Cloud Computing: Are Share Prices Heading Toward Zero, or Is It an Opportunity to Buy?

By Christopher Gannatti, CFA Global Head of Research The drawdown in many stocks focused on cloud computing software has been, in a word, unbelievable. In basically one month’s time, from April 11 through May 11, the BVP Nasdaq Emerging Cloud Index (EMCLOUD)—a group of cloud-oriented companies—has...