- By John Dobosz

The business of cloud computing that Figma practices is booming in the postpandem­ic world. Gartner forecasts worldwide enduser spending on cloud services to grow 23% this year to $332 billion. Investors who want a piece of the action can tap into cloud computing exchangetr­aded funds from First Trust, WisdomTree and Global X. These ETFs have catchy cloud names but come with expense ratios that range from 0.45% to 0.65%. Because most tech companies are cloud companies, you could get substantia­lly the same exposure and a 0.10% expense ratio with Vanguard’s Informatio­n Technology ETF.

Those with a taste for turnaround­s and dividends to go with their cloud plays should check out IBM and its 4.6% dividend yield.

John Dobosz is editor of Forbes Dividend Investor and Forbes Premium Income Report.

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