7 Cloud Computing Stocks to Lift Your Portfolio to New Heights

	Good evening, Many of us hate the term the new normal, I know I do. We liked things the way they are with handshakes and hugs and the whole messy business that goes with genuine human contact. And w... Unsubscribe Good evening, Many of us hate the term the new normal, I know I do. We liked things the way they are with handshakes and hugs and the whole messy business that goes with genuine human contact. And we can all hope that will come back soon, especially now that we are starting to get a vaccine distributed. But between binge-watching and maybe binge shopping, something is happening. We have created a new normal that’s not going away. Some of us have realized we really didn’t like going to the grocery store that much. Others have realized that we may enjoy working from home. And some of us have even visited our doctor without leaving our house. And all of this is being brought to you by the explosion of the cloud computing market. This market is expected to grow from approximately $371.4 billion in 2020 to $832.1 billion in 2025. For those of you scoring at home, that’s a compound annual growth rate of 17.5% Could I interest you in that? Cloud computing was already on a meteoric growth track before the pandemic. But the pandemic has created an inflection point. There have been certain behaviors that we just did. Perfunctory details like going to a title office to sign closing documents on the house. Habits like going to the grocery store every day because it was convenient. Rituals like a morning and evening commute. But all of those and more are likely to be changed, if not by everyone, than by a fair amount of people. And that is going to fuel the opportunity in cloud computing stocks. Some of these stocks look a bit overheated at the moment. However, if that CAGR number is correct, we’re only in the early stages of a megatrend.  Can you get excited about that? If you aren’t already investing in the cloud, or maybe you weren’t exactly sure what you were investing in, I urge you to read this special presentation right now. We’ve picked seven stocks that are defining cloud computing and have long runways ahead of them. View the “7 Cloud Computing Stocks to Lift Your Portfolio to New Heights” Matthew Paulson MarketBeat.com
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