Cramer Remix: These cloud stocks could rain down big profits
https://www.cnbc.com/2017/12/06/cramer-remix-cloud-stocks-like-microsoft-could-rain-down-big-profits.html
The recent weakness in tech stocks made many investors question the true strength of cloud stocks, but not CNBC's Jim Cramer.
"The answer from pretty much everyone in the industry is the same. It's simple: the idea that the cloud has reached saturation is absurd," the "Mad Money" host said. "If anything, given the prevalence of older forms of storing data — expensive on-premise servers that are more costly and have less analytics horsepower than the cloud — I bet we could have years of growth ahead of us."
Cramer Remix: These cloud stocks could rain down big profits
Dec 7, 2017, 12:21am UTC
https://www.cnbc.com/2017/12/06/cramer-remix-cloud-stocks-like-microsoft-could-rain-down-big-profits.html
>The recent weakness in tech stocks made many investors question the true strength of cloud stocks, but not CNBC's Jim Cramer.
>"The answer from pretty much everyone in the industry is the same. It's simple: the idea that the cloud has reached saturation is absurd," the "Mad Money" host said. "If anything, given the prevalence of older forms of storing data — expensive on-premise servers that are more costly and have less analytics horsepower than the cloud — I bet we could have years of growth ahead of us."