The 3 Best Cloud Stocks Not Named Amazon or Microsoft

Amazon (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) are often considered the top stocks in the cloud market. After all, Amazon Web Services (AWS) and Microsoft's Azure are the two largest cloud infrastructure platforms in the world, and both companies are leveraging their sprawling ecosystems to gain more customers.

Amazon and Microsoft are still great investments, but investors shouldn't neglect other promising plays on the public cloud market, which could grow at a compound annual growth rate of 21% between 2018 and 2022, according to Forrester Research. Let's examine four other cloud stocks that could profit from that growth: Adobe Systems (NASDAQ: ADBE), Veeva Systems (NYSE: VEEV), and Alibaba (NYSE: BABA).

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