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CLOU - CLOU: Growth Is Fully Reflected In Valuation
Global X Cloud Computing ETF
CLOU gives investors access to a portfolio of fast-growing international firms largely focused on cloud software and services.
The cloud market is expected to grow at a 16.3% CAGR until 2026, far faster than the projected US GDP growth rate over the same period.
CLOU is expensive and doesn't offer a margin of safety. Its components are high beta stocks. Expect volatility to be high for this strategy going forward.