|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||0.00 - 0.00|
|Beta (5Y monthly)||1.87|
|PE ratio (TTM)||10.25|
|Earnings date||14 Feb 2023 - 20 Feb 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
With GDP growth returning and the Federal Reserve potentially slowing the pace of rate hikes, growth stocks are looking good.
Cloud computing is a massive industry right now and still growing, with an estimated market size of $1.5 trillion by 2030, according to Grand View Research. Lots of tech companies have their hands in cloud computing these days, so where should investors even begin? Two great places to start are with The Trade Desk (NASDAQ: TTD) and Amazon (NASDAQ: AMZN).
Want the recipe for a wildly successful investment? Take a large measure of market leadership, add a smidgen of secular tailwinds, and top it off with a large addressable market.