3 Cloud and AI Stocks That Could Help Set You Up for Life
Microsoft, Cloudflare, and Five9 will all benefit from the cloud and AI boom.
The cloud and artificial intelligence (AI) markets expanded rapidly over the past decade. Many companies realized it was more convenient to use cloud-based services instead of desktop-based software -- which required more on-site computing power, maintenance, and manual updates -- and they used AI algorithms to crunch all of that cloud-based data to make smarter decisions.
Three companies that benefited from those secular trends are Microsoft (NASDAQ: MSFT), Cloudflare (NYSE: NET), and Five9 (NASDAQ: FIVN). Let's see what makes those companies great cloud and AI plays, and why they could still head higher over the next few decades.
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