fast-growers, with high valuations relative to today's profits, making them susceptible to higher interest rates.
Yet a big marketwide pullback often means opportunity to invest in top companies with leading positions and promising futures. November's swoon has thus makes these three cloud leaders big buys heading into 2022.
Source Fool.com
