3 Cloud Computing Stocks That Could Lead Digital Transformation

The technology sector continued to plunge on Monday following a surprising hawkish tilt by the Bank of Japan, which caused the Japanese stock market to crater by a double-digit percentage. Still, investors seeking AI-enabled growth at a double-digit percentage discount may finally have an opportunity to do some buying. Undoubtedly, it feels quite difficult to hold onto cloud computing stocks this time around, let alone buy them, especially with geopolitical tensions mounting, recession risks coming to light, and Warren Buffett’s recent souring in various stocks in the Berkshire Hathaway (NYSE: BRK.B ) portfolio. In any case, if you were eager to buy when stocks were at their peak before the Paris Olympics began back in late July, you shouldn’t let the recent wave of volatility stop you from going after the cloud names that are continuing to lead the digital transformation. Ultimately, the Japan-induced volatility and Berkshire stock sales, I believe, are nothing to ring the alarm bell over! InvestorPlace – Stock Market News, Stock Advice & Trading Tips Salesforce (CRM) The entrance sign of Salesforce Tower, at the American cloud-based software company Salesforce’s (CRM stock) Headquarters campus in San Francisco, California. Source: Tada Images / Shutterstock.com Salesforce (NYSE: […]

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