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What are cloud stocks?

Cloud stocks are shares of companies that offer cloud computing infrastructure, platforms, or software as a service. These services are typically provided by third-party companies, known as cloud service providers, and are accessed by businesses and individuals on-demand, paying only for the resources they use.

Is cloud computing a good investment?

Cloud computing stands out as another compelling area for development and investment. With individuals, corporations, and governments globally transitioning towards a more digital landscape, the potential of cloud computing is increasingly promising.

How much does a cloud ETF cost?

The First Trust Cloud Computing ETF (SKYY 0.49%) is the largest cloud ETF around, with about $2.9 billion in assets under management. The fund is a basket of 64 cloud infrastructure and software stocks. It has an ETF expense ratio of 0.6%, meaning it costs $6 per year for every $1,000 invested.

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