Buy These 5 Cloud Computing Stocks for Sparkling Short-Term Returns

Core Insights - The cloud computing industry is experiencing significant growth, driven by the shift from traditional on-premises infrastructure to cloud-based solutions, which offer cost savings, increased productivity, and scalability [1][2][4]. Group 1: Cloud Computing Overview - Cloud computing provides on-demand access to computing resources over the Internet, utilizing a pay-per-use model [1]. - The industry primarily consists of three service models: Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS), and Platform-as-a-Service (PaaS) [4]. Group 2: Investment Opportunities - Five cloud computing stocks identified for strong short-term returns include Five9 Inc. (FIVN), NetScout Systems Inc. (NTCT), Parsons Corp. (PSN), Booz Allen Hamilton Holding Corp. (BAH), and Okta Inc. (OKTA) [3][5]. - These stocks have shown positive earnings estimate revisions for 2025 and carry Zacks Rank 1 (Strong Buy) or 2 (Buy) [5]. Group 3: Company-Specific Insights Five9 Inc. (FIVN) - FIVN provides intelligent cloud software for contact centers, with a 20% increase in subscription revenues and a total revenue increase of 15% in Q3 2024 [9]. - Expected revenue and earnings growth rates for 2025 are 10.4% and 8.2%, respectively, with a price target indicating a maximum upside of 57.2% [10]. NetScout Systems Inc. (NTCT) - NTCT specializes in business assurance solutions, with expected revenue and earnings growth rates of 10.4% and 8.2% for 2025 [13]. - The average price target suggests a maximum upside of 67.5% from the last closing price [13]. Parsons Corp. (PSN) - PSN focuses on technology-driven solutions in defense and critical infrastructure, with expected revenue and earnings growth rates of 6.8% and 11.9% for 2025 [16]. - The price target indicates a maximum upside of 32.8% [16]. Booz Allen Hamilton Holding Corp. (BAH) - BAH benefits from long-term government contracts and a strong reputation in defense and cybersecurity, with expected revenue and earnings growth rates of 12.6% and 13.6% for the current year [19]. - The average price target suggests a maximum upside of 54.9% [20]. Okta Inc. (OKTA) - OKTA operates as an identity management partner, with expected revenue and earnings growth rates of 6.8% and 4.9% for the next fiscal year [23]. - The price target indicates a maximum upside of 65.2% [24].