Tech Sell-Off: 1 Growth Stock Down 73% to Buy Right Now

Thanks to the continuous migration of everyday life into the online world, the adoption of cloud services is rapidly growing -- whether individuals pay $0.99 per month to Apple (NASDAQ: AAPL) for iCloud storage, or their workplace spends thousands of dollars per month for more advanced tools and services.

Cloud computing began decades ago as an innovative way to store data, but the capabilities offered by leading cloud providers are constantly evolving, and new opportunities are forming across the industry. Those opportunities could be worth $483 billion in 2022, but are expected to triple to over $1.5 trillion annually by 2030.

Image source: Getty Images.

Continue reading

Source Fool.com