Investing in the Cloud
To better track the market’s acceptance of cloud computing little more than a year ago, we chose six, different, cloud computing based companies, invested a fictional $1,000 in shares of each, and created a fantasy portfolio of cloud stocks. The results: through yesterday, this group of stocks combined to grow by more than 75 percent in little more than a year and outperformed the Dow Jones Industrial Average and Nasdaq by orders of magnitude.
Here’s a look at our make-believe cloud computing stocks, and thoughts on why they have been performing the way they have.
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