Cloud computing stocks have taken the lead in the technology sector in recent years, but not quite as much as other areas like semiconductors. In fact, cloud computing stocks rose only about 10% overall in 2021, compared to a 27% return for the Nasdaq 100.

However, it cannot be denied that the topic of cloud computing will persist. Companies are investing billions of dollars in the development of their cloud infrastructures and the growth of this sector is accelerating thanks to the work-from-home trend that is likely to continue indefinitely. The cloud sector is expected to grow 16% annually for the next five years.


Source link

Leave a Reply