The publicly listed stocks of companies active in cloud computing, or cloud stocks, are still overvalued, despite their large falls in the last 14 months.
Amazon Web Services, Microsoft Azure and Alphabet's Google Cloud show clearly that cloud computing businesses are the main profit drivers for today's technology companies.
GitLab and Dropbox are undervalued long-term is Wolfteam's corporate opinion.
Both Dropbox and GitLab are smaller cloud computing providers, in cloud storage and Infrastructure as a Services, IaaS cloud computing.
More providers is almost always good for the economy.
www.wolfteamedge.com
No comments:
Post a Comment