Recently, ON24 announced the acquisition of Norway-based VIBBIO, a cloud video software company, for an undisclosed sum.

I've been analyzing SaaS companies for over a decade, and PaaS companies for several years; based on this body of work here is a shortlist of 25 cloud stocks that I think would be worth buying.

The software market is growing, with more businesses embracing digital transformation and rapid cloud migration.

Recently, ON24 announced its first-quarter financials. Revenues for the quarter grew 102% to $50.1 million, ahead of the market’s forecast of $52.37 million. Non-GAAP EPS was $0.05, ahead of the market’s estimates of $0.53.

San Francisco-based ON24 is a leading player within the space that went public earlier this year. Despite the current turbulent times, the company reported stellar results.