3 Top Cloud Infrastructure Stocks to Buy Now
Cloud computing services are completely reshaping the IT industry. According to tech researcher Gartner, global spending on cloud will increase some 16% and home in on the $500 billion mark in 2022. Some estimates point to that figure reaching $1 trillion a year within the next five to 10 years.
To facilitate all these new software services, though, new infrastructure needs to be built. That presents a huge opportunity for investors. Three companies that reported a strong conclusion to 2021 and a rosy outlook for 2022 are Arista Networks (NYSE: ANET), Cloudflare (NYSE: NET), and Twilio (NYSE: TWLO). Here's why each is a buy right now.
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Source Fool.com
