From Nasdaq: 2025-02-08 04:55:00

The cloud and AI markets have seen significant growth as more companies shift data to secure, scalable cloud platforms. Fortune Business Insights predicts a 16.5% CAGR for cloud computing from 2024-2032, while Grand View Research expects a 36.6% CAGR for the AI market from 2024-2030.

Microsoft has accelerated growth with Azure and AI tools, making it a strong investment. Datadog’s platform simplifies IT diagnostics and turned profitable in 2023. Oracle’s cloud services revenue grew over 20% annually, with analysts predicting a 12% CAGR in revenue from 2024-2027.

Consider investing in Microsoft, Datadog, and Oracle for their strong positions in the cloud and AI markets. Microsoft’s stock may seem expensive at 31 times forward earnings, but its dominance justifies the valuation. Datadog’s revenue and EPS are expected to grow at a CAGR of 23% and 77%, respectively, from 2023 to 2026.

Oracle’s revenue and EPS are expected to rise at a CAGR of 12% and 20% from 2024-2027 due to demand for its cloud-based services. Despite trading at 24 times forward adjusted earnings, Oracle has room to grow in the cloud and AI markets. Consider these tech giants for long-term investment potential.



Read more at Nasdaq: 3 Cloud and AI Stocks to Buy Hand Over Fist in February