2 Artificial Intelligence (AI) Cloud Stocks to Buy in June
Artificial intelligence (AI) is providing profitable opportunities for businesses and investors. One market where much of the groundwork is being laid for long-term productivity gains from AI is cloud computing. The cloud market was valued at $348 billion, according to Synergy Research, and grew 23% year over year in the first quarter.Top cloud stocks are worth holding for the long term because of their investments in data centers, where companies store data to use with AI to gather insights, innovate, and build new products. Here are two cloud stocks trading at reasonable valuations that are poised for a bull run.Oracle (NYSE: ORCL) stock has tripled over the last three years, but it still offers upside. This leading cloud infrastructure provider just closed the books on fiscal 2025, where it posted better-than-expected revenue. The stock popped following the report and is closing in on a new all-time high.Continue reading
Artificial intelligence (AI) is providing profitable opportunities for businesses and investors. One market where much of the groundwork is being laid for long-term productivity gains from AI is cloud computing. The cloud market was valued at $348 billion, according to Synergy Research, and grew 23% year over year in the first quarter.
Top cloud stocks are worth holding for the long term because of their investments in data centers, where companies store data to use with AI to gather insights, innovate, and build new products. Here are two cloud stocks trading at reasonable valuations that are poised for a bull run.
Oracle (NYSE: ORCL) stock has tripled over the last three years, but it still offers upside. This leading cloud infrastructure provider just closed the books on fiscal 2025, where it posted better-than-expected revenue. The stock popped following the report and is closing in on a new all-time high.
