Want to be part of InvestingHaven's research team? Do you have a specific expertise that you can add to our team? Contact us to discuss. >>

2 Cloud Stocks To Buy For 2017

It is no secret that we love momentum stocks. There is always a good reason for stocks to have a momentum chart, like the ones shown in this article. Visibly, cloud stocks Microsoft and Adobe are darlings of the market, and we believe for a very good reason.

First, financials of both companies look awesome. Readers can check the EPS, revenue growth and profitability margins to get a confirmation of strong financials (check adobe, check microsoft).

Second, the chart setup of both companies is truly great. The market is rewarding companies with such a beautiful setup ONLY if they really deserve it.

Both technology companies have positioned their portfolio of products in the cloud in recent years, which is where the next generation growth in software space will take place. Both companies can really be considered cloud stocks.

We are convinced that the above points are the key reasons which ‘explain’ the long term momentum chart pattern of both Microsoft and Adobe. As long as we get a confirmation that ‘risk assets’ remain in favor, as explained in Markets Outlook for 2017, both cloud tech stocks are a strong buy in 2017.


InvestingHaven is the first in the world to offer a Blockchain Stock Investing Research Service which features all blockchain stocks with our proprietary score. Get access now >>
A MUST READ for 2018: China’s Stock Market Bullish. 7 High Quality Stock Tips For Long Term Portfolios. Featuring 7 China stocks >>
Follow official Ethereum prices in real-time. Read daily Ethereum price news on www.ethereumprice.today  >>
Share This