First Trust Cloud Computing ETF (NASDAQ:SKYY) is the first and only ETF to provide exposure to the fast-growing cloud computing industry. This market segment is growing by leaps and bounds and should do so for several years to come. For example, Amazon (NASDAQ:AMZN) Web Services recently announced that its operating income increased from $580 million in the year-ago quarter to $926 million in the fourth quarter of 2016. Meanwhile, Microsoft (NASDAQ:MSFT) announced that Azure revenue surged 93% year-over-year.
According to research firm IDC:
Between now and 2020, worldwide spending on public cloud services is expected to soar to more than $195 billion. This is double the revenue the industry is expected to generate by the end of 2016.
The share price of SKYY should be in the clouds, right?
Well, no. Despite the great promise for cloud computing, the ETF has not really performed much better than the S&P 500.
Best Stocks To Watch For 2022: Carpenter Technology Corporation(CRS)
Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates through two segments: Specialty Alloys Operations and Performance Engineered Products. The company offers special alloys, such as heat resistant, and nickel and cobalt base alloys for use in components, such as rings, discs, and fasteners; and alloys for electronic, magnetic, and electrical applications. It also provides stainless products comprising a range of corrosion resistant alloys, including conventional stainless steel and proprietary grades for special applications; and titanium products for use in aircraft fasteners, medical devices, sporting equipment, and chemical and petroleum processing. In addition, the company offers powder metals, such as spherical gas atomized powders; and alloy and tools steels in long forms, as well as rounds, plates, and sheets. Further, it distributes corrosion resistant steels, tool steels, and powder metals for various industries, as well as manufactures and rents down hole drilling tools and components for the oil and gas industry. The company distributes its products directly through its distribution network, as well as through independent distributors. It serves aerospace and defense, energy, transportation, medical, and industrial and consumer industries. Carpenter Technology Corporation was founded in 1889 and is based in Wyomissing, Pennsylvania.
Get a free copy of the Zacks research report on Carpenter Technology (CRS) For more information about research offerings from Zacks Investment Research, visit Zacks.com Crystal Amber Fund Limited (LON:CRS) announced a dividend on Friday, July 6th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 19th will be given a dividend of GBX 2.50 ($0.03) per share on Friday, August 17th. This represents a yield of 1.12%. The ex-dividend date is Thursday, July 19th. The official announcement can be viewed at this link. Superior Drilling Products, Inc. (the "Company", "we", "our" or "us") is a drilling and completion tool technology company. We are a designer and manufacturer of new drill bit and horizontal drill string enhancement tools for the oil, natural gas and mining services industry an innovative, cutting-edge refurbisher of PDC (polycrystalline diamond compact) drill bits. All of the drilling tools that we rent or sell are manufactured by us. Our customers are engaged in domestic and international exploration and production of oil and natural gas directly, or indirectly as service support or distribution. We were incorporated on December 10, 2013 under the name SD Company, Inc. in order to facilitate (a) the reorganization of the entities that are now our consolidated subsidiaries and (b) the subsequent acquisition of Hard Rock Solutions, LLC ("HR"). We changed our name from SD Company Inc. to Superior Drilling Products, Inc. Advisors' Opinion: Get a free copy of the Zacks research report on Superior Drilling Products (SDPI) For more information about research offerings from Zacks Investment Research, visit Zacks.com However, it's unlikely Netlist repeats these returns anytime soon. After looking at last week's top performing penny stocks, we'll show you a penny stock on the verge of jumping over 230%… How to Profit off This $11.1 Billion Money Pool: By following a few simple steps, one IRS directive could help set you up to receive checks of up to $1,795 every single month thanks to a genius investment. Learn more… Get a free copy of the Zacks research report on Superior Drilling Products (SDPI) For more information about research offerings from Zacks Investment Research, visit Zacks.com CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. It also sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions, as well as sells new vehicles under franchise agreements. In addition, the company provides customers financing alternatives through its finance operation, CarMax Auto Finance, as well as through its third-party financing providers. Further, it offers a range of other related products and services, including the sale of extended service plans, guaranteed asset protection, and accessories; the appraisal and purchase of vehicles directly from consumers; and vehicle repair services. As of December 21, 2011, the company operated 107 used car superstores in 52 markets. CarMax, Inc. was founded in 1993 and is headquartered in Richmond, Virginia. For those that are unfamiliar with OTC penny stocks versus exchange-listed securities, it’s the difference between buying a used car at CarMax (NYSE:KMX) as opposed to buying secondhand private party through Craigslist. With CarMax, the company has a reputation to protect and will offer you myriad services, including extended warranties. On the flipside, if you go through Craigslist, you might get a better deal or you might get a money pit. SIT THIS ONE OUT and you could miss an American economic revolution that could send three little pot stocks soaring up to 1,000%. Click here to see why… Get a free copy of the Zacks research report on CarMax (KMX) For more information about research offerings from Zacks Investment Research, visit Zacks.com CarMax (NYSE:KMX) is growing again. That was one of the key takeaways from the used car retailer's recent fiscal second-quarter report that showed a return to comparable-store sales gains after six months of declines.Best Stocks To Watch For 2022: Superior Drilling Products, Inc.(SDPI)
Best Stocks To Watch For 2022: CarMax Inc(KMX)
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