Why Cloud Computing?

Hey 5-Star Trader,

In the world we live in today everyone is connected to technology in one way or another. Teachers have relied upon online learning throughout the pandemic, doctors use machinery to monitor their patients, and even you and I rely on technology to bring us together. But with technology ever expanding, how do you know which sector of the market you should be focusing on?

One of my favorite tech sectors is cloud computing.

Why should you care about cloud computing?

Cloud computing is a high-growth industry that is here to stay. The way we use this technology has shifted at an exponential rate, especially in recent years. And cloud computing is arguably the fastest growing tech sector which shows up in a variety of ways, including changing the way companies do business.

Take Microsoft (MSFT) for example. They once sold physical disks of their products and allowed customers to own their Office products with a one-time purchase. If a new version of Word was released, people could choose to upgrade, but that didn’t mean their old software would stop working.

This is no longer the case. Microsoft has since changed its business model to be subscription-based thanks to cloud computing capabilities. Instead of buying a product once and using it for five years or more, customers continually pay a price to remain a subscriber to have access to the product. As a result, this leads to continual customers and increasing revenues.

The cloud computing sector of the market will continue to rapidly grow as technology improves. It is absolutely vital you familiarize yourself with this area of the market. That’s why yesterday I held a free webinar outlining all my cloud computing stock picks. For my complete list, catch the replay HERE.

Up Next...

Delta Airlines Destruction, Magnificent 7 Pullback, NVDA, and more…

Delta Airlines is struggling to recover from last week’s Crowdstrike outage, and I’m betting that this event will impact the stock for longer than most anticipate. I’m also loving the stock sale in the #Nasdaq. Microsoft, Meta, Amazon, and Apple earnings are coming next week and may provide me with more opportunities to buy. Additionally, … Read more

Read More

NVDA Buy Setup

NVDA pulled back perfectly, and has a bevy of buy setups to go along with the pullback. Let’s look at three ways to trade this ticker in the options market, along with the technical setups. If you want to learn more, join me in the Simpler Trading Simpler Central Room HERE.

Read More

Three Buys & a Bail: Election Edition

As election rhetoric picks up, Kelly and I looked at a few long-term stock buys and a bail related to various potential policy changes. In today’s episode, I discuss why I like Microsoft (MSFT), Advanced Micro Devices (AMD), and Caterpillar (CAT), as well as why I like Enphase (ENPH) as a short. P.S. If you … Read more

Read More

Subscribe Today!

Want my up-to-date analysis, setups, top trading tips, and more? Be a Five Star trader, and join my free newsletter today!

Sign Up Now
all-as-seen-on-logos