These tech shares are main of their respective cloud markets -- this is why traders could be clever to concentrate. Cloud computing is without doubt one of the most necessary expertise tendencies proper now, and it'll proceed to be for years to come back. The most recent estimates present that the general public cloud computing market will improve from a market dimension of $270 billion final yr to $397 billion by 2022. So how can traders greatest faucet into cloud computing's development? By shopping for shares of nice tech stocks which can be leaders within the cloud market. That will help you observe down a couple of of these, we requested three Motley Idiot contributors for unstoppable cloud inventory concepts they usually got here again with Snowflake (NYSE:SNOW), Atlassian (NASDAQ:TEAM), and Amazon (NASDAQ:AMZN). Picture supply: Getty Pictures. Let it SNOW Danny Vena (Snowflake): When Snowflake went public roughly eight months in the past, it took the IPO market by storm. The inventory was initially priced in a variety of $75 to $85 per share and finally was boosted to $120 as demand for the inventory soared. Shares surged out of the gate and by no means regarded again, opening at $245 and shutting at $255, up 113% on its first day of buying and selling, making it the largest software program IPO ever.
Whereas pleasure across the information warehouse and enterprise analytics supplier has light,» Read more from www.fool.com