Morgan Stanley Highlights Cloud Stocks as Compelling Investments
Morgan Stanley analysts identify cloud computing as the backbone of the digital economy, with over 90% of businesses globally relying on cloud services. The sector's growth, driven by scalability and flexibility, presents strategic opportunities for investors.
Elizabeth Porter, a Morgan Stanley analyst, pinpoints two cloud stocks offering attractive entry points. The report underscores the transformative role of cloud infrastructure in enabling everything from enterprise solutions to everyday technologies like GPS and smart home devices.