WisdomTree Cloud Computing Fund [WCLD] Stock Forecast

The WisdomTree Cloud Computing ETF (WCLD) was launched on 09/06/2019, and is a smart beta exchange traded fund designed to offer broad exposure to the Technology ETFs category of the market.

There are clear intersections between artificial intelligence (AI) and cloud computing. But for some reason the latter has been an afterthought as the former has flourished in 2023.

The WisdomTree Cloud Computing ETF (WCLD) was launched on 09/06/2019, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Cloud Computing segment of the equity market.

The could business is becoming very crucial with the emergence of generative artificial intelligence (AI), because more companies have been resorting to the public cloud to run hefty workloads. Initially focused on storage and compute resource pooling, cloud computing has evolved to offer advanced services like serverless architectures, edge computing, and integrated AI/ML platforms.

Rising interest rates have negatively impacted long-duration areas of the stock market, particularly unprofitable tech and small-cap growth names. The WisdomTree Cloud Computing Fund is recommended for its attractive valuation, equal-weight construct, and bullish setup on the chart and seasonal trends. WCLD is a growth allocation with a high standard deviation, but it offers a low 30-day median bid/ask spread and a solid track record.

A smart beta exchange traded fund, the WisdomTree Cloud Computing ETF (WCLD) debuted on 09/06/2019, and offers broad exposure to the Technology ETFs category of the market.

Cloud computing stocks and the related exchange traded funds are proving resurgent. Just look at the WisdomTree Cloud Computing Fund (WCLD), which is higher by nearly 29% year-to-date.

Launched on 09/06/2019, the WisdomTree Cloud Computing ETF (WCLD) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Cloud Computing segment of the equity market.

The beaten-down prices in the tech stocks offer a solid buying opportunity for investors.

The WisdomTree Cloud Computing ETF (WCLD) made its debut on 09/06/2019, and is a smart beta exchange traded fund that provides broad exposure to the Technology ETFs category of the market.