The future’s so bright, you’ve got to wear shades — That’s a bold statement, but we think it might be true. The cloud is the future, and there’s no better option than investing in cloud stocks. If you’re looking for a way to get on board with all of the exciting changes happening in technology right now, look no further. We’ve compiled a list of seven companies that are doing big things in the cloud space — and all of them have been rising steadily.
Best cloud stocks to get rich
Here are the 7 best cloud stocks to buy that will make you rich in 2022:
Alphabet: This company has been around since 2015 and has seen huge growth over the past few years. It’s one of our favorites because its mission is to provide customers with high-quality internet content and reliable information. According to reports, the company has a market value of over $1.9 trillion. It is the third largest cloud computing company worldwide. According to Koyfin surveys, its cloud stock was rated an overall Strong Buy. They surveyed 48 analysts, from which 15 rated its stock a Strong Buy, 32 rated it a Buy and one rated it a Hold. From these reports, the cloud stock price is definitely worth investing in.
Adobe: This company has made a name for itself by focusing on providing affordable solutions that are tailored specifically towards creators. As a software industry, they have a high market value of about $244 billion. For the first quarter of the year, the company has seen a higher increase across all its segments. According to Koyfin surveys, its cloud stocks were rated an overall Strong Buy. From a survey of 31 analysts, 7 rated it a Strong Buy, 18 rated it a Buy and 6 rated it a Hold.
Shopify: This is one of the largest e-commerce companies in the world. It has a market value of about $110.4 billion. The company is focused on managing all things finance and orders for a large number of businesses worldwide. If you’re considering this company, the cloud stock price is definitely worth it. Koyfin has rated it an overall Buy since its surveys showed that 5 analysts rated it a Strong Buy, 20 rated it a Buy, 17 rated it a Hold, and 2 rated it a strong sell.
DigitalOcean: This is an upcoming company in the information technology sector. Even with its market value of about $6.1 billion, its cloud stocks are breaking the market. It is focused on offering cloud computing services to businesses and developers alike. Koyfin rated this an overall Strong Buy from about 10 analysts’ surveys. Three rated its stocks a Strong Buy, Five rated it a Buy and two rated it a Hold.
NetApp: This company belongs to the information technology sector. It provides cloud data services to its users. It has a market value of about $19.6 billion. Koyfin rated it an overall Buy with 4 analysts rating it a Strong Buy, 9 rated it a Buy, 8 rated it a Hold and 2 rated it a Strong sell.
Arista Networks: With a market value of about $37.7 billion, the information technology company is a great company to buy stocks from. It provides software networking services to its users. According to Koyfin’s survey, it was rated an overall Buy making it one of the best cloud stocks to buy.
Hewlett Packard Enterprise: The producer of HP laptops and all things hardware technology, has one of the best cloud stocks to buy. It has a market value of about $21.9 billion. It was rated an overall Buy by Koyfin. From the survey of 24 analysts, five rated it a Strong Buy, eight rated it a Buy, nine rated it a Hold, one rated it a Sell and one rated it a Strong Sell.
If you want to invest in the cloud, you’ve got to be ready to jump on board before everyone else. That’s why we’ve put together this list of our top 7 cloud stocks for riches in 2022. These companies are poised to take advantage of the massive opportunity that is cloud computing, and they’re all trading at bargain prices right now — so if you’re looking for a stock that could make you rich, this is it!