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14 Best Cloud Computing Stocks to Buy Right Now

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In this article, we will discuss the 14 Best Cloud Computing Stocks to Buy Right Now.

According to McKinsey, over 95% of enterprise organizations possess a cloud footprint, while the portion of enterprise workloads in public cloud has gone up from 32% in 2018 to 52% in 2025.

The firm’s 2024 report noted that cloud was one of the 18 future arenas of competition, which has the potential to bring in $29 trillion – $48 trillion in revenues by 2040. While public cloud consumption alone rose from ~$90 billion in 2019 to touch $335 billion in 2024, the industry can garner $1.6 trillion to $3.4 trillion in revenue by 2040.

Elsewhere, Deloitte noted that generative AI continues to increase the IT budgets for several companies. There could be some compression in margins for software companies in 2026 as a result of uncertain AI workloads economics, and the potential for higher infrastructure costs.

For companies having their own cloud infrastructure, there can be changes in their plans and delays in the development of data centers.

Amidst such trends, we will now have a look at the 14 Best Cloud Computing Stocks to Buy Right Now.

Our Methodology

To list the 14 Best Cloud Computing Stocks to Buy Right Now, we sifted through online rankings and shortlisted the stocks catering to the broader cloud computing sector. Next, we selected the ones popular among hedge funds, as of Q3 2025. Finally, the stocks are arranged in an ascending order of their hedge fund sentiments.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).

14 Best Cloud Computing Stocks to Buy Right Now

14. DigitalOcean Holdings, Inc. (NYSE:DOCN)

Number of Hedge Fund Holders: 30

DigitalOcean Holdings, Inc. (NYSE:DOCN) is one of the 14 Best Cloud Computing Stocks to Buy Right Now. On February 5, Cantor Fitzgerald upgraded the company’s stock to “Overweight” from “Neutral,” increasing the price objective to $68 from $47. As per the analyst, this reflects ~6x the CY27 updated revenue targets.

The analyst opines that DigitalOcean Holdings, Inc. (NYSE:DOCN) will continue to scale its business, which includes winning large customers. This fact is backed by the company’s recent win of Character.ai. As the product expands, the analyst believes that there will be more traction with the GPU-led platform-as-a-service.

Furthermore, DigitalOcean Holdings, Inc. (NYSE:DOCN)’s digital-native-focused as well as developer-first approach, which focuses on offering hyperscale services to the overall mass market, seems well-placed to scale. This can drive profitable growth and additional re-rating of the company’s stock.

On January 27, BofA analyst Wamsi Mohan lifted its price objective on DigitalOcean Holdings, Inc. (NYSE:DOCN)’s stock to $72 from $60, while keeping a “Buy” rating. The firm raised its multiple to demonstrate the early adoption of agentic AI and use cases from the broadening of agentic AI. BofA believes that the company’s shares continue to trade higher, with agentic AI assistants, mainly Clawdbot, seeing traction throughout the developer communities.

DigitalOcean Holdings, Inc. (NYSE:DOCN) operates a cloud computing platform and offers on-demand infrastructure and platform tools.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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