MarketsDec 1, 2023
Cloud Computing: The Biggest Pure Play Companies You Can Invest In
What we’re showing
This graphic shows the largest pure play cloud computing companies by market cap, as of Nov 30, 2023.
Context
A pure play company is one that generates all of its revenue from a single line of business—in this case, cloud computing.
Key takeaway
While all of these firms are focused on cloud computing, they may differ by business model and/or target market.
Dataset
Rank | Company | Stock Ticker | Market Cap ($B) | 1-Yr Annual Return (%) |
---|---|---|---|---|
1 | Equinix | EQIX | 76 | 20.5 |
2 | Arista Networks | ANET | 68 | 64 |
3 | Digital Realty Trust | DLR | 42 | 27.1 |
4 | Datadog | DDOG | 35 | 61.9 |
5 | Verisign | VRSN | 22 | 8.6 |
6 | Pure Storage | PSTG | 12 | 28.8 |
7 | Dropbox | DBX | 7 | 24.6 |
8 | Box | BOX | 4 | -4.6 |
Data sources
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