Cloud Computing Stocks on the Rise

Qwest Communications

Denver, Colo-based Qwest has been among the biggest players in the ISP space for a number of years, although its financial results and stock performance have waxed and waned over the years. Between Nov. 27, 2009 and Jan. 19, 2011, its stock in our fictional cloud portfolio grew by an impressive 87 percent. Qwest’s full lineup of offerings – including voice, video, data and Internet services – appear tailor-made for robust cloud applications. The market has been so bullish on Qwest and its strategic position, that its stock price continued to grow even though its most recent quarter reported a loss.

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