Microsoft Corporation (NASDAQ:MSFT), International Business Machines Corp. (NYSE:IBM) and Amazon.com, Inc. (NASDAQ:AMZN)are some of the best cloud stocks you should consider.
Microsoft Corporation (NASDAQ:MSFT)’s Software-as-a-Service (SaaS) is on the rise. Windows 10 is just around the corner. It will give massive boost to Microsoft Enterprise and mobile software sales. Amazon.com, Inc. (NASDAQ:AMZN)’s Web Service is the juggernaut when it comes to the Platform-as-a-Service (PaaS). Amazon.com, Inc. (NASDAQ:AMZN)’s Cloud revenue now touches around $1.5 billion, according to the recent quarterly report. IBM, on the other hand, remains the top choice for the Enterprise because of its optimized and customized Cloud solutions.
International Business Machines Corp. (NYSE:IBM)’s Cloud revenue increased by 60%, touching around $7.7 billion. This shows the growth potential and positive side of the market.
Amazon.com, Inc. (NASDAQ:AMZN) also has a massive edge because of its ecommerce business. You should buy Amazon; it is launching new delivery services, and analysts are bullish about Amazon.com, Inc. (NASDAQ:AMZN)’s stock position for the coming days. Microsoft’s Cloud business is larger than Amazon.com, Inc. (NASDAQ:AMZN)’s, but the Redmond giant covers mostly lower end market. Microsoft’s Cloud revenue rose up by above 100%, the revenue touching around $6.3 billion, according to the recent quarterly report.
Revenues for Amazon.com, Inc. (NASDAQ:AMZN), Microsoft and International Business Machines Corp. (NYSE:IBM) are rising, so is the demand and scope for the Cloud stocks.
Hybrid Cloud systems is another area where Amazon.com, Inc. (NASDAQ:AMZN), Microsoft and International Business Machines Corp. (NYSE:IBM) have an advantage. All these companies are working on amalgamating the best features of private and public Cloud at one place.
As of 30 June 2014, Ken Fisher’s Fisher Asset Management hold around 17.7 million Microsoft Corporation (NASDAQ:MSFT) shares.
