5 Top Cloud Stocks to Buy Now

By Eric Cuka – Aug 18, 2022 at 3:03PM

NASDAQ: DDOG

Datadog

Market Cap

$42B

Today's Change

(-1.43%) -$1.82

Current Price

$125.25

Price as of April 25, 2024, 4:00 p.m. ET

These hypergrowth stocks could launch your portfolio into the stratosphere.

Today, I provide my top 5 cloud stocks to buy for long-term growth investors. These stock picks are ranked by highest conviction. One of my favorite stocks on the list is Datadog (DDOG -1.43%). Datadog provides monitoring and analytics tools that give IT teams insights from anywhere and at any time. Datadog brings information together from across an entire organization into a simple dashboard. Companies that leverage Datadog enjoy benefits such as improved user experience, faster resolutions to interruptions, and overall better business decisions.

If you want deeper-dive analysis on Datadog and four additional cloud stocks, please watch the video below. These growth stocks can boost your long-term investing portfolio into the clouds! Make sure to subscribe to the channel to stay on top of this sector.

*Stock prices used in the below video were during the trading day of August 18, 2022. The video was published on August 18, 2022.

John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Eric Cuka has positions in Alphabet (A shares), Amazon, Cloudflare, Inc., CrowdStrike Holdings, Inc., Datadog, Microsoft, Snowflake Inc., WisdomTree Trust-WisdomTree Cloud Computing Fund, and Zscaler. The Motley Fool has positions in and recommends Alphabet (A shares), Alphabet (C shares), Amazon, Cloudflare, Inc., CrowdStrike Holdings, Inc., Datadog, Microsoft, Snowflake Inc., and Zscaler. The Motley Fool has a disclosure policy. Eric is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.