5 Best Cloud Stocks to Buy Now

4. Salesforce Inc (NYSE:CRM)

Salesforce Inc (NYSE:CRM) is a cloud-based provider of software that helps other organizations with customer relationship management, sales, marketing automation, and analytics. The company generates its revenue from two segments, with the lion’s share coming from subscription and support, which includes its enterprise cloud services. For the fiscal quarter ended July 31, Salesforce Inc (NYSE:CRM) reported revenue of $8.6 billion, with $8.0 billion originating from the subscription and support segment.

During the second quarter, the number of investors bullish on Salesforce Inc (NYSE:CRM) remained unchanged at 122, but the total value of their holdings appreciated to $10.51 billion from $7.19 billion.