3 Software Stocks to Buy on Weakness Before They Break Out
BBBlackBerry(BB) Investor Place·2024-06-11 18:22

In recent weeks, many if not most software stocks have fallen sharply. Providing evidence for that assertion, the iShares Expanded Tech-Software ETF (NYSEMKT:IGV) sank from 85.13onMay20to85.13 on May 20 to 80.43 on Jun. 7. In my view, the decline was mainly due to two factors. First, a handful of software makers, including customer relationship management giant Salesforce (NYSE:CRM) and identity management player Okta (NASDAQ:OKTA), reported financial results that disappointed the Street. And second, most large investo ...