3 No-Brainer Cloud Computing Stocks to Buy Right Now

One of the fastest-growing areas in tech today is cloud computing. In simplest terms, cloud computing is the delivery of computing services over the internet. It's an infrastructure-as-a-service model where customers can pool resources, such as processing power and storage, and are able to scale their usage up and down quickly. It is attractive to many organizations because they don't have to buy and maintain their own servers and storage systems.Cloud computing is a high-fixed-cost business that benefits from economies of scale. When these businesses achieve enough scale to cover their fixed costs, they then see a lot of operating leverage, where their profitability growth greatly exceeds their revenue growth.While there has been a continued shift of organizations moving from on-premise solutions to the cloud, the advent of artificial intelligence (AI) has really kick-started strong growth for the sector. The reason is that customers are using cloud computing services to customize foundational AI models or create their own models and apps, and then run their AI workloads through their infrastructure.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool