Apr 15, 2021
One of the biggest beneficiaries
of the COVID-19 pandemic has been the cloud computing industry. All
sorts of companies in every category—not to mention individual
users-- have been increasingly adopting cloud services for storing
sensitive data. It’s a trend that can only get bigger.
Cloud storage has been a growing
industry for some time, but the coronavirus really accelerated the
trend in 2020 and 2021. As people work from home and do more of
their shopping online, the demand for cloud services continues to
grow. Individual stocks and ETFs that focus on companies
providing cloud services did especially well in 2020. Their returns
have varied, but double-digit and even tri ple-digit returns were
seen last year. With cloud demand expected to remain strong,
solid growth is already happening in 2021. Cloud computing
saves big corporations and small businesses both money and time.
Even in a recession, Cloud Computing is service that grows in
demand. Today, we'll examine the Cloud Computing industry and the
investments that might pay off in 2021 and beyond.... MASTERING
MONEY is on the air!!!!