about 1 year ago • 4:23 mins
The cloud offers a solution to a huge number of things. Not only does it provide cheaper, better, and more scalable infrastructure and data storage than anything available prior, but it allows the huge amounts of stored data to be analyzed and used collaboratively to deliver insight and drive innovation. And the market for cloud computing is expected to grow extremely quickly: at a 19% compound annual growth rate (CAGR) over the next seven years. That’s something you can profit from by investing across the two key layers of the cloud value chain.
Cloud enablers are companies that make the hardware compo
But there’s a risk of a rude awakening. So Stéphane says you might want to approach the latest stock rally with caution.
The global investment firm has updated its outlook for 2023. So Stéphane’s taken a look at how it sees things going and what you can do to prepare for it.
Big fund managers and retail investors alike are starting to see its beauty, but as Russell notes, you can still buy this long-shunned asset at good prices.