Deep Dive: 1 No-Brainer Stock to Buy for This $100 Billion Market

By Jason Hall – Jan 7, 2024 at 5:33AM

NASDAQ: CFLT

Confluent

Market Cap

$9B

Today's Change

(2.98%) $0.86

Current Price

$29.75

Price as of April 26, 2024, 4:00 p.m. ET

The data streaming market could be worth $100 billion by 2025. Confluent plans to have a big share of it.

Real-time data streaming is changing the way companies use information, and it's growing from a $60 billion market in 2022 to over $100 billion by 2025. In this video, Motley Fool contributor Jason Hall takes a deep dive into Confluent (CFLT 2.98%), the leading provider of data streaming software and tools.

*Stock prices used were from the morning of Jan. 3, 2023. The video was published on Jan. 4, 2023.

Jason Hall has positions in Confluent. The Motley Fool has positions in and recommends Confluent and Microsoft. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.