Twenty years ago, the cloud was just a fluffy thing in the sky. The only thing stored there was rainwater and maybe the odd daydream. Nowadays, the cloud is a huge digital infrastructure that companies build applications on. The cloud lets you safely store 183,402 photos of your pet dog, it lets you catch up on The Great British Bake Off or read your emails from the other side of the world.
So cloud computing companies have really taken off. Companies like Microsoft are building applications that exist entirely in the cloud. The pandemic accelerated the use and growth of some of these companies, with more people working from home than ever before.
The sky’s the limit with these cloud-based opportunities, and the rising valuation of cloud computing companies shows this. Here are some popular stock picks and how to get involved.
Below are 10 of the biggest cloud stocks around with their recent performance.
Cloud stock |
Icon |
1-year performance (to Apr. '25) |
5-year performance (to Apr. '25) |
Link |
|---|---|---|---|---|
| Apple (AAPL) |  |
30.64% | 262.76% | Invest Capital at risk |
| Fastly (FSLY) |  |
-51.57% | -64.93% | Invest Invest Capital at risk |
| Amazon.com (AMZN) |  |
5.13% | 98.31% | Invest Capital at risk |
| Salesforce.com (CRM) |  |
-11.22% | 99.79% | Invest Capital at risk |
| Adobe Systems (ADBE) |  |
-23.61% | 26.18% | Invest Capital at risk |
| Microsoft Corporation (MSFT) |  |
-11.58% | 141.78% | Invest Capital at risk |
| DocuSign (DOCU) |  |
39.79% | -3.14% | Invest Capital at risk |
| Zoom Video Communications (ZM) |  |
13.97% | -39.50% | Invest Capital at risk |
If you're interested in investing in the cloud computing industry, take a closer look at what companies in this industry do and how the stocks have historically performed. Keep in mind that positive past performance doesn't guarantee that a stock will continue to rise in the future.
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod. It also provides AppleCare support and cloud services; and operates various platforms, including the App Store that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts, as well as advertising services include third-party licensing arrangements and its own advertising platforms.
Apple is listed on the NASDAQ, has a trailing 12-month revenue of around 395.8 billion and employs 150,000 staff.
Capital at risk
Fastly, Inc. operates an edge cloud platform for processing, serving, and securing its customer's applications in the United States, the Asia Pacific, Europe, and internationally. The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the internet. The company offers network services to speed up and optimize the delivery of web and application traffic; content delivery network, such as dynamic site acceleration, origin shield, instant purge, surrogate keys, programmatic control, content compression, reliability features, fanout, domainr, privacy, and modern protocols and performance services; and video/ streaming solutions and services, including live streaming, live event monitoring, video on demand, and media shield.
Fastly is listed on the NYSE, has a trailing 12-month revenue of around $543.7 million and employs 1,100 staff.
Capital at risk
Amazon. com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, fire tablets, fire TVs, echo, ring, blink, and eero; and develops and produces media content. In addition, the company offers programs that enable sellers to sell their products in its stores; and programs that allow authors, independent publishers, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content.
Amazon-com is listed on the NASDAQ, has a trailing 12-month revenue of around $638 billion and employs 1,556,000 staff.
Capital at risk
Salesforce, Inc. provides customer relationship management (CRM) technology that connects companies and customers together worldwide. The company offers Agentforce, an agentic layer of the salesforce platform; Data Cloud; Industries AI; Salesforce Starter, a suite of solution for small and medium-size business; Slack, a workplace communication and productivity platform; Tableau, an end-to-end analytics solution for range of enterprise use cases and intelligent analytics with AI models, spot trends, predict outcomes, creates summaries, timely recommendations, and take action from any device; and MuleSoft, which provides building blocks to deliver end-to-end and connected experiences.
Salesforce-com is listed on the NYSE, has a trailing 12-month revenue of around $37.9 billion and employs 76,453 staff.
Capital at risk
Adobe Inc. , together with its subsidiaries, operates as a technology company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products and services that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows subscribers to use its creative products and applications (apps) integrated with cloud-delivered services across various surfaces and platforms.
Adobe Systems Incorporated is listed on the NASDAQ, has a trailing 12-month revenue of around $22 billion and employs 30,709 staff.
Capital at risk
Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services. This segment also provides LinkedIn; and dynamics business solutions, including Dynamics 365, a set of intelligent, cloud-based applications across ERP, CRM, power apps, and power automate; and on-premises ERP and CRM applications.
Microsoft Corporation is listed on the NASDAQ, has a trailing 12-month revenue of around $261.8 billion and employs 228,000 staff.
Capital at risk
DocuSign, Inc. provides electronic signature solution in the United States and internationally. The company offers AI-powered intelligent agreement management (IAM) platform to optimize the agreement management process and provides e-signature solution that enables sending and signing of agreements on various devices; Contract Lifecycle Management (CLM), which automates workflows across the entire agreement process; Document Generation streamlines the process of generating new, custom agreements; and Gen for Salesforce for automated agreement generation within Salesforce.
DocuSign is listed on the NASDAQ, has a trailing 12-month revenue of around $3 billion and employs 6,838 staff.
Capital at risk
Zoom Communications Inc. provides an Artificial Intelligence-first work platform for human connection in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, a cloud phone system; and Zoom Team Chat enables users to share messages, images, files, and content in desktop, laptop, tablet, and mobile devices.
Zoom Video Communications is listed on the NASDAQ, has a trailing 12-month revenue of around $4.7 billion and employs 7,412 staff.
Capital at risk
There are ETFs that bundle together cloud computing companies into ONE type of investment, allowing you to get more diverse spread of companies, without the faff of investing in each one. Some of the stocks mentioned above will be included in the holdings of these ETFs.
53% of people we surveyed said they already invest in cloud computing stocks or would consider investing in cloud computing stocks.
Response | |
|---|---|
| I would consider it | 46.49% |
| Not sure | 26.94% |
| I wouldn't consider it | 20.48% |
| I already invest in this | 6.09% |
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
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