One of the Top Cloud Stocks to Buy in April

Innovation and growth in the cloud are unprecedented, and this company is capitalizing.Enterprises everywhere are migrating to the cloud or offering innovative cloud-based platforms and services. By 2025, over 95% of new digital workloads will utilize cloud-native platforms, according to Gartner.

This is a tremendous increase over the 30% figure in 2021 and has some researchers predicting an addressable cloud market significantly eclipsing $1 trillion within this decade. This offers companies and investors a terrific opportunity to profit. Let's look at some dynamic cloud companies.1. AmazonAny conversation on cloud investing may as well start with the current king of the cloud infrastructure market, Amazon$Amazon.com(AMZN)$ and its Amazon Web Services (AWS) platform. AWS is the market leader with a market share of 33%, according to Statista. Over $62 billion in revenue was provided by AWS alone in 2021, with an impressive 30% operating margin.The most telling aspect of AWS' dominance is its accelerating growth. The segment grew sales by 37% in 2019, only to see this fall to 30% in 2020, mainly due to the pandemic. The growth accelerated to 37% again in 2021. Because of the beauty of compound growth figures, this acceleration means a much more significant gain on a dollar basis. The market leader is not resting on its laurels.

Amazon is set to execute a 20-to-1 share split in June 2022, its first one since 1999. This could set the company up for potential inclusion in the Dow Jones Industrial Average. Because of the calculation method of the index, it isn't practical to include a stock valued at thousands per share; however, the split-adjusted price will put the stock in the right wheelhouse.

The burgeoning advertising business is also a reason for investor optimism. Amazon reported $31.2 billion in advertising services sales in 2021, representing a massive 58% increase over 2020. As we patiently wait for the e-commerce business to return to typical profitability levels, these segments are doing a fine job of buoying results.