FCLD: Not A Hugely Compelling Proxy For The Burgeoning Cloud Computing Wave

The Alpha Sieve
4.46K Followers
(8min)

Summary

  • Cloud computing remains a highly promising opportunity, with only 30% of workloads completing cloud migration, even as generative AI raises the market profile even further.
  • FCLD employs an NLP-oriented methodology to select cloud computing stocks across differing market caps.
  • We highlight how FCLD is positioned against the largest ETF in this space—SKYY.
  • We close with our perspective on the valuation and technicals.

Internet infrastructure concept. Abstract technology background.

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Cloud Computing Still Has Legs

Cloud computing, which involves the facilitation of enterprise-level computing resources (that include storage, infrastructure, servers, databases, among others) via the internet, has gained massive currency over the past decade, and dampened the status of traditional software providers who are more

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4.46K Followers
Investment research, primarily oriented towards uncelebrated/under-covered stocks and ETFs, across North America, Europe and Asia. Seeks to combine both fundamental and technical disciplines while making an investment/trading proposition.

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