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3 Top Cloud Stocks to Buy in May

3 Top Cloud Stocks to Buy in May

Cloud stocks, such as Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), International Business Machines (NYSE: IBM), and Microsoft (NASDAQ: MSFT) could profit investors as they navigate a considerable sell-off in sector stocks. Admittedly, the Google parent has not entirely escaped the sell-off in cloud stocks. Grand View Research expects the cloud industry to grow to $1.55 trillion by 2030, a compound annual growth rate (CAGR) of 16%.