Cloud is fast emerging as the new model of computing. And the pandemic has accelerated the move to the cloud.
These trends are likely to continue even after the crisis eases as many companies have already extended remote work policies.
The WisdomTree Cloud Computing ETF (WCLD - Free Report) is the best performing ETF in the space, up about 68% this year. It tracks an equal-weighted index of emerging cloud companies
WCLD aims to provide a “pure-play” cloud exposure. Salesforce.com (CRM - Free Report) is its top holding currently. The ETF charges 0.45% annually in fees and has about $638 million in assets.
To learn more about this and other cloud computing ETFs, please visit the ETF Center of Zacks.com.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Cloud is fast emerging as the new model of computing. And the pandemic has accelerated the move to the cloud.
These trends are likely to continue even after the crisis eases as many companies have already extended remote work policies.
The WisdomTree Cloud Computing ETF (WCLD - Free Report) is the best performing ETF in the space, up about 68% this year. It tracks an equal-weighted index of emerging cloud companies
WCLD aims to provide a “pure-play” cloud exposure. Salesforce.com (CRM - Free Report) is its top holding currently. The ETF charges 0.45% annually in fees and has about $638 million in assets.
To learn more about this and other cloud computing ETFs, please visit the ETF Center of Zacks.com.
Want key ETF info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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