Confluent, Inc. (CFLT): Why Are Analysts Bullish on This Cloud Stock Right Now?

By Yahoo! Finance | Jul 16, 2024 at 05:40 PM EST

The article discusses the significance of cloud computing in today's market, particularly in the context of Confluent, Inc. (NASDAQ:CFLT). It emphasizes the growth potential and valuation metrics for cloud stocks, highlighting the importance of factors such as Rule of 40 scores and EV/Sales multiples.

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