7 Best Cloud Computing Stocks for 2026 and How to Invest

Snowflake is an important business that has pioneered new ways for businesses to store, migrate, and process massive amounts of digital information.

Consistently generating strong cash flow, Snowflake reported free cash flow of $884.1 million in fiscal year 2025 and $1.1 billion in 2026.

Snowflake is a young company, though, and the stock will likely be highly volatile for some time. It’s all about growth for this business right now. Management, for example, sees the company’s total addressable market growing from $225 billion in 2026 to $460 billion in 2031. While small changes in management’s expectations can cause some wild fluctuations in share price, Snowflake could nevertheless be a very promising long-term investment.

4. Zoom Video Communications

Few companies have skyrocketed out of obscurity and into household-name status as quickly as Zoom, which became a household name when the videoconferencing service helped family members and business teams stay in touch from afar during the COVID-19 pandemic.