Its legacy consumer communications business is to blame for its current woes, as the cord-cutting trend continues, but management is looking for strategic alternatives elsewhere that could deliver growth, and in that effort, it's investing in over 100 edge centers around the country. That fact alone will give big investors pause. As the burgeoning wave of edge computing spreads, hardware suppliers are a good place to start a search for investments, and both Arista Networks and Xilinx look likely to benefit in the years ahead. Here's a less obvious potential beneficiary of the edge movement: CenturyLink (NYSE:LUMN), which has been beaten down and can't seem to turn things around. Here's three ways and five companies to take advantage of the potential. The edge market was estimated between $1.7B to $7.9B in 2017, and is projected to grow to $16.5B to $43.4B between 2025 and 2027, producing a compound annual growth rate of between 11%-37%. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. So instead, I'm picking Google parent Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL). At the time of writing, Aaron Levitt held a long position in OKTA, PS, WDAY and was considering opening a … Verizon (NYSE:VZ) is looking become an edge leader by pairing its ultra-fast 5G network based in dense urban centers -- which is in the early stages of deployment -- with its nation-spanning 4G network. It recently supplanted Zoom as the best-performing tech company of the coronavirus pandemic, with a staggering 278% YTD return, on the heels of a torrid 60% move over the just last seven trading days. Pick Cloud-Software Stocks for Stellar Gains in 2020 We have, thus, zeroed down on four solid SaaS stocks that are worth a look next year. Market value: $8.3 billion. Here's what the technology is and how you can capitalize on it. Cloud computing services provider Fastly (FSLY Stock Report) is no stranger to the industry. Microsoft, Amazon and Alphabet are holdings in Jim Cramer’s Action Alerts PLUS Charitable Trust Portfolio. The First Trust Cloud Computing ETF (NASDAQ: SKYY) is the fund that got the cloud ETF party started nearly nine years ago and while it's a behemoth compared to its aforementioned … The best performing tech stock this year is an edge computing company. Typically this data is relayed back to the cloud, the computationally expensive work is performed, and the results are sent back to the device. The company is beleaguered, but its fiber optic network has real value. Here's what this technology is and how you can capitalize on it. Cloud computing has been a big win for investors over the past decade, and it's still a double-digit growth investment motif. Amazon.com (AMZN) What keeps Amazon on the buy list for 2019 is partly the spectacular drop, … Cloud Computing And Top Cloud Stocks Fair Isaac Joins Long-Term Leaders As Member No. However these aren’t very direct plays. Fastly’s edge cloud platform provides CDNs, load balancing, internet security, and streaming services. Not only is the company's hardware and suite of software management tools open source and designed to be custom-fitted to the needs of its clients, it's leading the charge with faster network hardware, and has launched a new campus networking segment -- private data centers built onsite or near an office or facility to handle local computing needs. Cars, factories, phones, wearable devices and all other gadgets in the "smart" ecosystem receive data inputs and then must analyze all that information, and it's no small task to perform this seamlessly in real time. In the meantime, this will be a volatile stock -- so plan accordingly. The technology isn't new, but the advent of AI and other complex computing needs have boosted the demand for Xilinx's brand of silicon as of late. Shopify (SHOP) - Get Report is one of its largest clients, and part of Fastly's huge run has been growth expectations around the recent Shopify/Facebook (FB) - Get Report and Shopify/Walmart (WMT) - Get Report partnerships. CenturyLink has been announcing upgrades of its network geared toward businesses at a steady clip for some time, but this transition will require some patience. Don’t just take my word for it. Investors may be worried that increased scrutiny from antitrust regulators will put a damper on Alphabet's prospects, but that in itself is a reason for the search and advertising leader to keep its foot on the gas when it comes to innovation. Best Cloud Computing Stocks to Watch In December: Fastly. It's a new segment for Arista, and there's a risk that the edge won't deliver as a solid growth catalyst for the company, given all of the other competitors out there selling network hardware. And the hottest name in all of tech lately, not just the edge, is Fastly (FSLY) - Get Report. Want to be alerted before Cramer buys or sells these stocks? Learn more now. The company has also built software and other services atop its field programmable units to aid in the deployment of complex systems. Action Alerts PLUS is a registered trademark of TheStreet, Inc. 5 Stocks That Could Benefit From the Edge Computing Revolution The cloud is moving much closer to you, and the trend could deliver major profits for the companies that power and … Due to their flexibility, these chips can often be reused later for different tasks. Latency issues constrain functionality, and all those tech concepts mentioned earlier simply won’t be able to perform to their full capacity without the use of edge computing. ... you can download 7 Best Stocks for the Next 30 Days. With a lot of overlap between the cloud and edge computing hardware, I like Arista's chances at making this a profitable high-growth area in the years ahead. "Edge” refers the edge of the network, as close as possible to the physical device that’s being used and running fewer processes in the cloud. See you at the top! Below you can see the 5 best cloud computing stocks to buy. Whether the total market ends up being worth billions or trillions every year, this tech trend is poised to provide needle-moving results for investors' portfolios. Market data powered by FactSet and Web Financial Group. Edge computing deploys data processing, storage and networking close to sensors and where other data … Right now there are 36 stocks in this cloud computing ETF. Its presence in the edge is found in its CDN edge servers and Cloudflare Workers service that allows developers to capitalize on the proximity benefits of edge computing. By conducting operations on the edge, systems and networks can perform more reliably, swiftly and efficiently without compromising functionality. The technology is proliferating rapidly, and the estimations on its growth and market size vary widely, and all are bullish. After an edge facility is built, someone needs to manage it. 5 Best Stocks to Buy in December. Cloud Computing Going Mainstream. This is a high-level overview of edge computing and the businesses that could benefit as a result of its development, so investors should do their own due diligence and research before buying any of the stocks mentioned. These stocks flaunt a Zacks Rank #2 (Buy). Verizon and Amazon Web Services announced a new partnership on December 3, 2019 — 5G edge cloud computing — to help you build new applications, internet-of-things (IoT) … The criteria for making this list are a strong … Edge computing is quickly becoming a new category for cloud providers as they … 5. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The added online activity this drives towards Shopify will increase demand for Fastly's services. In fact, according to researcher Gartner, global spending on centralized data centers and infrastructure will grow 17.5% to $214 billion in 2019 and will surpass $330 billion by 2022. Fastly (FSLY, $80.11) is a content delivery network that ensures … Edge computing companies process the raw information closer to the source … Stock Advisor launched in February of 2002. The stock is up 110% YTD. The best performing tech stock this year is an edge computing company. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Those are all arbitrary figures, but here's the point: Much of the cloud is being relocated closer to the end users, and with it, incredibly powerful computing power that will pave the way to new services and further industry transformation. Massive data centers deployed by the likes of Amazon, Microsoft, and Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG) provide enormous amounts of computing power for businesses. By Wayne Duggan , Contributor Aug. 24, 2020 By Wayne Duggan , Contributor Aug. 24, 2020, at 3:23 p.m. © 2020 TheStreet, Inc. All rights reserved. The year 2019 is coming to an end, and here, we do a review of the best performing cloud stocks of 2019 and the most promising for 2020. With many of its subsidiaries and strategic investments dependent on a faster internet and higher-level computing power, the edge could help accelerate the development of Alphabet's portfolio of new ventures and boost profits as they grow. Some of the best known cloud computing stocks are Amazon, Google and Microsoft. I have what may be a new one for you, and it helps all those aforementioned technologies work: edge computing. However, as CEO Jayshree Ullal pointed out on a recent earnings call, the cloud was a new business segment for Arista at one point, too. A turning point could likely come once it either sells off its ailing consumer services business or otherwise reorganizes it; regardless, its newer services catering to businesses need time to build momentum. This move from a centralized cloud to a dispersed one is picking up momentum. Repurposing it for new connectivity uses that meet the demands of larger organizations looks like a winning strategy. Thus, smaller localized data centers and technologies that allow for heavier lifting to be done at the device level are starting to emerge. 20 Edge Computing Companies You Need To Knwo. Eventually, edge computing could surpass cloud computing. There are a lot of other companies that could get a big boost from incorporating edge computing into their operations, and one article is not enough to cover them all. Being ranked in the top 10 best performing stocks of the Cloud Computing sector, the company also succeeded in outperforming the returns generated by some of the popular stock … Privately owned to support individual businesses' operations, but not all of them a double-digit growth investment motif will. Of these edge data centers themselves will collect exponentially rising amounts of.... Towards Shopify will increase demand for Fastly 's services amounts of data computers multiply they. Deployment of complex systems its field programmable units to aid in the,... 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