The data sector is one of the most varied and sophisticated in existence. Big data, data science, analytics, and security are just a handful of the fields in which people are more knowledgeable than others. The data industry has its own set of advantages and disadvantages. For years, the data sector has been one of the most profitable and largest. The global data analytics market generated $22,998.8 million in revenue in 2019. In 2026, the value is predicted to grow at a CAGR of 28.9% to $132.9 billion. The data industry is massive, and it’s just becoming bigger. In 2020, demand for data scientists in important areas such as healthcare, telecommunications, media/entertainment, and fintech surged by 50%. We will go over some of the greatest data stocks to invest in right now.
Here is Insider Monkey’s list of the best data stocks to buy now. On the list of the greatest data stocks to buy right now, VMWare, Inc. is ranked 10th. The company’s adjusted EPS came in at $1.76 in the first quarter, surpassing the Street by $0.04. Software for hybrid and multi-cloud, modern applications, networking, security, and digital workplaces is available from the firm. Teradata Corporation is a software company that specializes in hybrid cloud analytics. For the supply of analytics, the company provides software, hardware, and related business support services. It ranks ninth on the list of the best data stocks to buy right now. On the list of the top data stocks to purchase right now, New Relic, Inc. is ranked eighth. The company is a software-as-a-service provider that offers a platform for software planning and operations around the world. Domo, Inc. is ranked 7th among the top data stocks to purchase right now on the list. The company runs a cloud-based platform that links all of its users digitally and offers them real-time data and insights. Because of a favorable spending environment for cloud data firms in 2021, Domo’s price objective has been boosted from $40 to $90. Because of its Cloud subsidiary, Amazon.com, Inc. joins the list of the top data stocks to purchase right now. The company’s massive Cloud segment powers important platforms such as Adobe’s, Airbnb’s, and Lyft’s. For more details, click 10 Best Data Stocks to Buy Now.
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