Hello Trader,
The cloud enterprise sector is starting to anticipate a number of gray clouds and it is starting to look like there are several companies favored to get their act together or fall off the AI Boom list.
The Cloud services industry includes giants such as:
- Salesforce(NASDAQ:CRM)
- MongoDB(NASDAQ:MDB)
- WorkDay(NASDAQ:WDAY)
With BVP Nasdaq experiencing a 10% correction this year, and the reason is the transition of GrowthStocks to Mature - consolidated companies and that makes them miss their own current sector trend. In addition to this, native AI companies are putting these giants in trouble.
Do you think it might be the right time to invest in any of these three?
Please, I look forward to your comments! Happy week end.
Ion Jauregui - Analyst ActivTrades
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