Cloud stocks benefited during the pandemic as COVID-19 restrictions led to a greater need for cloud-based services. However, this also sent the price of many cloud stocks into the stratosphere as revenue growth surged across the industry.
Nonetheless, not all cloud stocks trade at outlandish valuations, and investors looking for reasonably priced cloud companies should consider Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) , Amazon (NASDAQ: AMZN) , and Fastly (NYSE: FSLY) . Let's find out a bit more about these three top cloud computing stocks and see if they are good buys right now.
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3 Top Cloud Computing Stocks to Buy Right Now