3 Cloud-Infrastructure Stocks We Are Buying Now
Cloud-based services and operations have gone from high-growth to absolutely essential technology during the pandemic this year. Faced with business continuity issues, migrating to the cloud has been a matter of survival for many organizations. However, while cloud-computing services themselves have been in high demand, construction of the underlying infrastructure has been put on hold in many cases until effects of the economic downturn have subsided.
Thus, cloud hardware and related infrastructure could be in store for a spate of growth next year. Three stocks we are buying now (or have bought recently) in this space are Arista Networks (NYSE: ANET), Fastly (NYSE: FSLY), and Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG).
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Source Fool.com
