Cloud computing stocks have been in great demand in the wake of digitization since the outbreak of the COVID-19 pandemic. Investors have started watching cloud computing stocks aside from technology stocks as well as the cryptocurrency market. The global cloud computing stock market is projected to hit $ 791.48 billion in 2028, with a CAGR of 17.9%. Several technology companies are using cloud computing, making it a profitable investment for the technology-driven future. Let’s take a look at some of the top October cloud stocks to invest in.
Top cloud computing stocks this October
The trading desk
Market Cap: $ 38.80 billion
The Trade Desk is one of the top cloud computing stocks for investors in October, doing business as a technology company around the world. The company operates a cloud-based self-service platform that enables buyers to create and optimize data-driven digital advertising campaigns across multiple ad formats and channels. There are data and other value-added services for …