As the digital skies brighten, an investment in the right cloud companies might just be the golden ticket. Cloud technology is undeniably the wave of the future, and those looking to ride this wave should eye cloud-centric stocks. Without any ado, here’s our handpicked selection of seven cloud enterprises making waves and climbing the stock charts.
Cloud Investment Picks to Amplify Your Wealth
Here are the 7 cloud investment stars positioned to line your pockets in 2022:
Alphabet: A titan since 2015, Alphabet has enjoyed remarkable growth and attention. As purveyors of choice internet services and information, they stand out as a top pick. Currently boasting a market valuation soaring over $1.9 trillion and holding the title of the third-largest name in cloud computing. Alphabet’s cloud stock has garnered an impressive Strong Buy consensus in Koyfin’s analysis, with a total of 48 analysts offering 15 Strong Buy ratings, 32 Buys, and a solitary Hold. This stock holds promising potential for investors.
Adobe: Adobe has etched its legacy by empowering creatives with affordable and cutting-edge solutions. With the software giant valued at approximately $244 billion, it has witnessed substantial growth across its diverse businesses segments early in the year. Koyfin’s evaluations echo a resounding Strong Buy consensus for Adobe’s cloud stocks, with 7 Strong Buys, 18 Buys, and 6 Holds from a group of 31 industry analysts.
Image: Shopify
Shopify: A giant in the realm of e-commerce, Shopify commands an impressive market value of about $110.4 billion. The company prides itself on its financial and order management solutions that cater to a plethora of businesses globally. According to Koyfin, Shopify’s cloud stock is a solid Buy, with the company receiving 5 Strong Buys, 20 Buys, 17 Holds, and 2 Strong Sells in analyst ratings.
DigitalOcean: DigitalOcean may be a fresh face in the IT sector, but with a market cap around $6.1 billion, it’s making noticeable ripples in the cloud services market with its developer-friendly platform. Out of 10 analysts surveyed by Koyfin, the company earned Strong Buy accolades from three, a Buy from five, and two Holds, signaling confidence from market observers.
NetApp: Operative in cloud data services, NetApp’s approximately $19.6 billion market value and analytics suggest it is an investment to consider. It’s been lauded with 4 Strong Buys, 9 Buys, and 8 Holds by Koyfin analysts, alongside 2 Strong Sells.
Image: Hewlett Packard Enterprise
Arista Networks: Boasting a market valuation of around $37.7 billion, information technology enterprise Arista Networks is yet another commendable stock pick offering top-notch software-driven networking services. Its current Buy rating from Koyfin’s scrutiny places it among the prime cloud stock choices.
Hewlett Packard Enterprise: Known widely for its HP-branded tech equipment, Hewlett Packard Enterprise has a market cap near $21.9 billion and carries a Buy rating from Koyfin, with 5 Strong Buys, 8 Buys, 9 Holds, one Sell, and one Strong Sell in expert analysis.
Wrap-Up
Those poised to pounce on the booming cloud sector will find our top 7 stock picks for 2022 a treasure trove for investment opportunities. With cloud computing forging large-scale transformations, these companies exhibit the potential for significant ROI, making them standouts in the investment landscape, offering stocks at compelling valuations.
