Fast facts of cloud computing
Five questions that let you get to know cloud computing
Source: SCMP
http://www.scmp.com/native/tech/topics/ ... -computing
First Trust Cloud Computing (NYSE: SKYY).
This exchange-traded fund (ETF) is composed of firms like Microsoft and cloud leader Amazon.com Inc. (Nasdaq: AMZN) that will directly benefit from this key trend.
But it also has players that will profit from the overall growth in cloud-based technology.
the cloud and the IoE were meant for each other. One could not be possible without the other, and each will be a prime driver of the other’s growth.
The First Trust Cloud Computing ETF has already begun to reflect just how exciting and massive this opportunity will be. It’s been a strong performer, up 54% since the market bottomed out Feb. 11, 2016. That’s 75% better than the S&P 500’s performance during that stretch.
But don’t just focus on recent gains. This will be a great growth play you’ll want to own for years to come if you intend to get on the road to wealth – paved by tech.
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