Is Microsoft, Amazon, or Alphabet the Best Stock in This $1.5 Trillion Industry?
Cloud computing is a massive industry, and it will only get bigger. Grand View Research pinpoints the total cloud computing market opportunity at $620 billion right now, but it's expected to grow to $1.5 trillion by 2030. With such a large opportunity available, plus massive growth, investors must have exposure to this industry.
The problem is that there are almost no pure plays in cloud computing. Instead, they're hidden within much larger companies. At the top of the list in cloud computing market share right now are Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN), and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). Cloud computing is not any of these companies' largest components, but it is an important growth factor.
But which one of these is the best to own?
Source Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 98 Buy predictions and no Sell predictions.
As a result the target price of 180 € shows a positive potential of 32.24% compared to the current price of 136.12 € for Alphabet Inc. A.
